Industrial Revolution

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Industrial Revolution

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A period of major change when machines and factories replaced hand tools and farming as the main way of producing goods.

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Factory System

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A method of manufacturing using large buildings, machines, and workers to produce goods.

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Urbanization

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The growth of cities as people moved from rural areas to work in factories.

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Textile Industry

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The production of cloth, which was one of the first industries to be transformed by machines.

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Steam Engine

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A machine that uses steam to generate power, helping run factories, trains, and ships.

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Capitalism

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An economic system where businesses are owned by private individuals who seek to make a profit in a competitive marketplace open to all.

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Laissez-Faire

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An idea that the government should do nothing to regulate business and the economy.

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Labor Union

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A group of workers who join together to fight for better working conditions and pay.

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Socialism

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An economic system where the government regulates, owns, or controls key industries to reduce inequality.

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Communism

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A political and economic system where all property is owned by the community and wealth is shared equally.