WHAP Unit 5 Review

Front

Waterways such as canals and rivers were important in the process of early industrialization because they provided cheap electrical power needed for industrial production

Back

False

Front

Waterways such as canals and rivers were important in the process of early industrialization because they were a means for integrating economic activities in regional and national markets.

Back

True

Front

In which country did the Industrial Revolution begin?

Back

England

Front

The Second Industrial Revolution was focused on electricity, precision steel machinery and chemicals

Back

True

Front

What did Marx predict for the future? Options: The poor would all be killed by the rich, The poor would realize that they had no power, The workers would rise up and overthrow the Capitalist system, education and personal development would bring about a peaceful transformation

Back

The workers would rise up and overthrow the Capitalist system

Front

Who developed laissez-faire economics as an economic philosophy?

Back

Adam Smith

Front

Laissez-faire capitalism as attributed to Adam Smith called for

Back

minimal government involvement in the economy

Front

During the 1800s, the writings of Marx and Engels focused attention on the problems faced by

Back

industrial workers

Front

The capitalist class who own most of society's wealth and means of production.

Back

Bourgeoisie

Front

What system created by Eli Whitney allowed for industrial machines to be repaired and serviced more easily?

Back

interchangeable parts