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Ch 5 Test

The Industrial Revolution

QuestionAnswer
Those who manage and assume the financial risk of new businesses entrepreneurs
Utopian socialist who set up a model community in New Lanark, Scotland Robert Owen
British philosopher and economist who advocated utilitarianism Jeremy Bentham
the working class proletariat
the movement of people to cities urbanization
a business organization in areas such as shipping, mining, or factories enterprise
a private toll road turnpike
a drug that prevents pain during surgery, patended by a dentist anesthetic
an apartment building for the working class tenement
improved the steam engine in the late 1700's James Watt
During the Industrial Revolution, life changed in what basic way? people migrated from rural areas to cities.
The cotton gin was a machine that could separate seeds from raw cotton.
The first factories developed in what industry? textiles
What describes David Ricardo's "Iron Law Of Wages?" Wage increases will not raise the standard of living of poor families.
"The greatest happiness for the greatest number" was a goal of utilitarianism
Karl Marx despised capitalism because he believed that it created prosperity for a few and poverty for many.
The Industrial Revolution began in Britain
What is one way improved agriculture contributed to population growth? It created a surplus of food.
What caused the growth of cities during the Industrial Revolution? need for factory workers.
Why did factory owners often prefer to hire women? Women could be paid less than men.
One positive effect of the Industrial Revolution was a rise in wages.
For what two reasons did the Industrial Revolution begin in Britain? Britain has plentiful natural resources and easy access to the sea.
How did labor and capital combine to create the Industrial Revolution? Capital was invested in factories that employed the workforce.
The flying shuttle and spinning jenny were technological advances in the textile industry.
In transportation, steam power was used to operate locomotives.
Two goals of communism are to end capitalism; create a classless society.
Created by: Coachwinter