(Blank)
Atlantic Slave Trade
segment of the global slave trade that transported between 10 million and 12 million enslaved Africans across the Atlantic Ocean to the Americas from the 16th to the 19th century.
Plantations
a usually large group of plants and especially trees under cultivation.
Industrial Revolution
the process of change from an agrarian and handicraft economy to one dominated by industry and machine manufacturing
Joint stock company
Enclosure Acts
enclosed open fields and common land in the country, creating legal property rights to land that was previously considered common.
William Wilberforce
Wilberforce's efforts helped to ban the slave trade in 1807 and abolish slavery in the British Empire in 1833, thus freeing millions of formerly enslaved people.Dec 28, 2018
subsidies
a sum of money granted by the government or a public body to assist an industry or business so that the price of a commodity or service may remain low or competitive.
Mercantilism
belief in the benefits of profitable trading; commercialism.
Agricultural Revolution
the name given to a number of cultural transformations that initially allowed humans to change from a hunting and gathering subsistence to one of agriculture and animal domestications.
Middle Passage
the sea journey undertaken by slave ships from West Africa to the West Indies
Domestic System
a system of manufacturing based upon work done at home on materials supplied by merchant employers
the most important city or town of a country or region, usually its seat of government and administrative center.
Entrepreneur
a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Spinning Jenny
Cotton spinning, The machine used eight spindles onto which the thread was spun, so by turning a single wheel, the operator could now spin eight threads at once.
Steam engine
the prime mover in pumps, locomotives, steam ships, traction engines, steam lorries and other road vehicles,
Cotton mills
houses spinning or weaving machinery for the production of yarn or cloth from cotton,
Textile factory
transform a basic fiber (natural or synthetic) into a product, such as yarn or fabric
Child Labor
work that is mentally, physically, socially or morally dangerous and harmful to children; and interferes with their schooling:
Union(labor union)
work together to negotiate and enforce a contract with management
Adam smith
An Inquiry into the Nature and Causes of the Wealth of Nations, known for single work
Socialism
a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Communism
a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
Proletariat
workers or working-class people, regarded collectively (often used with reference to Marxism).
Boycott
withdraw from commercial or social relations with (a country, organization, or person) as a punishment or protest.
Assembly line
manufacturing systems in which work-in-progress moves from station to station in a sequential fashion