Tuesday, November 2, 2010

HW#19

Industrial Revolution- The greatly increased output of machine-made goods that began in England during the 18th century.
Enclosure- Large fields enclosed with fences or hedges that was cultivated using new seeding and harvesting methods.
Crop rotation- Process by which different crops are planted each year in the same field.
Industrialization- Process of developing machine production of goods.
Factors of production- The resources needed to produce goods and services.
Factory- Large buildings where wealthy textile merchants set up machines that made thread.
Entrepreneur- A person who organizes, manages, and takes on the risks of a business.

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