Industrial Revolution Vocab Squares

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10 Terms

1
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Agricultural Revolution

A period of time during the early 1700s where the quality and quantity of farm products greatly increased

<p>A period of time during the early 1700s where the quality and quantity of farm products greatly increased</p>
2
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Industrial Revolution

A period in the beginning of the 1700s in which production shifted from simple hand tools to complex machinery and sources of energy shifted from human or animal to steam and electricity

<p>A period in the beginning of the 1700s in which production shifted from simple hand tools to complex machinery and sources of energy shifted from human or animal to steam and electricity</p>
3
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Laissez Faire

policy allowing business to operate with little or no government interference

<p>policy allowing business to operate with little or no government interference</p>
4
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Communism

form of socialism advocated by Karl Marx, classless society in which all wealth and property are owned by the community as a whole

<p>form of socialism advocated by Karl Marx, classless society in which all wealth and property are owned by the community as a whole</p>
5
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Union

an organization of workers who use their strength to have a greater voice

<p>an organization of workers who use their strength to have a greater voice</p>
6
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Collective Bargaining

negotiations between workers and employers regarding working conditions and salary

<p>negotiations between workers and employers regarding working conditions and salary</p>
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factors of production

natural resources, labor, capital, entrepreneurship

<p>natural resources, labor, capital, entrepreneurship</p>
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Urbanization

Movement of people from rural areas to cities

<p>Movement of people from rural areas to cities</p>
9
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Tenements

Multistory buildings with small apartments, families share one room

<p>Multistory buildings with small apartments, families share one room</p>
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Socialism

the people as a whole rather than private individuals would own and operate the means of production

<p>the people as a whole rather than private individuals would own and operate the means of production</p>