Vocab by Maerinn Fraser

Productivity

27fraserm — 2024-01-02 18:09:01 UTC

the state or quality of producing something

Mass Productivity

27fraserm — 2024-01-02 18:12:06 UTC

making many copies or things to sell very quickly.

Monopoly

27fraserm — 2024-01-02 18:14:12 UTC

The gripping control of the supply of or trade in an industry or service.

Industrialization.

27fraserm — 2024-01-02 18:15:36 UTC

the development of industries in a country or region on a wide scale.

Textile

27fraserm — 2024-01-02 18:17:39 UTC

a type of cloth or woven fabric.

Urbanization

27fraserm — 2024-01-02 18:20:25 UTC

the process of making an area more urban.

Tenement

27fraserm — 2024-01-02 18:22:43 UTC

a room or a set of rooms forming a separate residence within a house or block of apartment, or a piece of land owned by someone.

Spinning Jenny

27fraserm — 2024-01-02 18:25:45 UTC

A really really really old cousin of the loom. Used to spin wool or cotton.

Commodity

27fraserm — 2024-01-02 18:26:51 UTC

a raw material or primary agricultural product that can be bought and sold

Raw Materials

27fraserm — 2024-01-02 18:28:35 UTC

Basic material which can be made into new stuff.

Steam Engine

27fraserm — 2024-01-02 18:30:08 UTC

an engine that uses the expansion or rapid condensation of steam to generate power.

Entreprenuer

27fraserm — 2024-01-02 18:31:53 UTC

a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Standard of Living

27fraserm — 2024-01-02 18:32:40 UTC

the degree of wealth and material comfort available to a person or community.

Strike

27fraserm — 2024-01-02 18:34:32 UTC

a refusal to work organized by a body of employees as a form of protest, typically in an attempt to gain a want or more pay or privileges from their employer.

Factors of Production

27fraserm — 2024-01-02 18:39:00 UTC

There are four factors of production—land, labor, capital, and entrepreneurship.

Urban

27fraserm — 2024-01-02 18:39:57 UTC

In the city!

Rural

27fraserm — 2024-01-02 18:41:13 UTC

In the country.

Capitalism

27fraserm — 2024-01-02 18:42:22 UTC

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

Assembly Line

27fraserm — 2024-01-02 18:43:40 UTC

an economic and political system in which a country's trade and industry are controlled by private owners for profit.

Agricultural Revolution

27fraserm — 2024-01-02 18:44:53 UTC

An agricultural revolution definition outlines specific periods in human civilization when farming techniques drastically improved the mass cultivation of crops within a relatively short period of time.