Industrialization
The system that concentrated workers, machines, and production under one roof.
What is the factory system?
Two natural resources Britain possessed in abundance that powered machines and provided material for industrial construction.
What is coal and iron?
Private ownership, competition, markets, and the pursuit of profit characterize this economic system.
What is capitalism?
The rapid movement and concentration of populations into cities.
The industry in which mechanization first took off in Britain.
What is the textile industry?
Agricultural improvements increased the food supply while helping create more of these people for factories.
What is labor/workers?
In Marx's analysis, this class owned little productive property and therefore sold its labor for wages.
Who are the proletariat?
Industrialization expanded this class of merchants, managers, professionals, and business owners.
What is the middle class?
This power source allowed factories to move away from fast-flowing rivers.
What is steam power?
Britain's colonies served two economic purposes: sources of raw materials and these for manufactured products.
What are markets?
In Marx's analysis, this class owned factories and other means of production.
What is bourgeoisie?
Overcrowding, contaminated water, inadequate sewage systems, and disease were common consequences of this phenomenon.
What is rapid urbanization?
Producing goods in large quantities using machinery made manufactured goods generally become this.
What is cheaper / more affordable?
Rivers, canals, ports, and an extensive coastline gave Britain this major economic advantage.
What is transportation/trade?
Factories, machinery, land, and resources used to produce goods are collectively described by this Marxist term.
What are the means of production?
Workers formed these organizations to collectively demand higher wages, shorter hours, and safer workplaces.
What are unions?
Breaking production into smaller specialized tasks increased efficiency through this practice.
Profits from commerce and a developed banking system gave British entrepreneurs access to this essential ingredient of industrial growth.
What is capital?
A factory owner's wealth increases while workers receive wages worth only a fraction of what their labor produces. Marx viewed this as an example of this.
What is exploitation?
Factory laws, sanitation projects, and workplace regulations reflected a growing acceptance of this government role.
What is government regulation/intervention?