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| ready supply of money, also can refer to factories and machines |
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| wealthy people interested in finding new business opportunities and new ways to make profits |
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| doing tasks at home to make money, related to the textile industry, people made thread and wove cloth in their homes, also known as Domestic Industry or "putting out" system |
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| a new way to make iron, it involved using coke, which is derived from coal, to burn away impurities in crude iron to produce high quality iron |
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| an economic system based on industrial production, which produced a new middle-class: the industrial middle-class |
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| a system in which society, usually in the form of government, owns and controls the means of production--natural resources, factories, and so forth |
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| Scottish engineer who improved the steam engine in the 1760s by enabling it to drive machinery |
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| built the first paddle-wheel steamboat, the Clermont, in 1807 |
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| British economist who published An Essay on the Principle of Population in 1798, that concluded that poverty was unavoidable because the population was increasing faster than the food supply. |
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| British economist whose "Iron Law of Wages" pointed out that wage increases were futile because when wages are high families have more children. |
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| invented a machine called a cotton gin in 1793 that separated the seeds from the raw cotton at a fast rate. |
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| private roads built by entrepreneurs who charged travelers a small toll, or fee, to travel on them |
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| English city on the west coast that was a major port and industrial center |
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| English city that was an early industrial center and with Liverpool the location of the world's first major railroad line. |
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