Chap 21 Flashcards

1
Q

What factors allowed the industrial revolution to begin in great Britain(5)?

A

•exploration • sea power • political stability • gov. Support • growth of private investment

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What are the factors of production ? Give an example of each-

A

Land-coal-iron
Labor-working
Capital-funds

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

How did industrialization in Britain compare to the process in America & Europe ?

A

It was delayed because Britain outlawed the export of certain machines & forbade skilled craftsmen from leaving the country. Germany had no central government

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

What were the effects of the factory system? (5)

A
  • workers felt with managers
  • goods are provided in factories
  • work required few easy learned skills
  • children were employed
  • more people joined the middle class
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

How was the mercantile system different from laissez-fair economics?

A
  • restricted trade to protect there industries

* laissez-fair made it so the government did not interfere

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Those who advocated social democracy wanted to move from capitalism to socialism by what?

A

Democratic means

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How did industrialization affect the home life?

A

Men at work/ women at home

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

How did industrialization affect the middle class

A

People had more time on there hands

How well did you know this?
1
Not at all
2
3
4
5
Perfectly