Impact of the Industrial Revolution

Adam Smith, who took up for laissez-faire economics, believed that:

• mercantilism was the only way to insure a truly free trade.

• the government should regulate the economy.

• the government should not interfere with the economy.

• colonies were an important source of conpetition.

Who wrote the Communist Manifesto?

• Charles Darwin

• Adam Smith

• Karl Marx

• Alfred Nobel

The system in which the government owns and controls the means of production, such as mines and factories, is called?

• fascism
• socialism
• capitalism
• mercantilism

Which of the following was NOT associated with early factory working conditions?

• Low wages
• Safe working conditions
• Dangerous working conditions
• Widespread pollution

Which of the following groups would most likely benefit from the socialist ideas of Karl Marx?

• Entrepreneurs
• Factory Workers
• Large Business Corporations
• Factory Managers

How did the Industrial Revolution affect the cities?

• Made the crime rate decrease
• Led to an increase in farm workers
• Make the cities cleaner and safer
• Led to an increase in population in the cities

What is a free enterprise system?

• Making goods cheaper to increase sales and profits
• Making goods more expensive to decrease sales and profits
• Making better goods by having the government oversee companies
• Having labor unions helping out workers

What is the movement of people from farms to cities?

• Utilitarianism

• Urbanization

• Proletariat

• Enclosure Movement

The Industrial revolution created a new ____________ class.

• Upper

• Poor

• Lower

• Middle

__________________ predicted a violent revolution that would result in the working class taking over in a classless political and economic systems known as communism.

• John Adams

• Thomas Smith

• Karl Marx

• Edward Jenner