Inventor of the Cotton Gin
Eli Whitney
"Workers of the World, Unite!" and Command Economy are commonly associated with what Ideology?
Communism
Economic term where the production and distribution of goods and services are guided by supply and demand. Argues for NO government involvement.
Laissez-Faire economy
Organization of workers coming together to protect and expand worker rights for things like working hours, conditions, and wages.
Labor Union
Country in Africa that successfully fought off European Colonial efforts
Ethiopia
Developed Smallpox Vaccine
Edward Jenner
Belief that people with common traditions and values (like language and culture), should unite as a nation and control their own country.
Nationalism
In the law of supply and demand, this occurs when the demand for a good exceeds the supply available, causing a price surge.
Shortage
Apartment complexes for workers and their families that emerged during Industrial Revolution that were extremely crowded and unsanitary.
Tenements
Conference where Europeans met to divide up Africa
The Berlin Conference
Inventor of Steam Engine
James Watt
Ideology associated with the idea of "Equal Opportunity." These people believe the market alone should control the economy.
Capitalism/Capitalist.
Economic idea commonly associated with Authoritarian governments where the government controls every aspect of the economy.
Command Economy
Karl Marx's terms for the rich employers and poor workers in an industrial society
1. Rich employers "haves"
2. Poor workers "Have nots"
1. Bourgeoisie
2. Proletarian/Proletariat
Form of Imperialism where territory is directly governed by foreign power.
Colony
Inventor of Spinning Jenny
James Hargreaves
Ideology that emerged to narrow the gap between the rich and the poor through reform. Want to tax the rich to redistribute to the poor.
Socialism
Within the law of supply and demand, this occurs when quantity supplied equals the quantity demanded
Equilibrium Price
What member/s of the family household usually worked in the factory?
A: Father
B: Mother
C: Children
All of the above: A, B, and C.
Form of Imperialism where the territory retains limited autonomy but is subservient to a foreign power for certain aspects like foreign relations and trade.
Protectorate
Discovered Bacteria
Louis Pasteur
Term associated with extremes of the Political spectrum (Communism and Fascism). To achieve power these people often want Violent Revolution
Radicalism
Adam Smith wrote this book in 1776, considered the birth of the modern theory of economics
The Wealth of Nations
Upton Sinclair and Jacob Riis are associated with this term that relates to investigative journalists who played a crucial role in exposing harsh working, living, and social conditions for the lower-class workers during the industrial era.
muckrakers.
Form of Imperialism where a foreign power has significant influence on a local government/territory, but they are still independent.
Sphere of Influence