Topic 2 Vocabulary

________________ is the movement of people to cities.

Answer explanation

This is one of the affects of the Industrial Revolution.

An _______________ is someone who manages and assumes the financial risks of starting new businesses.

Answer explanation

Skilled mechanics and engineers partnered with entrepreneurs to profit from their inventions.

________________ is money used to invest in enterprises.

Answer explanation

The capital that helped Britain industrialize came from landowners, banks, and merchants who profited from overseas trade, including the slave trade.

Organizations of workers who bargained for better pay and working conditions are __________________________.

Answer explanation

These organizations were not allowed during the beginning of the Industrial Revolution.

An ____________ is a business organization in an area such as shipping, mining, railroads, or factories.

Answer explanation

Investors invest capital into a business enterprise.

Multistory buildings separated into apartments are called_______________.

Answer explanation

Many poor lived in tenements in the cities to be close to the factories in which they worked.

The idea that the goal of society should be "the greatest happiness to the greatest number" of its citizens is called__________________________.

Answer explanation

This idea was from Jeremy Bentham, a British economist and philosopher during the 1800s.

According to Marx, _____________ would bring a classless society in which the means of production would be owned in common for the good of all.

Answer explanation

People often confuse socialism and communism, but they are different.

Under __________________, people as a whole rather than private individuals would own and operate the means of production.

Answer explanation

Means of production are the farms, factories, railways, and other large businesses that produced and distributed goods and services.

The ____________________ was a campaign to limit or ban the use of alcoholic beverages.

Answer explanation

Temperance leaders pointed out the drinking ruined family life.