1 min read•october 3, 2023
📖 AMSCO p.297 - p.303
Term | Definition + Significance |
Industrial Revolution | The transition from a predominantly agricultural economy to one characterized by industrial and mechanical manufacturing |
Industrialization | Increased mechanization of production |
Agricultural revolution | A specific period in human civilization where farming techniques drastically improved |
Division of labor | Different tasks in the assembly line are assigned to different people |
Specialization of labor | The ability for individuals to become really good at one specific task due to repetition on an assembly line |
Enclosure movement | A policy where the government fenced off public government property used by farmers in order to give it to people who paid for the land |
Capital | Money available to invest in businesses |
Raw materials | Materials used in the primary production of manufactured goods |
1 min read•october 3, 2023
📖 AMSCO p.297 - p.303
Term | Definition + Significance |
Industrial Revolution | The transition from a predominantly agricultural economy to one characterized by industrial and mechanical manufacturing |
Industrialization | Increased mechanization of production |
Agricultural revolution | A specific period in human civilization where farming techniques drastically improved |
Division of labor | Different tasks in the assembly line are assigned to different people |
Specialization of labor | The ability for individuals to become really good at one specific task due to repetition on an assembly line |
Enclosure movement | A policy where the government fenced off public government property used by farmers in order to give it to people who paid for the land |
Capital | Money available to invest in businesses |
Raw materials | Materials used in the primary production of manufactured goods |
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