England: Sparks of Preparation
Crusades
Attempts to free the holy land from the muslims.
Free-enterprise system
Businesses competing for profit without undue government intervention.
Industrial revolution
Change from hand power to machine power.
Cotten Gin
Eli Whitney
Middle ages
European history-from Rome's fall to the Renaissance.
The basic component a nation does not need to become industrialized is:
Fertile soil.
The blast furnace:
Has great quantities of air forced throughout.
Profit motive
Investing at a risk for financial gain.
Coke, an essential improvement in the Iron industry:
Is coal with certain impurities removed.
Spinning Jenny
James Hargreaves
Printing press
John Gutenberg
Flying shuttle
John Kay
The industrial Revolution needed:
Many new inventions.
Industrialism
Social organization in which industries, especially large scale ones, are dominant.
Patterns monasteries established for helping industry included:
Strict discipline, specific work responsibilities.
Steel is Iron:
That has certain minerals added.
Capitalism
The economic system charaterized by private ownership and distribution of goods competitively in a free market.
Free Enterprise
The freedom of private business to operate for profit competitively and without undue government intervention.
Sequestered
Withdrawn or secluded.
