The Industrial Revolution

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Across
  1. 2. one of the fenced-in or hedged-in fields created by wealthy british landowners on land that was formerly worked by village farmers
  2. 4. the idea that the government should not interferewith or regulate industries or businesses
  3. 5. the shift,beginning in England during the 18th century, from making goods by hand to making them by machine
  4. 6. certain rights of ownership of a corporation
  5. 8. a person who organizes, manages and takes on the risks of a business
  6. 9. the system of manufacturing large numbers of identical items
  7. 11. scottish economist; he became the advocate of laissez faire economics and is considered by someto be the father of modern economics;he wrote the first true text on economics,"The Wealth of Nations," in 1776
  8. 13. a large building in which machinery is used to manufacture goods
  9. 15. when one worker specializes in doing one tax
  10. 17. the theory proposed by Jermeny Bentham in the late 1700s,that government actions are useful only if they promote the greatest good for the greatest number of people
  11. 18. identical machine-made parts the use of which made factory work more efficient
  12. 19. a business owned by stockholders who share in its profits but are not personally responsible for its debts
  13. 20. the system of growing a different crop in a field each year to preserve the fertility of the land
  14. 21. in a factory an arrangement in which a product is moved from worker to worker with each person performing a single task in its manufacture
Down
  1. 1. British enginer who invented the Bessemer process, a cheap way to mass produce steel
  2. 3. the resources- including land, labor and capital- that are needed to produce goods and services
  3. 6. an economic concept that refers to seperation tasks in which people in a factory or company work at one kind of job and learn to do it well
  4. 7. the growth of cities and the migration of people into them
  5. 10. when people rely on others to provide the goods and services they need
  6. 12. a social class made up of skilled workers, professionals, businesspeople and wealthy farmers
  7. 14. the development of industries for the machine production of goods
  8. 16. an economic system based on private ownership and on the investment of money in business ventures in order to make a profit