Terms & Names
• 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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