Unit 7: Economic Theories

Which of these is one of the arguments made in The Communist Manifesto?

• Free trade is beneficial to the workers and peasants of the world.

• The proletariat deserves harsh treatment because they lack education.

• All workers in the world will eventually unify in a revolution against the bourgeoisie

• The private property in every society should be placed in the hands of the proletariat.

Which economic system is driven by competition and became popular during the Industrial Revolution?

• socialism

• communism

• democracy

• capitalism

Which of these changes during the Industrial Revolution led to greater efficiency?

• Workers received labor rights.

• Major labor unions were formed.

• Slavery and other forms of forced labor were eliminated.

• Animal and human power were generally replaced with steam power

Which 19th century person would have been most DIRECTLY affected by the work of 18th century engineer James Watt?

• a person plowing a field

• a person studying the stars

• a person traveling on a train

• a person sailing to New York City

Which of these BEST describes the effect the Industrial Revolution had in England in the 19th century?

• people moved from the city to the countryside

• people moved from the countryside to the city

• people moved form England to the American colonies

• people moved from the American colonies to England

Which of these was an immediate result of the Industrial Revolution in Europe?

• the trans-Atlantic Slave trade was no longer used

• more African nations achieved political independence

• improvement in the standard of living for all people

• European social and political reform movements erupted

One of the major impacts of urbanization in the 1800s and early 1900s was

• a dwindling of the middle class as wealth grew among city dwellers.

• the increase in the spread of infectious diseases such as tuberculosis

• the decrease in agricultural production as more people moved to cities.

• transportation improvements decreased because travel became too expensive.

· Europe experienced it in the 18th and 19th Centuries.

· Asia experienced it in the late 19th Century.

· African regions began to experience it in the 20th Century.

What process is being described?

• the development of gangs and organized crime

• genetically modifying plants to grow more food

• urbanization, or the development of large cities

• industrialization, or using technology to change life