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Arts and Humanities
History of the Americas
Terms in this set (14)
A new product, system, or process that has never existed before, created by study and experimentation.
An improvement of an existing technological product, system, or method of doing something.
The process of creating goods and services
the value of output from a particular input, often labour
a resource that can be used to make a product
items produced from raw materials
a type of cloth or woven fabric
economic activity concerned with the processing of raw materials and manufacture of goods in factories.
farming in which only enough food to feed one's family is produced
an amount beyond what is required to sustain life
Manufacturing based in homes rather than in a factory, commonly found before the Industrial Revolution.
Putting Out System
system of merchant-capitalists supplying raw materials to cottage workers for processing to be used in industry
the system of growing a different crop in a field each year to preserve the fertility of the land
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