Industrial Revolution #1
The country where the Industrial Revolution began.
What is England
What are the two "main ingredients" of the Industrial Revolution
What are coal and iron ore
This is the economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
What is Socialism
This man greatly improved the steam engine
Who is James Watt
This group of people was often seen in Industrial Revolution-era factories but is no longer seen
Who are children
This man mechanized every step in the textile-making process and has a city in Massachusetts named after him
Who is Francis Cabot Lowell
This is a small portion of a company that is made for sale to limit risk for an investor
What is a stock
This event in Ireland was a major factor in increased immigration to the United States
What is the Irish Potato Famine
This Englishmen wrote "The Wealth of Nations" and is considered by many to be the father of Capitalism
Who is Adam Smith
This economic market system is seen in nations such as the United States
What is a Mixed Market
This is the policy of a stronger nation to attempt to create an empire by dominating weaker nations economically, politically, culturally, or militarily
What is Imperialism
These groups formed following the exploitation of workers in industrializing countries
What are Labor Unions
This term describes the shift of population from rural to urban
What is Urbanization
These are the two most important reasons railroads were important
What is gave people a way to move around and helped factory owners a way to move their goods
This German-born author wrote "Das Kapital" and "The Communist Manifesto
Who is Karl Marx
How people made goods before the Industrial Revolution
What is by hand
Burning this made water become steam
What is coal
This term describes the end goal of Socialism where a classless society emerges
What is Communism
This group of people was highly recruited to work in the emerging American textile industry
Who are single women
The number of current countries that are Communist
What is 0
How people made goods after the industrial revolution
What is with machines
Where was a majority of the cotton used by British textile mills sourced from?
What is India
Entrepreneur nicknamed "The Traitor" by the English
Who is Samuel Slater
These are the two groups Marx divided the world into
What are the Bourgeoisie vs. Proletariat