7.7 Capitalism, Communism, and the Industrial Revolution - WH

Multiple Choice

How did the nature of trade and business change with the rise of capitalism after the 1500s?

• Trade became more localized and controlled by religious authorities.

• Long-distance trade became less risky and more common due to new financial systems.

• Wealth continued to be measured mainly in land and tribute.

• Governments maintained strict control over all business activities.

Multiple Choice

Based on the timeline, what major developments contributed to the evolution of capitalism from the 1500s to the 1900s?

• The rise of feudalism and agricultural expansion.

• The formation of joint-stock companies, industrial revolutions, and the development of stock exchanges.

• The decline of trade and business activities.

• The end of all government involvement in economics.

Multiple Choice

Which of the following statements about the Protestant Work Ethic is correct?

• It discouraged reinvesting profits and economic success.

• It developed during the Industrial Revolution.

• It emphasized hard work, discipline, and frugality as moral virtues.

• It was unrelated to the rise of capitalism.

Multiple Choice

Adam Smith is known for advocating which economic principle?

• Government control of trade

• The invisible hand and laissez-faire economics

• Strict mercantilism

• Prohibition of stock exchanges

Fill in the Blanks

Companies that sold shares to individuals and reduced risk for investors are known as

companies.

Multiple Choice

Which of the following statements best explains the significance of the English East India Company in British history?

• It was a minor trading company with little influence.

• It played a major role in establishing British political and military power in India.

• It was dissolved shortly after its creation.

• It focused only on trade within Europe.

Multiple Choice

Which of the following factors contributed to the accumulation of capital in Britain during the 18th century?

• Decline of trade with Asia and Africa

• Modern banking and stock exchanges

• Isolation from global markets

• Lack of investment opportunities

Fill in the Blanks

The first stock exchange was set up in

to trade shares of the Dutch East India Company.

Multiple Choice

Which of the following geographic features most directly contributed to Britain becoming the birthplace of the Industrial Revolution?

• Deserts and arid land

• Abundant coal fields and iron production

• Tropical rainforests

• High mountain ranges

Multiple Choice

Which of the following was a direct effect of the Enclosure Movement on farmers?

• Farmers gained more common land

• Farmers moved to urban areas for work

• Farmers received government subsidies

• Farmers became landless peasants

Multiple Choice

Which groups contributed to the expansion of the U.S. workforce during the Industrial Revolution?

• Only men

• Immigrants, women, and children

• Only enslaved people

• Only factory owners

Fill in the Blanks

The Industrial Working Class mainly worked in

during the Industrial Revolution.

Multiple Choice

Which of the following best describes the role of middle-class women during the Industrial Revolution?

• Worked hazardous jobs in factories

• Managed the household and stayed out of the workforce

• Worked out of economic necessity

• Led political movements

Multiple Choice

Who is known as the 'Father of the American Industrial Revolution' and what technology did he bring to the United States?

• Eli Whitney; Interchangeable parts

• Samuel Slater; Textile production technology

• Henry Ford; Assembly line

• Thomas Edison; Electricity

Multiple Choice

Which of the following were key developments during the First Industrial Revolution?

• Textiles, Iron, Steam Power

• Steel, Oil, Electricity

• Automobiles

• Consumer Culture

Fill in the Blanks

Coal was the first fossil fuel to be used extensively during the Industrial Revolution. It powered

engines.

Multiple Choice

What was the significance of Eli Whitney's idea of interchangeable parts for manufacturing?

• It made products more expensive.

• It slowed down production.

• It simplified and sped up manufacturing.

• It eliminated the need for factories.

Drag and Drop

Britain built railways in India to strengthen its

Placeholder

control

Drag these tiles and drop them in the correct blank above

colonial

economic

cultural

military

Draw

quickly sketch one example of the working conditions for industrial workers during the Industrial Revolution.

Multiple Choice

What is the goal of both socialism and communism

• To eliminate all forms of government

• To create a society based on individual wealth accumulation

• Economic equality,

  but they differ in how it should be achieved.

• To establish a monarchy with absolute power

Open Ended

Do you agree or disagree with Marx's statement: "Capitalism treats a person's time like a commodity - a thing that can be bought and sold"

Type agree or disagree! Spelling Counts!!

agree

or

disagree

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​

Select answer

formed to fight for and protect the rights of workers.

Multiple Choice

What prevented children from working in the factories before the age of 10?

• The Industrial Safety Act of 1875

• The Factory Owners’ Protection Act of 1882

• The Child Labor Tax of 1878

• The Education Act of 1880