Industrial Revolution Vocabulary

leaders who used their business skills to change the way Americans lived and made money

a factory where machines spin thread and make cloth

a type of big business

a rich person who tries to get land, business or more money in a way that is dishonest or wrong

a person who starts a business and is willing to risk loss in order to make money

type of economic system that allows people to own businesses and keep the $ businesses earn.

a cheap fast way to make steel

a place where oil is cleaned and turned into other products

a quick change in an economy started by an important change in the types and use of machines

money that is used to earn more money/property/assets

two or more people forming and owning a business together

the wealth and resources of a country or region

a material found in nature that can be used by people; iron, coal, water and trees

a company that controls an entire industry