Vocab
the planting of different crops in a rotation to not drain the soil of nutrients
crop rotation
private
What is the capital of Britain?
What is London?
The author to the book The Wealth of Nations (1776) which proposed the idea of a free economy and market.
Who is Adam Smith?
What High School did Mr. Dugenet graduate from?
What is Mead?
The elimination of the Commons and the fencing off of public lands for private ownership and cultivation.
Enclosure Movement
Socialism involves the _____________ ownership of the means of production
public
Who was allowed to work in the factory during the Industrial Revolution?
Everyone, but women and children were paid significantly less than men.
What is the term for "an economic system in which factor of production are privately owned and money is invested in business ventures to make a profit"?
What is Capitalism?
What is Mr. Dugenet's favorite animal?
What is the meercat?
the process of developing machine production of goods and required a lot of natural resources. So, naturally, Britain!
industrialization
Means of Production
This includes tools, machines, factories, land, and resources. Basically, it's everything needed to produce stuff that people buy and use.
According to a British Government study done in 1842, what was the average life span of a person in the working class?
17 years in a large city
It is a French term for "let people do as they please"
What is the term "Laissez faire"?
What is the longest flight Mr. Dugenet has been on?
What is 14 hours?
a person who organizes, manages, and takes on the risks of a business. Like Matthew Boulton. Or Bill Gates.
entrepreneur
Wrote the Wealth of Nations and considered to be the god father of modern capitalism.
Adam Smith
What was the average workday for a laborer during the Industrial Revolution?
14 hours a day, 6 days a week
Who smuggled industrial trade secrets out of Britain in 1789?
Samuel Slater
What is Mr. Dugenet's favorite film genre?
What is super duper spooky?
this is a social class made up of skilled workers, professionals, business people, and wealthy farmers that came about because of the industrial revolution
middle class
Reasons why people would be supportive of capitalism
Economic growth, more jobs, wealth and investment, individual opportunity, less government control, cheaper goods, global trade.
The first railroad was built where?
England (ran from Yorkshire to the port of Stockton)
The most good for the most people
Utilitarianism
How long does it take Mr. Dugenet to run a mile?
What is four minutes and thirty seconds?
Refers to city building and the migration of people to the cities.
urbanization
Reasons why people would support socialism during the age of the Industrial Revolution
Fair wages, worker rights, less poverty, government support, equality, public services, shared resources.
A group of workers, called this, rioted and destroyed factories and machinery in northern England in 1811.
Who are the Luddites?
Complete socialism where all the means of production are publicly owned.
Communism
Who plays donkey in Shrek?
Eddie Murphy