Industrial Revolution and Related Concepts

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Cottage Industry

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A small-scale industry where goods were made by hand at home.

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Urbanization

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The movement of people from rural areas to cities due to industrialization.

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Industrial Revolution

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A period of rapid industrial growth (18th-19th centuries) marked by new manufacturing processes, mechanization, and urbanization.

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Free Enterprise

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An economic system where private businesses operate with minimal government control.

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Socialism

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An economic and political system where production is owned and controlled by society.

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Communism

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A political and economic ideology advocating for a classless society and collective ownership of production, based on Karl Marx’s ideas.

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What is the Industrial Revolution?

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The Industrial Revolution was a period (1750-1900) of technological advancements that led to the transition from hand-made goods to machine-produced goods, resulting in urbanization and economic growth.

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Scientific Advancements & Their Impact

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Improved technology, leading to more efficient production, increased transportation speed, and new medical discoveries that extended life expectancy.

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Richard Arkwright

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Sped up cloth production with the water frame.

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James Watt

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Provided efficient power, revolutionizing transportation & industry with the steam engine.