Industrial Revolution

Relates to a government not interfering with the economy

Which of the following two thinkers wrote The Communist Manifesto together?

When something is in short supply; the fundamental problem of economics

Economic system in which the means of production are owned or regulated by community as a whole

Economic system characterized by free trade, with prices determined by supply & demand

The resources and facilities needed to produce goods.

In which country did the Industrial Revolution start take off in the 17th Century?

Which of the following devices led to incredible growth in the textile production?

Which of the following factors supported the development of industrialization?

An economic system in which a country's trade and industry are controlled privately for profit

Which economic system is characterized by centralized control of what is produced

Which of the following systems did large-scale textile manufacturing replace?

Which of the following was an effect of the Industrial Revolution?

Which of the following thinkers is known as the father of capitalism and free market economics?

In order to protect themselves, laborers organized themselves into __________.

Marxist form of Socialism established by violent revolution & class struggle is called ______.