| A | B |
|---|
| textile | cloth or fabric made by weaving |
| raw materials | what colonial pwers wanted from their colonies |
| factories | where goods are made by machines |
| imported | brought in from one country to another |
| labor unions | workers who join together to protect their wages |
| imperialism | conquering other lands |
| industrial revolution | making goods by machine instead of by hand |
| investors | people with money who backed new businesses |
| steam engine | completely changed transportation |
| child labor | children employed in factories for low wages |
| strike | protest in which an entire group of workers refuse to work |
| depression | lowest point of a business cycle |
| monopoly | control of total production or sale of a good or service |
| Whitney | inventor of the Cotton Gin |
| Watt | Inventor of the modern steam engine |
| Stephenson | Inventor of the "Rocket" |
| Britain | place where Industrial Revolution began |
| land | one factor of production |
| labor | one factor of production |
| capital | one factor of production |
| sole proprietorship | A business owned and controlled by one person |
| Communism | system where the government controls the factors of production. |
| Capitalism | individuals control the factors of production |
| Crop Rotation | process used to preserve the quality of soil |
