| A | B |
|---|
| Industrialization | process of making goods by machine |
| enclosure | fenced in fields used for scientific farming |
| Resources needed for Industrialization | Iron, Coal and inland rivers |
| Nation the Industrial Revolution began | Great Britain |
| 1st industry to industrialize | Textile |
| Railroad | industry created thousands of new jobs |
| movement of people to cities | urbanization |
| Examples of poor Working conditions | Unsanitary factories, no safety equipment |
| Industrial Living conditions | Crowded, lacked sewer systems, lacked housing |
| barriers to industrial growth | social structure, mountains, lack of resources |
| Middle class | Wealthy farmers, Skilled workers & professionals |
| Adam Smith's ideas | Law of competition, self interest & supply and demand |
| laissez faire | no government intervention in the economy |
| William Wilberforce | fought to end slavery in Britain |
| Socialism's goal | provide a service for welfare of all |
| Capitalism's goal | make profit |
| Supporter of Capitalism | Factory Owners |
| Supporters of Socialism | Working Class |
| Developed Communist Manifesto | Karl Marx |
| Utilitarianism | believed we should judge ideas on usefulness |
| Utopia | perfect living place |
| Socialism | gov. owns means of production |
| Capitalism | individuals own means of production |
| Luddites | destroyed machines b/c took their jobs |
| strike | refusal to work |
| union | organization of workers |
| Collective bargaining | negotiations between union workers and owners |
| corporation | business owned by stockholders |
| stock | rights of ownership in a corporation |
| Environmental Industrial Problem | pollution & overuse of resources |
