Industrial Revolution Vocab

2. Inventor of the cotton gin.
8. German political thinker whose ideas became the foundation for communism.
11. Farms, factories, railways, and other large businesses that produce and distribute goods.
12. Movement of people from rural areas to cities
13. System in which people as a whole rather than private individuals own all property and operate businesses.
14. The ability to move up (or down) in social class

1. Market regulated by the natural laws of supply and demand.
3. Multistory building divided into crowded apartments
4. A person who assumes financial risk in the hope of making a profit.
5. Money or wealth used to invest in business or enterprise
6. Inventor of the steam engine
7. The level of material goods and services available to people in a society
9. Form of socialism advocated by Karl Marx; idea that class conflict would lead to the creation of a classless society in which all wealth and property would be owned by the community as a whole.
10. Term for the working class