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Industrial Revolution Vocab Cards
/
5
History
10th Grade
09/28/2017

Additional History Flashcards

 


 

Cards

Term

51. Market

 

Many markets sell things like crops and antique items.

Definition

An area where goods are bought and sold.

 

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Term

52. Resources

 

Resources that humans use include fossil fuels, wind, solar energy, and water.

Definition

Things used up by someone or something.

 

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Term

53. Profit

 

The average profit for a small business is about +15% a year.

Definition

Money/Resources gained by doing business.

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Term

54. Capital

 

The capital for starting the business was about $15,000.

 

Definition

Money/other resources used to start a business or to make it grow.

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Term

55. Factors of Production

 

The main factors of production are land, labor, and capital.

Definition

Resources put into a business in order to make profit.

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