Industrial Revolution Exam T1 2023 Flashcards

1
Q

What were features of pre-industrial Britain?

A

Agricultural economy with limited production, people who were not wealthy, life had harsh conditions and people were illiterate.

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2
Q

What was the agricultural revolution?

A

It took place in Britain in the 1700s, before industrial revolution, and involved inventions that lead to mass food production.

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3
Q

What was the industrial revolution?

A

The Industrial Revolution was the transition from creating goods by hand to using machines.

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4
Q

What is capitalism?

A

It is an economic and political system in which a country’s trade and industry are controlled by private owners for profit.

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5
Q

What is socialism?

A

It is a system where means of production, distribution, and exchange should be owned or regulated by the community as a whole.

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6
Q

What was the open field system?

A

A system where two fields would be used to grow wheat and barley and the third field would be left unplanted as the field needed to be fertilized.

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7
Q

What was the enclosed system?

A

It was a system with privately owned land, usually with walls, fences or hedges around it.

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8
Q

What was the village common?

A

It was a a common open area within a village used for gathering cattle to bring them later on to a common land for grazing.

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9
Q

What is mass production?

A

It is the production of substantial amounts of standardized products in a constant flow.

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10
Q

What were raw materials?

A

They were materials found naturally in the earth and they helped the Industrial revolution by powering things.

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11
Q

Why was cheap labor important?

A

Cheap labor was present at the time of the Industrial Revolution because it was cheap for business owners to employ many people, therefore making mass produce.

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12
Q

Why was the growing population a factor of the industrial revolution.

A

Because goods had to be produced more efficiently in order to accommodate for the whole population.

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13
Q

Why was transport important around this time?

A

Because they needed to transport machines and goods to other places, inducing trade.

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14
Q

How did Europe benefit from industrial revolution?

A

Their economy went from being labor-intensive to having factories and specialized labor.

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15
Q

How did Japan benefit from industrial revolution?

A

Factories were built, infrastructure was developed, and the Japanese economy quickly transitioned. They discovered large amounts of steel, but focused on their military’s strength at the time.

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16
Q

How did the USA benefit from industrial revolution?

A

Railroads expanded significantly, bringing even remote parts of the country into a national market economy. People also got wealthier.

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17
Q

What caused the Industrial revolution?

A

The emergence of capitalism, European imperialism, efforts to mine coal, and the effects of the Agricultural Revolution.

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18
Q

What caused the Agricultural revolution?

A

This revolution started because of developments in technology, a shift towards industrialization, and the growth of cities.

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19
Q

What was the effect of the Industrial revolution?

A

It increased production and efficiency, lower prices, more goods, improved wages, and migration from rural areas to urban areas.

20
Q

What was the effect of the Agricultural revolution?

A

The Agricultural Revolution brought about experimentation with new crops and new methods of crop rotation. It also allowed mass production of food.

21
Q

What were trade unions?

A

An organization mainly made up of workers. One of a trade union’s main aims is to protect and advance the interests of its members in the workplace.

22
Q

What is the ALP?

A

It is a party with the objective of socialism to the extent necessary to eliminate exploitation and other anti-social features.

23
Q

What were the bourgeoisie?

A

The middle class who owned most of society’s wealth and production means.

24
Q

What was capital?

A

The money an industry had to fund day-to-day activities.

25
Q

What was Chartism?

A

It was a working class movement that wanted to gain political rights and influence for the working classes.

26
Q

What was a classless society?

A

The term classless society refers to a society in which no one is born into a social class, and people can make their own wealth.

27
Q

What was a cottage industry?

A

It’s the term that historians use to identify production that was completed before the start of the Industrial Revolution.

28
Q

What was the 8 hour day movement?

A

It had been proposed by Robert Owen in 1817 in New Lanark. The main idea of the movement was; ‘Eight hours labor, eight hours recreation, eight hours rest’ for the workers.

29
Q

What was an entrepreneur?

A

Entrepreneurs sponsored inventors, put inventions to effective use, and exploited the full potential of inventions.

30
Q

Who were the Fabians?

A

The Fabian Society is a British socialist organization whose purpose is to gradually advance the principles of social democracy and democratic socialism into an economy rather than by revolutionary overthrow.

31
Q

What was laissez-faire?

A

It was the theory that the less the government is involved in the economy, the better off business will be, and by extension, society as a whole.

32
Q

What was Marxism?

A

Marxism originated from Karl Marx, focusing on the struggles between capitalists and the working class.

33
Q

Who were the proletariats?

A

They were the lower working-class people who, under capitalism, sell their labor in order to earn a living.

34
Q

What is the Communist Manifesto?

A

It was written by Karl Marx and Friedrich Engels, was first published in 1848. It argued that capitalism would inevitably self-destruct, to be replaced by socialism and ultimately communism.

35
Q

What were tariffs?

A

A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods.

36
Q

What was utopian socialism?

A

It was a belief that social ownership of the means of production can be achieved by voluntary and peaceful surrender of their holdings by propertied groups.

37
Q

What is a welfare state?

A

A way of governing in which the state or an established group of social institutions provides basic economic security for its citizens.

38
Q

Why did capitalism emerge?

A

The rapid growth of businesses gave some owners the money they needed to create enormous corporations that could monopolize an entire industry.

39
Q

Why did socialism emerge?

A

Factory owners became wealthy, while many workers lived in increasing poverty, laboring for long hours under difficult and sometimes dangerous conditions. Socialism emerged as a response to the expanding capitalist system.

40
Q

What were positives of Socialism?

A

The government treats the citizens equally, and wealth generated by employees is distributed equally to everyone. The government manages means of production, which ensures that there is fairness in resource utilization and distribution.

41
Q

What were positives of Capitalism?

A

Competition and capital accumulation make businesses want to maximize efficiency, which allows investors to capitalize on that growth and consumers to enjoy lower prices on a wider range of goods. Innovative ideas are rewarded and you work for your own money individually.

42
Q

What were negatives of Socialism?

A

Slow economic growth, less entrepreneurial opportunity and competition, and a potential lack of motivation by individuals due to lesser rewards.

43
Q

What were negatives of Capitalism?

A

Inequality, market failure, damage to the environment, excess materialism and boom and bust economic cycles.

44
Q

How would life be different without the industrial revolution?

A

Without the Industrial revolution, new forms of medicine would never have been produced, we would all be less wealthy and our economy would be predominantly farming.

45
Q

Who were the luddites?

A

British weavers and textile workers who objected to the increased use of mechanized looms and knitting frames and destroyed them. Most were artisans who feared machine operators were robbing them of their wealth.