The First Industrial Revolution

Front

Before the Industrial Revolution, most people were engaged in which occupation?

Back

farming

Front

The major change in the organization of labor in the industrial revolution was

Back

the development of mass production.

Front

Mass production was possible because of the development of interchangeable parts.

Back

True

Front

The first factories were built next to what source of power?

Back

rivers

Front

A person who invests in businesses for profit is known as a

Back

Capitalist

Front

According to the law of supply, if the number of available goods increases, the price will

Back

decrease

Front

According to the law of demand, if the supply of goods decreases the price will

Back

increase

Front

The first textile mills were built in

Back

New England

Front

A "market economy" describes

Back

a system where resources are privately owned and competition determines prices.

Front

The Lowell "mill girls"

Back

worked 12-14 hour days, were primarily from rural farming communities, were paid half the wage a man would earn.