Vocab
Complex job broken down into tiny tasks; new job requires minimal skills, minimal pay, and workers are easily replaced
SPECIALIZATION OF LABOR
Domestic or Factory System:
Highly-skilled workers
Worked at home
Domestic
Out of the three groups listed who is paid the least? Men, Women, Children
Children
Parts of a machine that can be swapped out and easily replaced if broken; allowed rapid assembly of machines
INTERCHANGEABLE PARTS
what is the name of the main character in Skyrim
Dovahkiin "Dragonborn"
High volume, low-cost manufacturing process; requires mass consumption
MASS PRODUCTION
Domestic or Factory system:
Hand-made products
Slow-pace
Limited production (high cost)
Domestic
Why did many working-class families send their children to work in factories?
These families depended on the earnings of all their members to get by.
Innovated cotton gin and interchangeable parts; fueled textile boom and contributed to growth of slavery
Eli Whitney
In Season 4 of Fortnite, what happened to Dusty Depot?
Carries a product on a conveyer belt, each worker completes a small task on the product; allows mass production at minimal cost
ASSEMBLY LINE
System developed by Adam Smith where the market makes economic changes instead of the government
capitalism
when a government is hands-off with the economy or “leave it alone”; government does not interfere with business
LAISSEZ-FAIRE
When one company exercises complete control of a product; consequence of capitalism; ex. Standard Oil, Microsoft
MONOPOLY
What song won the award for best song of the year at the 2020 Grammys?
Bad Guy Billie Eilish & FINNEAS
Process of a rural area becoming a city; when it happens rapidly, living conditions are appalling
URBANIZATION
System developed by Karl Marx as a critique of capitalism, based on the idea of having the government control business and redistribution of resources
Socialism
Daily Double: Developed theory of “socialism”; exposed flaws of capitalism - alienating work, expendable jobs, inequality, instability and competitiveness
KARL MARX
What was the first country to industrialize?
According to folklore, what’s a leprechaun’s occupation?
Shoemaker
Group of workers that team together to negotiate with owners; biggest weapon is the ability to strike
LABOR UNION
CONSEQUENCES:
End of “common land” for peasants
Hedges and fences
Peasants pushed into cities
Food surplus = increased population
Enclosure Acts/ Movement
The following are the effects of what?
Bad living conditions, overcrowded
Pollution
Public health epidemics
Urbanization
How did corporations help lower risk for business owners?
allowed investors to pool money and lighten risks
Who is this person: Born in West Reading, Pennsylvania, on December 13, 1989, starred in movies like The Giver, Cats, and The Lorax, Went to Wyomissing Area High School
Taylor Swift