Agricultural Revolution

An Agricultural Revolution happened in Europe during the 18th century

a significant change in agriculture that occurs when there are discoveries, inventions, or new technologies that change production

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Bourgeoisie

A wealthy and educated person would be consired Bourgeoisie

the people in a society who are rich, educated, own land etc, according to Marxism

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Capital

The industrial revolution gave Britain an increase in capital

money or property, especially when it is used to start a business or to produce more wealth

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Capitalism

A lot of countries now run on capitalism

an economic and political system in which businesses belong mostly to private owners, not to the government

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Communism

Russian is a communism country

a political system in which the government controls the production of all food and goods, and there is no privately owned property

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Crop rotation

Crop rotation significantly changed agriculture and farming

the practice of changing the crops that you grow in a field each year to preserve the good qualities in the soil

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Economy

The United States has a very wealthy economy

the system by which a country's money and goods are produced and used, or a country considered in this way

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Factors of production

When creating or making products there will be factors of production

a collection of various resources which contribute to producing goods or services, which fall into three main groups - land, labor, and capital

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Laissez Faire

Because of Laissez Faire, in Britain buissnesses were able to develop without government interferance

the principle that the government should allow the economy or private businesses to develop without any state control or influence

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Industrialize

After Britain's industrialization many countries followed

when a country or place develops a lot of industry

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Industrial Revolution

The Industrial Revolution started in the mid 1700s in Britain

the period in the 18th and 19th centuries in Europe and the USA when machines were invented and the first factories were established

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Natural resource

Britain had an abundance of natural resources

things that exist in nature and can be used by people, for example oil, trees etc

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Proletariat

The proletariat were not wealthy

the class of workers who own no property and work for wages, especially in factories, building things etc - used in socialist writings

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Socialism

China is a country ran on socialism

an economic and political system in which large industries are owned by the government, and taxes are used to take some wealth away from richer citizens and give it to poorer citizens

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Subsistence

Many people are in a state of Subsistence

the condition of only just having enough money or food to stay alive

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Textile

Many textiles were produced during the industrial revolution

any type of woven cloth that is made in large quantities, used especially by people in the business of making clothes etc

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