This is a resource that is provided by nature
Natural Resource
Many people organized and began their own businesses and became known as this
Entrepreneurs
Working in a step by step method to mass produce cars was perfected by this man
Henry Ford
The domestic system was a style of work that was done primarily in this location
Home
This was the country where the Industrial Revolution first began
Great Britain
This is another term for money or other financial resources
Capital
Labor Union
Henry Bessemer developed a process to produce this material much faster and cheaper
Steel
Factory workers did this job along this in order to mass produce their products
Assembly Line
Skilled workers, professionals, and business owners were part of this during the Industrial Revolution
Middle Class
This is the movement of people into cities
Urbanization
If the government takes a hands off approach towards businesses it is known as this
Laissez Faire
The telegraph, along with the code needed to understand it, was invented by this man
Samuel Morse
These two groups of people were often hired because they were cheaper labor
Women and Children
While assembly lines did help with mass production, it also had these negative consequences as well
-Workers became replaceable
-Workers wages went down
-Other answers acceptable
Land, Labor, and Capital are collecting known as this
Factors of Production
Monopoly
James Watt invented this tool to help power boats and trains for transportation
Steam Engine
This was the increased production in farming production due to new technologies and methods
Agricultural Revolution
This was the average wage for a factory worker during the Industrial Revolution
10 cents an hour
This is the economic system in which everything is controlled privately and competition and profit are the most important things
Capitalism
This economic system became popular among the working class because it was the opposite ideology to Capitalism
Socialism
This method of farming involved switching to a different crop each season
Crop Rotation
List two differences between Domestic and Factory System
Many answers are acceptable
Manchester