Economic and Social Revolutions Flashcards
1
Q
Agrarian Revolution
A
Changes in farming
Enclosure movement
Surplus of food
Society stabilized
Population increases
Leads to Industrial Revolution
2
Q
Industrial Revolution
A
Only can happen after agrarian revolution
Starts in Britain (geography, middle class, money to invest, technology)
Britain has raw materials
3
Q
Impact of the Industrial Revolution
A
Factory system Mass production Laissez Faire Big Business Middle Class Urbanization (moving to cities for work) Poor working conditions (labor unions)
4
Q
Laissez Faire
A
Government is hands off the economy
“Lazy”
Adam Smith writes “The Wealth of Nations”