| A | B |
|---|
| domestic system | early industrial labor system in which workers produced goods at home |
| enclosure movement | trend for large landowners to fence and include prblic and private common lands in their own estates |
| Britain | Country where the Industrial Revolution started |
| capital | money to invest in labor, machines, and raw material |
| entrepreneur | person who untertakes risks to establish a business |
| James Haregraves | invented a more efficient spinning machine he called the spinning jenny |
| Edmund Cartwright | developed the power loom |
| Samuel Crompton | Inventor of the spinning mule |
| Eli Whitney | Developed the cotton gin |
| factory system | organized method of production that brought workers and machines together under the control of managers |
| Henry Bessemer | developed methods to inexpensively produce steel from iron |
| Robert Fulton | designed the first practical steamboat |
| industrial capitalism | economic system in which individuals continually reinvest profits and expand thier businesses |
| interchangeable parts | production method using identical, easy-to-assemble parts |
| division of labor | production technique in which each worker does one specialized task |
| partnership | business owned by two or more entrepreneurs who share management, profits, and losses |
| Corporations | business organization that is owned by stockholders who buy shares, and is run by professional managers |
| Henry Ford | used assembly-line methods to mass produce his Model T automobile |
| Samuel Morse | assembled a working model of the telegraph |
| Guglielmo Marconi | devised the wireless telegraph, later modified into the radio |
| Thomas Edison | invented the phonograph |
| Rudolf Diesal | developed an oil-burning internal-combustion engine that could run industrial plants, ocean liners, and locomotives |
| labor unions | organization of workers formed to pressure business owners to improve wages and working conditions |
| collective bargaining | negotiations between union representatives and employers |
