Where did the Industrial Revolution begin?
Britain
Laissez-Faire is the belief that economies and businesses function best when there is no interference by the government.
What railroad travels around the bulk of the United States? (Excluding Hawaii and Alaska)
The Transcontinental Railroad
What was the first labor union in history?
National Labor Union
What is Capitalism?
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
The Industrial Revolution is divided into two parts, what is the name of the first half of the Industrial Revolution?
Agricultural Revolution
Why was Child Labor commonly used in Great Britain?
Due to large amounts of children within the population, children were easily exploited for being blindly obedient, more energetic, and more abundant especially after the first industrial revolution.
Who created the world's first steam-powered locomotive?
Matthew Murray
Who founded the first labor union in history?
William H. Sylvis
What is Socialism?
a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.
Increased Population Size
Demand for New Industries
Increase in Food Supply
What may have been some common jobs for children during the Industrial Revolution?
Scarecrow
Chimney Cleaner
Textile Mill Worker
Miner
In what century did Urbanization start?
1800
Why did the NLU disband?
The NLU was dissolved in 1873 because they were unable to shorten the workday to 8 hours.
Utilitarianism
the doctrine that an action is right insofar as it promotes happiness, and that the greatest happiness of the greatest number should be the guiding principle of conduc
What resources made it possible for Britain to Industrialize quicker than any other country?
water power and coal to fuel the new machines
iron ore to construct machines, tools, and buildings
rivers for inland transportation
harbors from which merchant ships set sail
How did Laissez-Faire Economics impact the Industrial Revolution?
Laissez Faire economics created a competitive market that acted as incentive for people to industrialize and create new technology. While some inventors may have been motivated to help others, other inventors may have been more motivated to create for economic gain. Laissez Faire economics caused the economy to grow.
Explain why crime rates were so high in urban environments.
Due to larger populations people believed they could get away with more than that could in smaller environments, the larger populations also made it harder to control citizens.
When was the NLU founded?
1866
Who wrote a book on Utilitarianism?
John Stuart Mills
What country came out on top at the end of the first Industrial Revolution. Why?
America,
America had a diverse economy and had many products that other countries in the world desired. In addition, during the second industrial revolution, many people came to the new land to escape from their oppressive lifestyles and to receive funding for their new ideas, establishing markets in a country with no markets to begin with.
How does Laissez-Faire Economics negatively impact economies?
Businesses may engage in risky behavior that will lead to future economic problems.
Government may be slow to respond to a crisis in business (ex: stock market crash or Great Depression).
How did railroads & trains change socially, politically, and economically?
Socially-Allowed for faster travel and better communication over longer distances
Politically--Allowed Presidents to utilize to get in touch with people as they campaign.
Economically--Allowed Businesses to expand trade and cities to expand products allowing for a more diverse economy.
What labor union began as a secret society started by Uriah Stephens in 1869 and advocated for limits on immigration, restrictions on child labor, and government ownership of railroads,telegraphs, and telephones.
Knights of Labor
Who was John Stuart Mills apprentice?
Jeremy Bentham