7th Module 6 Lesson 1

When did the Industrial Revolution begin?

• At the start of the 19th century

• During the 1600s

• In the 20th century

• Around 1760

What was dominant in the first use of modern production methods?

• The automobile industry

• The textile industry

• The steel industry

• The technology industry

What sources of energy were used during the Industrial Revolution?

• Steam and water power

• Biomass and geothermal power

• Nuclear and hydroelectric power

• Solar and wind power

What is a free market?

• A market where prices are determined by unrestricted competition

• A market controlled entirely by the government

• A market where goods are exchanged for barter

• A market where only free goods are distributed

Who typically bears most of the risks and enjoys most of the rewards in a business?

• The entrepreneur

• The workers

• The government

• The consumers

What led to a higher standard of living during industrialization?

• Increase in agricultural jobs

• Decrease in population

• More goods being produced

• Decrease in goods being produced

What is an aristocracy?

• A government run by foreign powers

• A government run by a small privileged class

• A government run by elected officials

• A government run by the majority

What economic practice was replaced by the laissez-faire policy?

• Socialism

• Capitalism

• Mercantilism

• Communism

Which country experienced socialism during the time of industrial expansion?

• France

• The United States

• Great Britain

• The Soviet Union

What was a result of the Reform Act of 1832?

• Women were allowed to vote

• Factory workers gained political power

• Larger cities were granted seats in Parliament

• It ended the Industrial Revolution