entrepreneur

person who assumes all financial risk in starting a business (business man)

labor union

An organization of workers that tries to improve working conditions, wages, and benefits for its members

urbanization

movement of people from rural areas (country) to the cities

enterprise

business organization in a specific area, such as shipping, mining, railroads, or factories

Why the Industrial Revolution began in Britain

natural resources, coal and iron
rivers for transportation and power
ready work force (people willing to work)
high demand for goods
increased population
capital (money used for investment)
stable government

James Watt

Improved the steam engine

6 effects of the Agricultural Revolution

Increased population
Increase in life expectancy
Decrease in farming jobs available
People move to cities in search of work
Better hygiene and sanitation
Decline in famine(hunger)

6 social impacts of the Industrial Revolution

Urbanization
Poor living conditions-tenements
Bad working conditions
Child labor
Rise of labor unions
Growth of a middle class

positives of factory work

-people could earn money

5 negatives of factory work

-poor working conditions
-long hours
-low pay
-dangerous jobs
-mistreatment of children

cottage/domestic system

goods made by hand in the home

Henry Bessemer

This man revolutionized the way to manufacture steel by making the process quicker and more efficient

Eli Whitney

American inventor of the cotton gin

James Hargreaves

English inventor of the spinning jenny

Lasseiz-faire

Government does not get involved with business. Supply and demand regulates the economy

Agricultural Revolution

Improved farming methods

strike

Nonviolent refusal to continue to work until a problem is resolved.

Conditions in tenements

Overcrowding and filth in new tenements promoting the spread of deadly diseases, such as cholera, typhoid, and tuberculosis

working conditions in early factories

machine noise could be deafening, poor lighting and ventilation, frequent fires and accidents were caused by fatigue, faulty equipment, and careless trainingWhat natural resources allowed England to industrialize first? (3)1. (water power/co

textiles

cloth goods made of linen, wool or cotton (clothing)

Capitalism

An economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit; these ideas also helped to bring about the Industrial Revolution