Chapter 7 Flashcards

1
Q

those who manage and assume the financial risk of new businesses

A

Entrepeneurs

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2
Q

the working class

A

proletariat

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3
Q

the movement of people to cities

A

urbanization

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4
Q

a private toll road

A

turnpike

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5
Q

a drug that prevents pain during surgery, patented by a dentist

A

anesthetic

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6
Q

During the Industrial Revolution, life changed in what basic way?

A

People migrated from rural areas to cities

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7
Q

The first factory developed in what industry?

A

textiles

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8
Q

The Luddites were a ________

A

labor organization

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9
Q

Thomas Malthus discouraged vaccinations because ________

A

disease was a natural means of population growth

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10
Q

Karl Marx despised capitalism because he believed that it ________

A

created prosperity for a few and poverty for many

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11
Q

I improved Newcomen’s steam engine by making it more efficient

A

Watt

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12
Q

Darby improved iron by using what to smelt it?

A

Charcoal

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13
Q

“The greatest happiness for the greatest number of people” was the mantra of which group?

A

Utilitarians

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14
Q

Utilitarian business owner who set up a community in New Lanark, Scotland

A

Owen

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15
Q

Marx’s term for the working class

A

Prolateriat

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16
Q

Who discouraged vaccinations to keep the population under control?

A

Malthus

17
Q

Who developed the “Iron Law of Wages”?

A

Ricardo

18
Q

An unrestricted free market was the idea of which people?

A

Lassiez-Faire Economics

19
Q

This group established communities where all land and labor were shared equally ______

A

Utopians

20
Q

Which group did employers prefer to hire because they could pay them less?

A

Women

21
Q

This was a labor organization that smashed machines

A

Luddites

22
Q

The removal of seeds from cotton by hand before factories was part of the

A

Putting Out System

23
Q

The working class lived in ______ in the cities

A

tenements

24
Q

people who invested money into new business ventures were called

A

entrepeneurs