Industrial Revolution Flashcards
What was the Industrial Revolution
Change from producing good from hand to machinery
Where did the Industrial Revolution begin
Uk
Why did the Industrial Revolution start where it started
Natural resources, access all over the world
What is industrialization
Machines being used to produce goods in factories
What is urbanization
The growth of cities
Why did urbanization occur during the Industrial Revolution
Urban areas had factories meaning jobs
What were working conditions like during this time
Poor, long hours, poor pay. Use of child labor
What is legislation
Governments making a set minimum wage, end of child labor
What is Laissez faire capitalism
Economic system used in the Industrial Revolution
What are the principles of Laissez Faire Capitalism (3)
1.Businesses should be owned individually 2.Business decisions should not be made by the government 3.prices should be set based on supply and demand
Who are Karl Marx and Friedrich Engels
Communist who disagreed with capitalism
Why didn’t Marx and Engles support capitalism
They said it exploited factory workers
What book to Marx and Engles write
The communist manifesto
What were the bourgeoisie
Wealthy factor owners
What were the Proletariat
Workers
