Terms in this set (31)
Intellectual movement that advocated reason as the universal source of knowledge and truth.
English philosopher who believed people have a natural right to life, liberty, and property.
English scientist who discovered the law of gravity.
A new way of thinking about the natural world, based on observations and questioning accepted beliefs
Fields purchased (sometimes taken) from poor farmers by wealthy farmers that permitted greater agricultural yields in Britain prior to industrialization.
Improved the 3 field system by rotating different fields from crop to crop , thus avoiding soil exhaustion.
English agricultural innovator and scientists that helped yield large returns.
Machine based production of goods.
Factors of Production
Resources needed to produce goods that industrialization required. For Example: land (natural resources), labor, wealth
Where merchants set up industrial machines for their employees to work.
Manufacturing process in which each worker does one task to produce a final product
Shift from manual based labor to machine based labor
The Liverpool-Manchester Railroad
British railway opened in 1830 promoting industrialization.
Movement of people from rural areas to cities
Nature of Work
Advances made that increased the need for industrial labor.
A person who risks time and money to start and manage a business
An economic system based on private property and private ownership of the factors of production
A business that is owned by many investors
A share of ownership in a corporation
Economic philosopher who argued that the economy functions best when not interfered with
Idea that government should play as small a role as possible in economic affairs
The capitalist class that owns the means of production.
The exploited class, the mass of workers who do not own the means of production.
A social class made up of skilled workers, professionals, business people, and wealthy farmers
People who are employed in manual or industrial work.
Collective group of workers that bargains with employers over wages, benefits, and working conditions
Organized stoppage of to force employers to respond to union demands
Government ownership of the factors of production
Economic system where factors of production are collectively owned rather than privately owned
Believed that communism would replace capitalism and the factors of production would be owned by the people
Outlined Karl Marx's communist beliefs and urged the working class to violently rebel