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INDUSTRIAL REVOLUTION. VOCABULARY Industrial Revolution: beginning in the late 1700s, a period in which mechanical power replaced muscle power for the.

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Presentation on theme: "INDUSTRIAL REVOLUTION. VOCABULARY Industrial Revolution: beginning in the late 1700s, a period in which mechanical power replaced muscle power for the."— Presentation transcript:

1 INDUSTRIAL REVOLUTION

2 VOCABULARY Industrial Revolution: beginning in the late 1700s, a period in which mechanical power replaced muscle power for the production of goods Labor: The people who do the work Raw Materials: A material or substance used in the production or manufacturing of a good.

3 VOCABULARY Productivity: the amount of goods or services that result for each unit of required resources used (output per unit of input Bessemer process: an inexpensive method for converting iron to steel by using a blast of air to remove carbon from molten iron Domestic system: a pre-industrial system of manufacturing in which workers crafted products in their homes Factory system: an industrial system of manufacturing in which workers, raw materials, and machinery are gathered under the same roof

4 VOCABULARY Capitalism: an economic system, based on the premise of self-interest, in which all resources are privately owned Mass Production - the manufacture of identical items through the use of specialization and interchangeable parts Monopoly: complete control by one firm of the production and/or the supply of a good Urbanization: the process of turning a rural area or village into a town or city


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