Industrial Revolution Terms Quiz 1-10

The shift, beginning in England during the 18th century, from making goods by hand to making them by machine

• French Revolution

• Scientific Revolution

• American Revolution

• Industrial Revolution

One of the fenced-in or hedged-in fields created by wealthy British landowners on land that was formerly worked by village farmers.

• Urbanization

• Enclosure system

• Crop rotation

• Putting-out system

A person who organizes, manages, and takes on the risks of a business

• Innovator

• Entrepreneur

• Capitalist

• Marginalist

The resources- including land, labor, and capital- that are needed to produce goods and services

• Canal System

• Factors of Production

• Crop Rotation

• Hedgerows

A fabric made by weaving, used in making clothing

• Venture capitalist

• Textile

• Entrepreneur

• Risk taker

A building or set of buildings with facilities for manufacturing or producing goods.

• Water Wheel

• Derived thread

• Factory

• Textile

A social class broadly composed of people working in blue-collar, or manual, occupations.

• Working Class

• Mechanization

• Industrialization

• Entrepreneur

A social class made up of skilled workers, professionals, business people, and wealthy farmers

• Middle Class

• Enclosure movement

• Scarcity

• Factory system

Idea that government should play as small a role as possible in economic affairs.

• Adam Smith

• Karl Marx

• Robert Bakewell

• Laissez-faire

An economic system based on private property and free enterprise - no government regulation in economics.

• Socialism

• Communism

• Capitalism

• Richard Arkwright