History Midterm U1 Flashcards
What did the IR bring for entrepreneurs?
- Great riches
- Wealth
- Entrepreneurs benefited most from the IR
What did the IR bring for workers?
- Poverty
- Harsh living conditions
Urbanization?
The movement of people to cities
What led to urbanization?
The demand for workers
The IR created a new…
Middle class
What did the middle class do during the IR?
Owned and operated means of production
Bourgeoisie?
The middle class including merchants industrialists and inventors
Middle class women…
Stayed home and raised children
Wealthy class women…
Had maidservants to raise their children
Working class women…
Had their children in the workforce
Tenements?
Multistory buildings divided into apartments
- Mostly occupied by the working class
What were the tenements condition?
- No running water
- No sewage system
- Contaminated drinking water (because of sewage)
What led to disease during the IR?
Contaminated drinking water
Labor unions?
Workers’ organizations (illegal at the time)
Luddites?
Group of workers who broke into factories and destroyed machinery
Methodism?
A religious movement that many working class people found comfort in and helped the anger of workers away from the revolution
John Wesley
Founder of Methodist movement
What was it like working in a factory?
- Rigid schedule
- Long working hours
- Loss of limbs
- Loss of life
- Breathing in lint damaged their lungs
Why did employers prefer to higher women over men for factory work?
- They could adapt more easily to machines
- They could pay them half of what they paid men
What were the conditions for miners?
- Worked in darkness
- Coal dust destroyed lungs
- Always at risk for explosions, flooding, collapsing tunnels
- Paid more than factory workers
- Worse working conditions than factory workers
What were the jobs of children during the IR?
- Crawling under machinery to make repairs
- Children who worked in mines had to carry heavy loads
What were the child labor and reform laws?
Factory acts
- Law that restricted age limits and hours for working children
- These laws were not enforced so inspectors had to make sure the laws were being followed
- Later on laws were made to shorten womens work days
- Children were ensured education
Result of industrialization?
- Labor unions won the right to bargain with employers for better wages
- Working class men got the right to vote
- Creation of new jobs
Thomas Malthus?
- British economist
- Believed population would outpace food
- To prevent this he encouraged people to have fewer children
- He was wrong (population increased but as did food supplies)
Physiocrats?
Early advocates of laissez- faire economics
Laissez faire?
- Idea that the government should play as small of a role as possible in economic affairs
- Called the hands- off approach
- Idea of individual rights = important
David Ricardo?
- Laissez- faire economist
- Believed that increasing wages were pointless because when wages were higher people had more children instead of raising the family’s current living standard
- Poor would stay poor
Free market economy?
Unregulated exchange of good and service
Jeremy Bentham?
- British economist
- Advocated utilitarianism
- Believed that laws should provide more happiness that pain
- Believed the government could get involved under some circumstances
Utilitarianism?
Ideas the the goal of society should be “the greatest happiness for the greatest number”
Socialism?
A system in which society (usually in the form of the government) owns\controls the means of production
Means of Production?
-Farms
-Factories
- Railways
- Other large businesses that produce and distribute goods