Industrial Revolution

This economist believed in utopianism.

• Karl Marx

• Adam Smith

• Saint-Simon

• Robert Owen

This economic theory says that the government should not interfere in the economy.

• Capitalism

• Socialism

This economist believed in communism.

• Karl Marx

• Adam Smith

• Saint-Simon

• Robert Owen

This economic theory states that wealth should be distributed equally among everyone. Everyone gets what they need.

• Capitalism

• Socialism

This economist believed in socialism.

• Karl Marx

• Adam Smith

• Saint-Simon

• Robert Owen

This economic theory states that there should be no economic classes (ex. no rich, no poor).

• Capitalism

• Socialism

This economic theory states that competition and supply and demand will determine the prices of goods.

• Capitalism

• Socialism

These were groups of workers that tried to improve working conditions, pay, and remove child labor.

• Parliament

• Labor Unions

• Worker's Governmen

• Voters

This economist was a capitalist.

• Karl Marx

• Adam Smith

• Saint-Simon

• Robert Owen

The Industrial Revolution began in England, in what countries did the Industrial Revolution spread to quickly? (Choose 3)

• Belgium

• Germany

• Italy

• United States

• France