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| The shift, beginning in England during the 18th century, from making goods by hand to making them by machine |
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| One of the fenced-in or hedged-in fields created by wealthy British landowners on land that was formerly worked by village farmers |
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| The system of growing a different crop in a field each year to preserve the fertility of the land |
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| The development of industries for the machine production of goods |
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| The resources, including land, labor and capital, that are needed to produce goods and services |
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| A large building in which machinery is used to manufacture goods |
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| A person who organizes, mamages, and takes on the risks of a business |
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| The growth of cities and the migration of people into them |
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| A social class made up of skilled workers, professionals, businesspeople, and wealthy farmers |
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| Certain rights of ownership |
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| A business owned by stockholders who share in its profits but are not personally responsible for its debts |
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| The economic policy of letting owners of industry and business set working conditions without interference |
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| An economic system in which the factors of production are privately owned and money is invetsed in business ventures to make a profit |
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| People should judge ideas, institutions, and actions based upon their usefulness |
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| Factors of production that are owned by the public and operate for the welfare of all |
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| A form of complete socialism in which the means of production would be owned by the people |
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| Workers joining together in voluntary labor associations |
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