Key Figures
This Scottish inventor improved the steam engine, helping power factories and transportation. He created the idea of "Horsepower" and his name is also a measurement for power.
Who is James Watt?
Goods made in factories instead of homes.
What is the Factory System?
The Spinning Jenny allowed faster production of this material.
What is thread or yarn?
What are the negative effects of the Industrial Revolution?
Cons include child labor, pollution, and unsafe working conditions.
He invented the cotton gin and introduced interchangeable parts, speeding up production.
Who is Eli Whitney?
Private businesses run for profit.
What is Capitalism?
The Power Loom improved production of this textile
What is cloth?
This economist wrote The Wealth of Nations, shaping capitalism.
Who is Adam Smith?
He built a huge steel industry in the U.S., making steel widely available.
Who is Andrew Carnegie?
People moving to cities for jobs.
What is Urbanization?
This invention powered factories and trains during the Industrial Revolution.
What is the steam engine?
He criticized capitalism and influenced socialism and communism.
Who is Karl Marx?
He controlled the oil industry and created a monopoly in the U.S.
Who is John D. Rockefeller?
The period when machines changed production.
What is the Industrial Revolution?
These improved transportation and shipping across long distances.
What are railroads?
The Spinning Jenny and Power Loom impacted this industry.
What is the textile industry?
He expanded railroads and shipping, making transportation faster.
Who is Cornelius Vanderbilt?
Shared ownership of property to promote equality.
What is Socialism?
Pros include better transportation, more goods, and lower prices.What are the positive effects of the Industrial Revolution?
Pros include better transportation, more goods, and lower prices.
Capitalism - free market
Socialism - government regulates some parts of the market
Communism - government distributes wealth