Industrial Revolution Flashcards
1
Q
Adam Smith
A
defended the idea of free economy
2
Q
socialism
A
the factors of production are owned by the public and operate for the welfare of all
3
Q
karl marx
A
introduced the world to a radical type of socialism in “The Communist Manifesto”
4
Q
Laissez Faire
A
the economic policy of letting owners of industry and business set working conditions without interface
5
Q
Louis Pasteur
A
Pasteurized milk
Bacteria and germ theory
6
Q
Henry ford
A
assembly line production
automobile technology
7
Q
Impact of the steam engine
A
allowed easier production and transportation
8
Q
which industry was the first to industrialize
A
textile
9
Q
what is the relationship between communism and socialism
A
Marx described communism a form of complete socialism
10
Q
reform movements
A
abolition of slavery
fight for women’s rights
