Industrial Revolution Vocabulary

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1.
an area that is sealed off with an artificial or natural barrier.
2.
extract (metal) from its ore by a process involving heating and melting
3.
wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
4.
a business or company.
5.
the process of making an area more urban.
6.
a room or a set of rooms forming a separate residence within a house or block of apartments.
7.
an organized group of workers (a labor union) joining forces to collectively bargain for better wages, benefits, and conditions
8.
an economic and political system advocating for social (collective or governmental) ownership and democratic control of the means of production
9.
political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.
10.
workers or working-class people, regarded collectively (often used with reference to Marxism).
11.
a series of workers and machines in a factory by which a succession of identical items is progressively assembled.
12.
a significant, widespread downturn in economic activity, marked by declines in income, employment, production, and sales, lasting more than a few months
13.
the amount by which something, especially a sum of money, is too small.