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Last updated 5:23 PM on 5/5/24
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20 Terms

1
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Agricultural Revolution

Increase in food supply in Britain leading to more disposable income for manufactured goods.

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Cottage Industry Entrepreneurs

Successful entrepreneurs investing in new manufacturing methods in Britain.

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Central Bank

Well-designed bank in Britain providing capital loans to entrepreneurs.

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Entrepreneurship Environment

Favorable environment in Britain due to Parliament's rejection of absolutism.

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Government Policies

Policies like the repeal of the Corn Laws in Britain facilitating labor movement to factories.

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Mineral Resources

Abundance of coal and iron in Britain crucial for industrialization.

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Empire Markets

Vast empire in Britain providing ready markets for manufactured goods.

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Incentives for Inventors

Significant incentives in Britain leading to key innovations like the spinning jenny and steam engine.

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Second Industrial Revolution

Larger scale industrialization in Europe from 1870-1914.

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Factory System

Dominant mode of production in the Second Industrial Revolution, replacing handmade goods.

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Krupp Family

Dominant player in the steel industry in Essen, Germany.

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Railroads

Expansion of commerce and urbanization facilitated by railroads in Europe.

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Liberalism

Emphasizes individual rights, popular sovereignty, and limited government.

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Socialism

Ideology advocating for community ownership of means of production in response to Industrial Revolution inequalities.

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Anarchism

Idea opposing governmental authority and advocating for voluntary cooperation in society.

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Mass-Based Political Parties

Political parties appealing to more voters as European nations extended voting rights.

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Labor Unions

Organizations promoting social and economic reforms for workers in Europe.

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Women's Rights Movements

Movements advocating for legal, economic, and political rights for women in Europe.

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Public Health Reforms

Reforms addressing poor living conditions and diseases in Europe during the 19th century.

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Compulsory Education Laws

Laws passed in most European countries between 1870-1914 for children aged 6-12 to prepare for the Second Industrial Revolution.