Industrial Revolution Vocabulary

Great increase in machine production that began in England in the 18th century

• Industrial Revolution
• Enclosure
• Crop Rotation
• Industrialization

Large closed-in field for farming

• Industrial Revolution
• Enclosure
• Crop Rotation
• Industrialization

Planting a different crop in a different field each year

• Industrial Revolution
• Enclosure
• Crop Rotation
• Industrialization

Process of developing  machine production of goods

• Industrialization
• Crop Rotation
• Enclosure
• Industrial Revolution

Conditions needed to produce goods and services

• Factors of production
• Entrepreneur
• Urbanization
• Middle class

Person who organizes, manages, and takes on the financial risk of a business enterprise

• Entrepreneur
• Factors of production
• Urbanization
• Middle class

City building and the movement of people to cities

• Entrepreneur
• Middle class
• Factors of production
• Urbanization

A social class of skilled workers, professionals, business people, and wealthy farmers

• Urbanization
• Entrepreneur
• Factors of production
• Middle class

Right of ownership in a company called a corporation

• Corporation
• Stock
• Laissez faire
• Capitalism

Business owned by stockholders who share in its profits but are not responsible for its debts

• Stock
• Laissez faire
• Corporation
• Capitalism