Industrial Revolution Quiz #1

The Industrial Revolution began...

• United States
• Great Britain
• France
• Germany

Industrialism occurred over several decades, powered machines began to replace hand tools, and the modern factory system came into existence.

• True
• False

What are the factors of production needed for the Industrial Revolution.

• Land, Labor, Capital, Entrepreneurship
• Land, Socialism, Capitalism, Entrepreneurship
• Money and Resources
• Banks and Government

In what Industry did the Industrial Revolution Begin?

• Farming

• Textiles

• Weapons

• Housing

What is the name of the system in which workers labored at home, using their own tools and determining how much they wanted to work and produce?

• Factory System
• Domestic System
• Communism
• Socialism

The Industrial Revolution began in the Textile Industry because

• High Demand for Wool, Government Support and Innovations and Inventions of New Machines 
• Decrease in Population
• Increase in Food Supply
• Economical Boom and Bust Syndrome

Risk-Takers who are willing to invest and start businesses are called.

• Entrepreneurs
• Socialist
• Communist
• Imperialist

An economic system based on private ownership of property, consumer taste, supply and demand and agreements between consumers and producers.

• Communism

• Socialism

• Capitalism

• Labor Unions

An economic system that the means of production, distribution and exchange should be owned by the community as a whole.

• Socialism

• Communism

• Capitalism

• Feminism

advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

• Socialism

• Communism

• Capitalism

• Feminism