New Stuff
Invented by James Naysmith used to flatten hot iron
The Steam Hammer
Production made by hand in workshops
Artisinal
Money used to invest in businesses
Capital
Members of this class often lived in wealthy homes with servants
Business Class (bourgeousie)
Average number of hours people worked a day
14-16hrs
Invented by James Watt
Steam Engine
A building where goods are manufactured aided by machinery
Factory
Ideology that believes in the elimation of social classes
Why employers often paid very little to their employees
To increase their profit
Social class made up of very poor families who worked in the factories
Working Class
Machine used in the textile industry. Invented by Samuel Crompton
Spinning Mule
Improvement in agriculture where you do not leave the ground fallow (unplanted)
Crop Rotation
Place where you can buy or sell shares of a company
Stock Exchange
Groups formed to demand better working conditions
Unions
Titanic is an example of what invention
Steamship
Mixing Iron and Coal makes
Steel
Law that permitted wealthy people to restrict access to farmland
Enclosure Act
Ideology invented by Adam Smith
Capitalism
Methods used to negotiate with employers
Strike/Protest
Law that restricts children from working in factories
Factory Act
The Rocket
Consequence of increased crop production
Population growth
How banks make money
Charging Interest
How did the state intervene in favor of the workers
Passed laws to improve living conditions
This became compulsory in Canada in 1871
Elementary School