Industrial Revolution

What is the movement of people from farms to cities?

• Utilitarianism

• Urbanization

• Proletariat

• Enclosure Movement

A place where people and machines join together to mass produce goods.

• Cartel

• Corporation

• Factory

• Urbanization

The Industrial revolution created a new ____________ class.

• Upper

• Poor

• Lower

• Middle

__________ is known as the Father of modern economics, who theorized Laissez-Faire, the idea that the market should have no political interventions?

• Adam Smith

• Karl Marx

• Thomas Malthus

• Frederick Engels

In which European country did the Industrial Revolution begin?

• France

• Britian

• Prussia

• Spain

Some of the machines invented in the 18th and 19th centuries are:

• telephones, geographic positioning system, radios, airplanes

• steam engine, railroads, flying shuttle, phonograph, steam ships, light bulb

• sailboats, automobiles, wheel barrels, clocks, word processors

• automatic washer, hair dryer, rockets, space shuttles

Which of the following is considered an impact of Industrialization during the 18th and 19th centuries?

• Increased competition between industrialized nations

• Rise of global inequalities

• Transformation of society.

• All of the above

Capitalism is

• An economic system in which the means of production are privately owned and money is invested to make profits.

• An economic system in which the means of production are owned by the public (government) and operate for the welfare of all.

Socialism is

• an economic system in which the factors of production are owned by the public and operate for the welfare of all.
• an economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit.

Who designed the first efficient steam engine?

• James Hargreaves
• John Kay
• Richard Arkwright
• James Watt