Vocab
what does proletarian mean?
A worker
Was marx a Capitalist or a Socailist
Socialist
What did kids do?
They worked in horrible conditions.
Which was the most poor class called?
Working class
Which class was Adam Smith?
Rich class.
What is an Economy
The Way a country manages its money
Did he like capitalism?Explain why.
No, because he thought that it would increase unemployment.
What were the main people that had to work with little pay.
children and women
What were the 3 classes
working class middle class and high class
What was Adam Smith's idea?
to have free trade
What is Socialism?
An economic system in which major industries are owned by regulated by the government rather than by private businesses.
What did Marx believe was most important
Wealth and property.
Why were children more wanted
Because they could do what adults did better
Which class had had the biggest population
Working Class
What did Adam Smith write about
Division of labor
What is the welfare system
a series of government programs that help poor or unemployed people meet their basic needs, such as food and housing.
What did Karl marx describe as the haves and the have nots
haves- richer people have nots- poor people
What was the machine that had a wheel that spinned many threads at once.
spinning Jenny
from what age did kids have to stop work and go to school
7-14
How was Great Britain's economy when Adam Smith was born
Really good.