industry revolution

2. the system of manufacturing large numbers of identical items
4. a social class made up of skilled workers, professionals, business people, and wealthy farmers
5. was on of the first scientific farmers he saw the usual way of sowing seed by scattering was ineffective he solved this problem with the seed drill
7. the system of growing a different crop in a field each year to preserve the fertility of the land
9. a business owned by stockholders who share in its profits but are not personally responsible for its debts
10. the shift beginning in England during the 18th century,from making goods by hand to making them by machine
11. in a factory , an arrangement in which a product is moved from worker to worker , with each person preforming a single task in its manufacture
14. when one worker specializes in doing one task
16. an economic concept that refers to separating task in which people in a factory or company work at one kind of job and learn to do it well
18. one of the fenced in or hedged-in fields created by wealthy British land that was formerly worked by village farmers
19. an economic system based on private ownership and on the investment of money in business ventures in order to make a profit
20. german social philosopher and cheif theorist of modern socialism and
23. identical machine made parts, the use of which made factory work more efficient
25. when people rely on others to provide the goods and services they need

1. the resources-including land,labor,and capital-that are needed to produce goods and services
3. an economic system in which the factors of production are owned by the public and operate for the welfare of all
6. a person who organizes,manages,and takes on the risk of a business
8. 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
12. certain rights of ownership of a corporation
13. the development of industries for the machine production of goods
15. the idea that government should not interfere with or regulate industries and businesses
17. the growth of cities and the migration of people into them
21. Scottish economist;he became the leading advocate of laissez faire economics and is considered by some to be the "father of modern economics"; he wrote the first true text on economics, the wealth of nations,in 1776.
22. British engineer who invented the Bessemer process,a cheap way to mass-produce steel
24. a large building in which machinery is used to manufacture goods