Term
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Definition
-fences or hedges used in fields
-created by wealthy british landowners on land that was formally worked on by village farmers |
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Term
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Definition
| system of growing a different crop in a field each year to preserve the fertility of the land |
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Term
| natural resources required for industrialization |
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Definition
-water power and coal to fuel new machines
-iron ore to construct machines, tools, buildings
-rivers for inland transportation
-harbors which merchant ships set sail |
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Term
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Definition
| land, labor, capital (wealth) |
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Definition
-Wealthy textile merchants founded
-needed waterpower so built near rivers and streams |
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Term
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Definition
| City building and the movement of people to cities |
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Term
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Definition
Cities grew rapidly had no development plan sanitary codes or building codes
Lacked adequate housing education and police protection |
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Definition
Factory owners wanted to keep machines running as long as possible
Dangerous conditions for workers child labor |
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Term
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Definition
| A social class made of skilled workers professionals business people and wealthy farmers |
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Definition
| Laborers, saw little improvement living+working conditions watched lives disappear as machines replaced them |
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Term
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Definition
-Believed wrong forworkers to live/work in the conditions
-Philosopher/economist led utilitarian movement |
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Term
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Definition
-Economic policy of letting owners of industry and business set working conditions
-no government interference |
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Term
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Definition
| The factors of production are owned by the public and operate for the welfare of all |
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Definition
-People to judge ideas,institutions and actions on basis of their usefulness
-unselfishness |
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Definition
| Economic system which factors of production privately owned money invested in business ventures for a profit |
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Definition
-Communist manifesto (1848)
—influences: utopian ideas, socialism, abusive workers |
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Term
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Definition
-The wealth of Nations (1776)
— influence ideas: laissez-faire economy should work with no government influence |
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Term
| Capitalism's three natural laws of economics |
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Definition
•Law of self-interest
•Law of supply and dema nd
•law of competition |
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Term
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Definition
| workers joined together in voluntary labor associations |
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Term
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Definition
| if factory owners refused the demands of union members the members would refuse to work |
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Term
| Abolishment of slavery in Britain |
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Definition
| William Wilberforce, member of parliament helped end slavery and slave trade |
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Term
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Definition
| restricted working age and hours, even after passed children still did hard work in the factories |
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