Industrial Revolution

Matching: Organized group of workers in same industry

Free time which increased because of industrialization

Money available for investment

Created by J. Watt to meet increasing need for power

Person who finds new business opportunities and use new ideas to create profits

The working class

Wealthy industrialists joined the previously wealthy to form this

Wealthy landlords began fencing in pastures

Migration from rural areas to cities

Hands off approach taken by gov't towards the economy

Law that limited child labor in the textile industry

Which of the following best explains the Law of Supply and Demand?

Form of government where government owns and controls means of production

The economic development of the US  produced the results of the graph. What is the trend?

Allowed production of better, cheaper steel

Matching: Inefficient method of production using different houses for different uses

Which is an economic policy where the government does not interfere with business

Which of the following did NOT occur because of the rise of mass society?

Between the late 1700s and the mid 1800s, many cities appeared because of...

Wrote the Communist Manifesto, "founded "socialism

The purpose of a strike is

Right of unions to negotiate better working conditions with employers

The main cause of growth in population during the Industrial Revolution was

Method of production creating more efficient mass production of goods

Economic system based on production and manufacturing

Production of goods in large quantities usually by machines

Which of the following is NOT a factor of production?

Which statement best describes the rise of labor unions?

Machine that worked 8 times faster than single wheel

Which of the following isn't a reason Great Britain become the world's industrial power?