Unit 7.1 - The Industrial Revolution

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10 Terms

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