Tuesday, November 2, 2010

HW# 19

#1)
Industrial Revolution- Greatly increased output of machine-made goods that began in England during the 18th century.
Enclosure- Large fields with fences or hedges.
Crop Rotation- A developed improved way of farming.
Industrialization- The process of developing machine production of goods.
Factors of production- Resources needed to produce goods and services that the Industrial Revolution required. Land, labor, and capital.
Factory- Mass production machines in a large building.
Entrepreneur- A person who organizes, manages, and takes on the risk of a business.

No comments:

Post a Comment