Industrial Revolution

2. associations made up of workers who want reform
5. person who organizes, manages, and takes on the risks of business
8. economic system in which money is invested in business ventures
12. class a social class of skilled workers, businessmen, & wealthy farmers
13. an economic system in which the factors of production are owned by the public and operate for the welfare of all
14. the refusal to worl
15. rotation method of farming developed by scientific farmers; very efficient
16. roads that were built and operated for profit
17. period of city building and movement of people to cities
19. business owned by stockholders who share its profits
20. of production land, labor, and wealth

1. faire refers to the economic policy of letting business owners set working conditions w/o interference
3. people who attacked English factories and destroyed labor-saving machinery
4. the process of developing machine production of goods
6. locomotive steam machine on wheels
7. jenny invented by James Hargreaves and was named after his daughter
9. revolution period of greatly increased output of machine made goods
10. form of complete socialism; private property ceases to exist & all goods and services are shared equally
11. the name of the larger fields farmers were able to cultivate
18. where wealthy textile merchants set up machines to produce goods