Do you have a charger?
Define the industrial revolution.
Machines and new inventions were created to make human life easier
Where did most people move during the industrial revolution?
Into cities.
What country did the industrial revolution begin in?
Where was the game of football (soccer) invented.
What is England
What percentage of people own and control 90%> of all resources?
What are the 1-10>
If the cost of producing goods increases significantly due to higher raw material prices, what is the likely effect on consumer prices?
Prices will increase!
True or False: In a capitalist country people earn resources (money) based on supply/demand, wealth, and ownership
True
Fill in the blank:
Men were expected to be _________________ of a family after the industrial revolution
What is breadwinner or head of household
Who would break up Unions and strikes from workers and laborers?
Who are the police?
What are the three things needed to properly industrialize?
What are Land, Labor, and Capital (wealth)
Shadow Economies and Illegal activities benefit the GDP
True or False?
False
True or False: In the early stages of The Industrial Revolution people began to live longer, less children died for sickness, however overall living conditions became worse.
True.
True or False:
Wealth Redistribution is a core philosophy of Communism
Middle and Upper Class women were expected to become ____________ during the industrial revolution.
True or False:
Socialism allows for people to spend money as they please and creates massive amounts of private wealth
False
What did Eli Whitney inadvertently cause by creating the cotton gin?
Increase in slaves needed.
Name one of the men that wrote the Communist Manifesto
Karl Marx and Fredrich Engels
The supply of cotton is high! therefore, the demand will most likely _______________ and the price, due to the high supply will _____________
The demand will increase and the price will decrease
Motive for Profit is a key for Capitalism or Socialism
What is Capitalism
What did Karl Marx call the owners and or capitalist class?
What are the Bourgeoisie?
Who are the proletariat and what percentage of them are there?
What are working class people?
What was the name of the natural resource the Great Britain had that helped start the Industrial Revolution in their country?
What is Coal?
What is a strategy workers use if they want to improve working conditions?
What did Karl Marx and Friedreich Engels predict the proletariat would eventually do?
They would start communist revolutions to combat the 1% ownership of all resources and share it with the people.