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Industrial Revolution (Inventions (Spinning Jenny- This was an early…

- - - - Automation- This is how people had control of equipment.
        
        Canal- This is a strip of water that boats and ships go in that is like a water elevator.
        
        Cotton Gin- This is a machine that was used to pick the seeds out of the cotton that they would then use for other things.
        
        Industrialization- This was the development of a commercial enterprise.
        
        Invention- This is the act of inventing something new that does not already exist.
        
        Locomotive- This was a vehicle that was self propelled.
        
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- - - - Henry Ford- He created the first automobile.
        
        Immigrant- This is a person who enters a country other than there own undocumented.
        
        James Watt- He was Scottish and he invented the steam engine.
        
        John D. Rockefeller- He was in the United States and he made a lot of money when he was in the oil industry.
        
        Karl Max- He was the founder of what we know know as communism.
        
        Laborer- This is a person that works and does the labor.
        
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- - - - Consumer goods- These are goods that are intended for direct use.
        
        Corporation- This is a business firm that is recognized by the law as a single body.
        
        Cottage industry- This is a business option that people can do at there homes if they have the right equipment.
        
        Economy of scales- This is how much you save in the process of mass production.
        
        Free Enterprise- This is an economy that relies on the market.
        
        Industrial Revolution- This was when the industry was bumped up and a lot of thing were being invented
        
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- - - - Competition- This is when two businesses try to gain the most customers.
        
        Demand- This is the desire and the ability to buy goods.
        
        Enclosure- This is a closed off space that can be used for anything.
        
        Factory- This is a place where inventions and products can be produced.
        
        Industry- This is the action o making goods and services to sell.
        
        Infrastructure- These are the basic things that are needed to help a county functioning.
        
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