WC Industrial Revolution Flashcard

Front

Who invented the assembly line?

Back

Henry Ford

Front

Industrial Revolution is the transition from the _________ system to the factory system

Back

domestic

Front

___________ (one word answer) is the situation where one company has complete control over the market supply of a good

Back

monopoly

Front

Which country was the first to industrialize?

Back

England

Front

Which one is NOT a benefit of the industrial revolution? Cost-effective production, Efficiency, Economic Growth, Unsanitary Conditions

Back

Unsanitary Conditions

Front

____________ invented the world's first oil well in Pennsylvania

Back

Edwin Drake

Front

Which one is NOT an invention for the textile industry? Flying Shuttle, Spinning Jenny, Water Frame, Bessemer Process

Back

Bessemer Process

Front

___________ is the father of capitalism and modern economics

Back

Adam Smith

Front

___________ is the father of socialism and communism

Back

Karl Marx

Front

Which ideology protects private property?

Back

capitalism