Industrial revolution

Question 1

What was the Industrial revolution?

Answer 1

The Industrial Revolution was a period of rapid industrialization and urbanization that took place in the late 18th and early 19th centuries. It was a time of improvement that was marked by the introduction of machinery and factory production, leading to significant societal and economic changes.

Question 2

When was the industrial revolution

Answer 2

from the late 18th century to the early 19th century, roughly spanning from the 1760s to the 1840s.

Question 3

Bad part of what was in I.R

Answer 3

However, we also saw the Industrial Revolution often subjected workers to harsh working conditions, long hours, low wages, and exploitation.

Question 4

Why was the era of the Industrial Revolution called “the best of times and theworst of times”?

Answer 4

because while it brought about remarkable advancements in technology, economic growth, and living standards for some, it also led to significant social upheaval, inequality, and exploitation of workers, resulting in harsh working conditions, urban slums, and environmental degradation.

Question 5

What is capitalism

Answer 5

an economic system in which individuals own/ control the means of: production, distribution, and the exchange of GOODS and Services.

Question 6

Who was Karl Marx?

Answer 6

Karl Marx was a philosopher, economist, and political theorist He is best known for his influential works, such as “The Communist Manifesto” and “Das Kapital,” which laid the foundation for the ideology of Marxism. Marx’s ideas focused on analyzing the class struggle within capitalist societies and advocating for the overthrow of capitalism to establish a classless society based on common ownership of the means of production.

Question 7

What is socialism

Answer 7

An economic system in which the nation controls the modes of: production, distribution and exchange

Question 8

Why did Karl Marx attack capitalism?

Answer 8

He believed that capitalism inherently produced social inequality and exploitation.

Marx argued that under capitalism, the bourgeoisie (capitalist class) owned and controlled the means of production while the proletariat (working class) had to sell their labor power to survive, leading to the exploitation of workers for the profit of the capitalists.

Question 9

What were his main complaints against capitalism

Answer 9

1. Modern work is alienated
2. Modern work is insecure
3. people get paid little while capitalist get rich
4. capitalism is really unstable
5. capitalism is bad for capitalist