Technology
What do we call the tools and machines that help us do work?
Technology
What is the name of the system where people can own businesses and make money?
capitalism
What big change happened about 200 years ago that changed how things were made?
Industrial Revolution
What do we call the way countries trade and work together?
The global economy
What is one way people moved goods before cars?
trains and boats
Name one important area where technology improved during the Industrial Revolution.
transportation
What is one benefit of capitalism?
people can make their own choices
Name one type of product that was made more easily during the Industrial Revolution.
clothing, tools household items were made individually by hand
Name one reason why the global economy grew
One reason is improvements in technology
What kind of roads became more common after World War 2?
highways
What kind of power replaced sail power in ships?
steam power
What are goods?
items that we buy and sell
What helped people move goods faster during the Industrial Revolution?
railways or canals
How many years have people been growing the global economy?
it is about 200 to 300 years
What did steam power help improve?
it is shipping
True or False: The Industrial Revolution is over.
False
Why do people start businesses in a capitalist economy?
to make a profit
How did the Industrial Revolution change jobs?
More people worked in factories instead of farms?
What is one question we ask about the growth of the global economy?
who benefits from it
What did the expansion of railways create?
it is better land transport
Who wrote about the idea of a 'permanent technological revolution'?
Bowles, Edwards, and Roosevelt
What do we call the money needed to start a business?
capital
What do we call the ongoing changes in technology since the Industrial Revolution?
The permanent technological revolution
What might happen if the global economy does not grow?
fewer jobs or less money for people
How did transportation improvements help cities grow?
by making it easier for people to get to work