The Industrial Revolution Flashcards
Why Britain first
The Industrial Revolution began in Great Britain around 1760 and many of the technological innovations were of British origin.
Tenement
Single-family buildings divided into multiple living spaces.
Working conditions
Working conditions were frequently unsafe and led to deadly accidents.
Labor union
Large groups of workers, usually in a similar trade or profession, that join together to protect the workers’ rights.
Enclosure act
A series of United Kingdom Acts of Parliament which enclosed open fields and common land in the country, creating legal property rights to land that was previously considered common.
Entrepreneur
Someone who financially backs a product and works to manage and make it better.
Industry
Provided employment - an industry was a working place
Thomas Malthus
English economist and demographer best known for his theory that population growth will always tend to outrun the food supply and that betterment of humankind is impossible without strict limits on reproduction.
Utilitarianism
By 1800s, Jeremy Bentham was advocating utilitarianism (idea that the goal of society should be “the greatest happiness for the greatest number” of its citizens)
Socialism
A populist economic and political system based on collective, common, or public ownership of the means of production.
Robert Owen
Textile manufacturer and advocated for socialism.
Karl Marx
Viewed the Industrial Revolution as a catastrophe for workers, who lost control of their work and were dispossessed, and whose standard of living was reduced to bare subsistence
The Communist Manifesto
During the revolutions which swept Europe in 1848, they prepared the Communist Manifesto, an analysis of the emergence of industrial capitalism, a program for its overthrow and a plan for its replacement by a communist society in which the workers owned all enterprises and took over the reins of government.
Communism
A political and economic system where factors of production are collectively owned and directed by the state.
Capitalism
Business owners (capitalists) began to organize labor centrally into factories and introduced a division of labor to increase output and profitability.