Industrialization Vocab

GREED

• TO SHARE YOUR WEALTH

• TO BUY BUSINESSES

• SELFISH DESIRE FOR SOMETHING ESPECIALLY WEALTH

• TO GAIN MONEY

Industrialization

• Farming

• Birth and Growth of a business through machinery

• The exchange of money for a product

• Trade system between Europe and US

Urbanization

• Selling goods

• The Growth of the Economy

• The Growth of Cities

• Taming animals

Trade

• Buying, selling or exchanging goods and services

• Growing food for survival

• The economy of a city

• The creation and use of machines

Mass Production

• To grow and harvest crops

• To produce large amounts of something

• Desire for wealth

• To produce a small amount of something

Assembly Line

• Producing something at a fast rate

• Working together to make something to be sold

• The use of slave labor

• Growth of cities

What is an example of a corporation ?

• Apple

• School

• Small family business

• library

Monopoly

• A company that controls all production and sales

• A small business that sells products

• the exchange of money

• Trading goods for profit