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Surplus of Unskilled Workers
A large number of untrained laborers available for industrial jobs, mainly in urban areas during the 18th century.
Enclosure Movement
The process of consolidating small landholdings into larger farms, which increased agricultural productivity but displaced many workers.
Bank of England
Established in 1694, it provided a stable banking system and issued banknotes, facilitating financial operations.
Spinning Jenny
An invention by James Hargreaves that allowed one worker to spin multiple threads simultaneously, increasing textile production.
Steam Engine
Invented by James Watt, it used steam power to create movement, revolutionizing industry and transportation.
Cotton Gin
A machine invented by Eli Whitney that separated cotton fibers from seeds, greatly improving cotton processing efficiency.
Bessemer Process
A method developed by Henry Bessemer for producing steel cheaply and in large quantities.
Smallpox Vaccination
Pioneered by Edward Jenner, this was the first successful vaccination technique to combat the smallpox disease.
Factory System
An industrial organization method that centralized production in large facilities, employing many workers in systematic operations.
Environmental Pollution
The introduction of harmful substances into the environment as a result of industrial activities.
Child Labor
The employment of children in factories and other industries, often under harsh conditions, considered exploitative by Karl Marx.
Wealth of Nations
A book by Adam Smith that advocates for a market economy driven by competition and entrepreneurship.
Communist Manifesto
A political pamphlet by Karl Marx and Friedrich Engels that argues for a revolutionary overthrow of capitalist societies.