WH 10 Ch 22.1

Question 1

In this system, the government acts by forcefully taking over the industrial production centers

Accepted Answer

communist

Question 2

Groups that controlled all stages of an industry are called

Accepted Answer

cartels

Question 3

The proletariat were

Accepted Answer

the workers

Question 4

Domination of production of one product or service is called a

Accepted Answer

monopoly

Question 5

the belief that government should not interfere with business

Accepted Answer

laissez-faire

Question 6

Industrialization came first to this industry

Accepted Answer

textile

Question 7

Before the development of the factory system products were made using this system

Accepted Answer

domestic

Question 8

The USA quickly developed its Industrial system because it had

Accepted Answer

the factors of production

Question 9

T / F Early factories did not depend on a water source until the invention of the steam engine

Accepted Answer

False

Question 10

Adam Smith was a well-known expert in the field of

Accepted Answer

economics

Question 11

Which economic / social philosopher is associated with Frederick Engels

Accepted Answer

Karl Marx

Question 12

Free enterprise and laissez-faire economies gave the most benefits to

Accepted Answer

employers

Question 13

Producing large numbers of identical items

Accepted Answer

mass production

Question 14

Early labor laws were aimed at lessening the plight of

Accepted Answer

children

Question 15

Eli Whitney is famous for this industrial advancement

Accepted Answer

interchangeable parts

Question 16

Alternating prosperity and decline is associated with

Accepted Answer

business cycle

Questions 16