| Term | Definition |
| Agricultural revolution | A time when new inventions such as the seed drill and the steel plow made farming easier and faster. The production of food rose dramatically. |
| Enclosure movement | practice of fencing or enclosing common lands into individual holdings |
| Putting out System | the work was done at your home instead of going to a factory |
| Industrialization | the process of developing machine production of goods |
| Textile industry | Industries involved in the reproduction and manufacturing of clothing and cloth |
| Steam power | the process of burning coal to produce steam which is then used to operate a pump, james watt helped make the steam engine more efficient and it became a practical commercial success in England, helped to transport goods faster and cheaper, created broader network of trade |
| Urbanization | movement of people from rural areas to cities. |
| Luddites | These were the angry old cottage industry workers who lost their jobs and costumers to machines and as a result, they began to secretly destroy the machines |
| Labor Unions | Organizations of workers who, together, put pressure on the employers in an industry to improve working conditions and wages. |
| Tenements | housing which were poorly built and overcrowded by immigrants |
| Laissez-Faire | idea that government should play as small a role as possible in economic affairs |
| Capitalism | an economic system based on private ownership of capital |
| Utilitarianism | The theory, proposed by Jeremy Bentham in the late 1700s, that government actions are useful only if they promote the greatest good for the greatest number of people. |
| Utopia | an imaginary place considered to be perfect or ideal |
| Socialism | an economic system in which the factors of production are owned by the public and operate for the welfare of all. |
| Marxism | the political, economic, and social principles and policies advocated by Karl Marx that hold that human actions and institutions are economically determined and that class struggle is needed to create historical change and that capitalism will untimately be superseded |
| Communism | a political system characterized by a centrally planned economy with all economic and political power resting in the hands of the central government |
| Proletariat | a social class comprising those who do manual labor or work for wages |