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Chapter 10 Vocabulary
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Industrial Revolution –
The change from an agrarian society to one based on industry in the early 1800s
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Capitalism – Economic system in which the means of production and distribution is privately owned
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Capital – Money for investment
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Free Enterprise - The freedom of private businesses to operate competitively for profit with minimal government regulation
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Technology – Application of scientific discoveries to practical use
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Patent – A document that gives an inventor the sole legal right to an invention for a period of time
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Factory System – System of bringing manufacturing steps together in 1 place to increase efficiency and cut costs
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Interchangeable Parts –
Uniform pieces that can be made in large quantities to replace other identical pieces
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Census – Official count of the population
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Turnpike – A road you must pay to use
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Canal – An artificial waterway
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Lock – In a canal, am enclosure with gates at each end used in raising and lowering boats as they pass from level to level
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Disarmament – Removal of weapons
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Demilitarize – To remove armed forces from an area
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Court-martial – Trial by a military court
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