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Question
define each vocabulary term below.
8 wealth gap
9 demographic transition
10 industrial revolution
Brief Explanations
- Wealth gap: Refers to the unequal distribution of assets, income, and resources between different groups (such as social classes, demographic groups, or nations).
- Demographic transition: A historical shift in population patterns, marked by a move from high birth and death rates to low birth and death rates, typically tied to economic and social development.
- Industrial Revolution: A period of major technological, economic, and social change starting in the late 18th century, where societies shifted from agrarian, handcraft-based economies to industrial, machine-driven production systems, originating in Britain.
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- Wealth gap: The unequal distribution of wealth between groups.
- Demographic transition: Shift in population birth/death rate patterns.
- Industrial Revolution: 18th-century shift to machine-based industrial production.