Ch. 9 Industrial Revolution Review

Great Britain encouraged lots of other countries to industrialize.

In communism, everyone would share the factors of production and social classes would not exist

Which of the following is not a positive effect of the Industrial Revolution?

The practice of fencing or enclosing common lands into individual holdings

Who invented the spinning jenny?

An association of workers that plans actions and coordinates demands for workers

Economic system based on supply, demand, and competition (we have this in the USA)

A bargaining method involving the refusal of workers to work until their demands have been met

In capitalism the govt should promote the greatest good for the greatest #of ppl in the country

The United States was successful at industrialization was because it had many natural resources

Corporation is a business owned by stockholders who share in $$ but not responsible for debts

Economic and political system in which the government owns all of the means of production

Which of the following economic systems is based on private investment for the individual gain?

Robert Owens wrote Wealth of Nations.

William Wilberforce is known for leading the 19th century fight to

Why did small farmers begin moving to cities in the late 1700’s?

Industrialization helped close the gap between industrialized and non-industrialized countries

Which of the following was written by Karl Marx and Friedrich Engels?

The movement of people from rural areas to the cities

The term (words) for changes in the 1800s brought about by new inventions

Which of the following was not one of Britain’s major industrialization advantages?

What natural resource was most used to power machines in the First Industrial Revolution?

Who wrote the book the Wealth of Nations?

The man who invented the steam engine so that it could be used in factories and other places

Which of the following is not a factor of production needed to produce goods and services?

In communism the govt allows private ownership of the major industries to ensure competition.

The basic resources necessary for production

In England, the Industrial Revolution began in the textile industry.

Karl Marx believed the two classes that developed bc of capitalism were the haves and have nots

An entrepreneur is a type of?