England: Fires of Continuation
Capitalist
A person who has capital invested in business, and one who engages in free enterprise.
Steam engine
Able to power the machines; more versatile use of power.
Stockholders in large businesses:
Became part owners, received a share of the profits, lost when the company lost.
Fulton and Stephenson developed steam locomotives.
False
The following groups of people became factory workers:
Farmers, women and children, skilled artisans.
Steam locomotive
Faster and safer that road travel; could carry freight overland.
Improved road building
Made road travel safer, more enjoyable, with fewer delays.
Steam ship
Not having to rely on wind power provided quicker distribution of goods.
The factory worker bore the brunt of the factory system through the stifling of his:
Self-worth, creativity, dignity.
Before the industrial Revolution, craftsmen:
Set their own hours, usually ran their business at home.
Stockholder
Someone who has purchased stock, also known as a shareholder.
Positive advantages of the machine age were:
Supplied jobs, improved economy, increased productivity.
Capital
The amount of property or money available for use in business.
Aristocracy
The small privileged class of nobility or the very wealthy.
Early factories were located by rivers so they could operate by water power.
True
Newcomen and Watt made improvements in the steam engine.
True