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The rapid development of industry that occurred in Britain in the late 18th and 19th centuries, brought about by the introduction of machinery. It was characterized by the use of steam power, the growth of factories, and the mass production of manufactured goods |
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An artificial or natural barrier that seals off an area |
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The growing of different crops, in recurring succession, on the same land in contrast to monoculture cropping. Rotation usually is done to replenish soil fertility and to reduce pest populations in order to increase the potential for high levels of production in future years. |
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the development of industry on an extensive scale |
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are any commodities or services used to produce goods and services. |
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A building or group of buildings where goods are manufactured or assembled chiefly by machine |
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A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so |
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the social process whereby cities grow and societies become more urban |
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A social class made up of skilled workers, professionals, business people, and wealthy farmers. |
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The goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution. |
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A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law |
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the doctrine that government should not interfere in commercial affairs |
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He argued that if individuals freely followed their own self-interest . |
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An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state |
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The doctrine that actions are right if they are useful or for the benefit of a majority |
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A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole |
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founder of modern communism; wrote the Communist Manifesto with Engels in 1848; wrote Das Kapital in 1867 (1818-1883) |
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A political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs |
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An association of workers, formed to bargain for better working conditions and higher wages |
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To Refuse to work in order to force an employer to meet certain demands |
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