Industrial Revolution Review

Which situation in Great Britain was a major reason why the Industrial Revolution began there?

• an ample supply of human and natural resources

• increasing power of the laboring class

• high quality of public education

• eagerness of the nobility to become factory owners

Which has been a major change resulting from the industrialization of Western Europe?

• increased social mobility

• increased political power for the nobility

• shrinking of the influence of the middle class

• shift in wealth from northern to southern European nations

During the Industrial Revolution in England, the failure of social advances to keep up with technological advances led to

• an increased demand by the working class for reform

• the adoption of right-to-work laws

• a change in government from a monarchy to a republic

• the reinforcement of mercantile policies to increase industrial production

A major result of the Industrial Revolution in Europe was

• an increase in the size and influence of the middle class

• an increase in the percentage of people engaged in farming

• a decreased life expectancy and an increased infant mortality

• a reliance on subsistence economies

The drawing illustrates workers’ reactions to which development of the Industrial Revolution?

• machines replacing workers

• slum housing conditions

• rise of unions

• equal sharing of profits with workers

Which phrase best illustrates the theory of laissez-faire capitalism?

• businesses operating with little government regulation

• the state establishing production quotas

• central planning committees setting prices on goods

• decisions related to distribution being based on community traditions

In The Communist Manifesto, Karl Marx and Friedrich Engels expressed the idea that

• religion should be the most important factor in society

• power should be determined by a person’s wealth

• profits from work should belong to the workers

• supply and demand should control prices

A key principle of the economic theory of communism is

• restoration of a bartering system

• organization of workers’ unions

• government ownership of property

• privatization of business

According to the theory of laissez-faire economics, prices should be determined chiefly by

• government regulations

• supply and demand

• leaders of business and industry

• negotiations between labor and management

Which heading best completes the partial outline above?

• Forms of Government

• Characteristics of Capitalism

• Structure of the Guild System

• Elements of Culture