Semester One Final Review

Front

What is the movement of people from farms to cities?

Back

Urbanization

Front

A place where people and machines join together to mass produce goods.

Back

Factory

Front

__________ is known as the Father of modern economics, who theorized Laissez-Faire, the idea that the market should have no political interventions?

Back

Adam Smith

Front

In which European country did the Industrial Revolution begin?

Back

Britian

Front

Some of the machines invented in the 18th and 19th centuries are: telephones, geographic positioning system, radios, airplanes; steam engine, railroads, flying shuttle, phonograph, steam ships, light bulb; sailboats, automobiles, wheel barrels, clocks, word processors; automatic washer, hair dryer, rockets, space shuttles

Back

steam engine, railroads, flying shuttle, phonograph, steam ships, light bulb

Front

__________________ predicted a violent revolution that would result in the working class taking over in a classless political and economic systems known as communism.

Back

Karl Marx

Front

What was the primary reason for the trend of immigrants settling in urban areas in the North during the period from 1880 to 1920?

Back

Rapid industrialization created many job opportunities.

Front

As a result of increased immigration to the United States in the late 19th century, many immigrant families lived in tenements because

Back

there was a lack of affordable housing in overcrowded cities.

Front

A reason some businesses hired children was:

Back

So they could save money by paying the children less money

Front

Powerful companies like Standard Oil that had control over the majority of the industry they were involved in and controlled many businesses related to their own can be called

Back

Monopolies