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Vocabulary flashcards covering key inventions, key historical figures, economic systems, business terms, and social conditions during the Industrial Revolution.
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Enclosure Movement
The movement that caused small farmers to move from rural areas into the cities.
Entrepreneurs
Ambitious British people in the middle and upper classes who organized and managed the country's growing industries and took financial risks.
Eli Whitney
Inventor who created the cotton gin and introduced interchangeable parts.
John Kay
Inventor who created the flying shuttle for the textile industry.
Edmund Cartwright
Inventor who created the power loom for the textile industry.
Factory System
An organized method of production that brought workers and machines together under the control of managers.
James Watt
Inventor who invented the steam engine.
Henry Cort
Pioneer who introduced a method of using coal to produce higher quality iron.
Bessemer Process
A method created by William Kelley and Henry Bessemer to use iron to make steel.
Robert Fulton
Inventor who invented the steamboat.
Samuel Slater
Person who smuggled industrial ideas from Great Britain to the United States.
Capitalism
An economic system where individuals own the means of production.
Mass Production
The process of producing a lot of an identical good.
Interchangeable Parts
Man-made parts that are exactly alike and easy to assemble.
Frederick Taylor
Pioneer who developed scientific management, which led to the division of labor and the assembly line.
Division of Labor
A system of production where each person has a specific job to do.
Assembly Line
A line of factory workers that stand in front of a conveyor belt and make a product as it goes by.
Henry Ford
Industrialist who developed the assembly line for making cars.
Socialism
An economic system where workers own the means of production.
Communism
An economic system where the government owns the means of production.
Domestic System
A labor system in which the entire family worked to produce goods in the home.
Partnership
A business organization where two people combine their money to form a business.
Corporation
A company owned by stockholders who buy shares in the business.
Business Cycle
Alternating periods of business expansion and decline.
Depression
The lowest point of a business cycle.
Samuel Morse
Inventor of the telegraph, which used Morse code.
Alexander Graham Bell
Inventor who invented the telephone.
Thomas Edison
Inventor who invented the lightbulb and the phonograph (record player).
Wright Brothers
Inventors who created the first motorized airplane.
Tenements
Crowded, poorly constructed apartment buildings where the working class lived.