What did the factory owners need to make the machines work
What is workers
3 Natural Resources
What is coal, iron ore and rivers
The refusal to work until working conditions improved
What is a strike?
Capital
What is money used to make more money
The most abused workers during the Industrial Revolution
Who are children?
What theory believes in distributing wealth to the poor?
Socialism.
The amount of hours that people worked in factories and how many days
What is 12 hours a day, 6 days a week?
Describe Communism
No private property – all means of
production controlled by the people
All goods & services shared equally
No class distinctions
Burning this made water become steam
What is coal?
2 reasons why railroads were important
What is gave people a way to move around and helped factory owners a way to move their goods
Explain the Invisible Hand
markets can lead to beneficial outcomes for society, even when individuals are acting in their own self-interest