Industrial Revolution Vocabulary Flashcards

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Urban

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Related to a city or town.

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Rural

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Related to the countryside rather than the town.

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Capital

Back

Wealth in the form of money or assets, used or accumulated in a business by a person, partnership, or corporation.

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Commerce

Back

The activity of buying and selling, especially on a large scale.

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entrepreneur

Back

A person who starts up and takes a risk of starting a business

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industry

Back

A collection of businesess with a common line of products or services

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monopoly

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Complete control of a product or business by one person or group

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corporation

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

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stockholder

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People who own a share or shares in a corporation

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union

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an association of workers, formed to bargain for better working conditions and higher wages