Unit 7.1 - The Industrial Revolution

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Industry

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10 Terms

1

Industry

The process of using machines and large-scale processes to convert raw materials into manufactured goods.

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2

Raw Materials

Basic substances such as minerals and crops needed to manufacture finished goods.

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3

Marketplace

A physical or virtual space where goods or services are bought and sold.

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4

Cottage Industries

Small home-based businesses that produce goods.

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5

Industrial Revolution

A period of rapid technological advancements, particularly in manufacturing and transportation, that occurred in Europe and North America during the 18th and 19th centuries.

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6

Cottage Industries

Small home-based businesses that made goods and depended on human labor.

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7

Industrial Revolution

A period of rapid industrialization, characterized by technological advances that allowed for faster and cheaper production in factories.

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8

Capital-Intensive

A type of production that requires a large amount of money to be invested in machinery and equipment.

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9

Labor-Intensive

A type of production that requires a large amount of human labor to be invested in making goods.

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10

Spatial Relations

The ways in which people and objects are arranged in physical space, and how this affects social interactions and relationships.

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