Studied by 3 people
Industry
The process of using machines and large-scale processes to convert raw materials into manufactured goods.
Raw Materials
Basic substances such as minerals and crops needed to manufacture finished goods.
Marketplace
A physical or virtual space where goods or services are bought and sold.
Cottage Industries
Small home-based businesses that produce goods.
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.
Cottage Industries
Small home-based businesses that made goods and depended on human labor.
Industrial Revolution
A period of rapid industrialization, characterized by technological advances that allowed for faster and cheaper production in factories.
Capital-Intensive
A type of production that requires a large amount of money to be invested in machinery and equipment.
Labor-Intensive
A type of production that requires a large amount of human labor to be invested in making goods.
Spatial Relations
The ways in which people and objects are arranged in physical space, and how this affects social interactions and relationships.
