Industrial Revolution Review #2

Front

Which of the following most directly explains the importance of improved agricultural productivity to the industrialization of economic production in western Europe in the period 1750–1900? Options: Because the nutritional quality of food greatly improved, more people were able to sustain the long working hours that factory labor required. Because less labor was needed on farms, more people moved to urban areas to work in factories. Because farmers needed less land to produce the same amount of food, they could build textile factories on the excess land. Because greater quantities of food could be sold at higher prices, governments could tax farmers at higher rates and use those revenues to build factories.

Back

Because less labor was needed on farms, more people moved to urban areas to work in factories.

Front

The title of the book written by Karl Marx:

Back

Communist Manifesto

Front

Who wrote The Wealth of Nations?

Back

Adam Smith

Front

The Wealth of Nations supports which economic system?

Back

Capitalism

Front

Which economic system is driven by competition?

Back

Capitalism

Front

What is the primary goal of socialism?

Back

Redistributing wealth to reduce inequality

Front

Which of the following is a characteristic of socialism? Minimal government regulation, Universal healthcare and education, Privatized infrastructure, Laissez-faire policies

Back

Universal healthcare and education

Front

What is the ultimate goal of communism?

Back

A classless and stateless society

Front

In a communist system, who owns property?

Back

The community collectively

Front

Socialism differs from capitalism in that it focuses on:

Back

Reducing wealth disparities