Intro to Economics

Metals, wood, plant products, animal products and other substances used to make goods intended for sale to customers

• Heavy industry

• Workforce

• Operations

• Raw materials

Process by which the interaction of social and economic factors leads to the development of industries across a community, region or country

• Industrialization

• Agriculture

• Modernization

• Peripheral countries

Goods produced in isolation, independently and by small-scale operations during the Middle Ages

• Agricultural Revolution

• Guilds

• Cottage industries

• Labratory

Clothing and baked goods as well as the repair of items done in homes are examples of ___

• Unskilled labor

• Guilds

• Cottage industries

• Industrialization

Prior to the Industrial Revolution, ships were a necessary form of transportation. Shipyards were busy constructing new boats. The workers making sails, masts and the decking for the ships were considered ___

• Skilled laborers

• Unskilled laborers

• Supervisors

The Industrial Revolution began in ___

• Massachusetts

• India

• Belgium

• Britain

Which of the following is NOT true of the Industrial Revolution?

• It began after the British depleted their forests leaving no charcoal for furnaces

• It began after the British dug for coal and hit water and mine shafts flooded requiring powerful pumps

• It began after Britain started using the steam powered locamotive

• It began after Thomas Newcomen created the first commercially successful steam engine

Which of the following methods did Britain use to stop other countries from industrializing?

• Passed laws that made it illegal to import industrial information from other countries

• Passed laws that made it illegal to export new machines

• Passed laws that made it illegal to export manufacturing methods

• Passed laws that made it illegal to export skilled workers

By the beginning of the 19th century, what other countries had industrialized?

• Belgium

• United States

• France

• Germany

The Second Industrial Revolution (late 19th century) included all of the following EXCEPT __

• Electricity

• Internal combustion engine

• Assembly line

• Interchangeable parts

• Coal power