People
Who is Adam Smith?
This cause of the Industrial Revolution had an influx of inventions to help with farming.
What is the Agricultural Revolution?
This movement aimed to create a perfect society.
What is utopianism?
This social class was not wealthy, but was not poor either.
What is the middle class?
This is everything you need to make money for a business. It includes labor, capital, and land.
What are factors of production?
This man wrote The Communist Manifesto and popularized the concept of communism.
Who is Karl Marx?
This industry was the first to industrialize.
What is the textile industry?
This economic philosophy called for a free market.
What is capitalism?
This type of transportation was revolutionized by George Stephenson's Rocket.
What are railroads/trains?
This is a group of workers who negotiate for better conditions and wages.
What are labor unions?
This person was a reformer for education.
Who is Horace Mann?
This philosophy aimed to create the greatest good for the greatest number of people.
What is utilitarianism?
This happened as a result of the Industrial Rev; people flocked to cities which led to the growth of urban areas.
What is urbanization?
This occurred as a result of industrialization. A gap begins to grow between industrialized countries (who got wealthier) and non-industrialized countries (who got poorer).
What is global inequality?
This person wrote On Liberty and was a proponent for utilitarianism
Who is John Stuart Mill?
England got to industrialize first because they had this, meaning they had no wars and Parliament encouraged business.
What is political stability.
French phrase for "let the people do what they want"; in the context of capitalism, this means the government should not interfere in the economy.
What is laissez faire?
This disease happened often to workers in textile factories: lint would stick to your lungs as you breathed.
What is white lung?
This economic system has factors of production owned by the government and operated for the welfare of society.
What is socialism?
This person organizes, manages, and takes on the risks of a business.
What is an entrepreneur?
Robert Fulton's "Clermont" was a boat that utilized this innovation.
What is the steam engine?
In this economic system, individuals and businesses own property and the means of production.
What is capitalism?
Name one way industrialization changed working conditions
Negative: exploited workers, dangerous working environments, child labor
Reforms: Limited child labor, 10 hour workdays, safer working conditions, no women/children in mines.
This is the process of developing the machine production of goods.
What is industrialization?