Unit 7 PRACTICE flashcard

Front

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

Back

Profit

Front

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

Back

Factories

Front

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

Back

Cottage Industry

Front

The development of industries for the machine production of goods

Back

Industrialization

Front

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

Back

Factors of production

Front

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

Back

Urbanization

Front

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

Back

Assimilation

Front

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

Back

Tenement

Front

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

Back

Isolationism

Front

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

Back

Mutsuhito