Unit 8 PRACTICE quiz

The amount of money a business has leftover after expenditures (expenses) are subtracted from revenue (total amount of money brought in)

A place that brings together workers and machines to produce large quantities of goods

An industry whose labor force consist of family units or individuals working from home with their own equipment

The development of industries for the machine production of goods

The units (resources) needed for the creation of a good or service; land, labor; capital, and entreprenuership

The growth of cities and the movement of people from rural areas to live in cities

The process of colonists adopting the culture, values, and social behaviors of an imperial nation

Urban apartment building that served as housing for poor factory workers; often poorly constructed and overcrowded

A policy of staying away from/ not getting involved in the political affairs of other countries

Japanese emperor restored to the throne as ruler in 1867; led his nation on a path that followed western industrialization technological development, and military restructuring