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Industrialization
1. Urbanization- city building and the movement of people to cities
Middle class- made up of skilled workers, professionals, businesspeople, and wealthy
farmers
2. The change in social classes because the people now had more jobs and moved
up
3. Because there was more work available in those areas
4. The middle class expanded
5. Diseases spread easier, more child labor, the river was poisoned from pollution
Industrialization spreads
1. Stock- certain right of ownership to a business
Corporation- business owned by stockholders, they earn profit but aren't in the
company's debt
2. Development of the industrial revolution
3. Textile industry, shoemaking cloth manufacturing
4. rich deposits of iron ore and coal, waterways for transportation, British skilled
workers
5. Increased competition around the world, gave some workers more money but
also took money and resources from less developed countries