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New Ideas About Eco.

What was "Laissez-faire A"? Adam Smith (wrote The Wealth of Nations) believed in enterprise(capitalism).
What was "Laissez-faire #1"? Free market would produce more goods at lower prices.
What was "Laissez-faire #2"? Capitalist would reinvest in growing economy.
What was "Malthus on Population A"? Malthus holds bleak view. Said population grew to fast.
What was "Malthus on Population #1"? Population will outpace food.
What was "Malthus on Population #2"? Only checks on population growth are war, disease, and famine.(are necessary; no government involvement)
What was "Malthus on Population #3"? Families should have fewer children to preserve food supply.
What was "Malthus on Population B?" Ricardo shares view. "Iron law of wages" population growth would lead to fierce competition for jobs, lost wages and high unemployment.
What was "Malthus on Population 1B"? Wage increases are futile for working poor.
What was "Malthus on Population 2B?" Opposed government help for the poor.
What was "Utilitarian for Limited Government A"? Goal of society should be "the greatest happiness for the greatest number."(John Stuart Mill- Income tax, Jeremy Benthem)
What was "Utilitarian for Limited Government #1"? Laws or actions should be judged by their "utility".
What was "Utilitarian for Limited Government #2"? Individual freedom guarantees happiness.
What was "Socialist thought Emerges A"? Focus should be on the good of society in general, not on individual rights.(Wealth is distributed evenly)
What was "Socialist thought Emerges #1"? Belief that socialism would end poverty and injustices of industrial capitalism.
What was "Socialist thought Emerges #2"? People as a whole, not private individuals, should own and operate the means of production.
What was "Socialist thought Emerges B"? Socialists established utopian communities.
What was "Socialist thought Emerges 1B"? Hoped that equality among people would end conflict.
What was "Socialist thought Emerges 2B"? Utopian industrialist Robert Owen sets up a model community in Scotland.
What was "Karl Marx explains class struggle A"? New theory of "scientific socialism" is based on scientific study of history.(Karl and Fredrich write Communist Manifesto)
What was "Karl Marx explains class struggle #1"? Inevitable struggle between social classes will lead to a classless society.(Lower class will rise up and eventually take over)
What was "Karl Marx explains class struggle #2"? A classless society would end struggles for wealth and power.
What was "Marxism in the future A"? Marxism briefly flourishes.
What was "Marxism in the future #1"? In 1860, Germany adapts Marx's beliefs to form social democracy.
What was "Marxism in the future #2"? Marxism leads to Russian Revolution in 1917.
What was "Marxism in the future #3"? Independence ;leaders elsewhere turn to Marxism
What was "Marxism in the future B"? Marxism loses appeal.
What was "Marxism in the future 1B"? Failures in Marxist governments government illustrate its flaws.
What was "Marxism in the future 2B"? Nationalism wins out over working- class loyalty.
What did Samuel Morse invent? Telegraph.
What did Henry Bessemer invent? Produced steel from iron ore.
What did Louis Pasteur invent? Rabies and anthrax vaccine and pasteurized milk.
What did Joseph Listen invent? Antiseptics.
What did Alfred Nobel invent? Dynamite.
What did Karl Benz invent? Automobile.
What did Thomas Edison invent? Electric light bulb.
What did Alexander Graham Bell invent? Telephone.
What did Orville and Wilbur Wright invent? Airplane.
What did Gugliema Marconi invent? Radio.