Third partial Flashcards
Where did the Industrial Revolution bloom?
Britain
Why did the Industrial Revolution first happen in England?
Political, economical and technological stability
What were the two main industries affected by the Industrial Revolution?
Textiles & transport
What were some of the consequences of the Industrial Revolution?
- Growth of cities
- Economical and technological boom
What were some of the problems of city growth?
- Cities weren’t big enough
- Bad living conditions
- Diseases
- Short life span
Disadvantages and problems during the Industrial Revolution:
- Long work schedules
- Children were used
- Mines were dangerous to work in
What were the main causes of the revolutions in 1848?
- Hunger
- Urbanization
- Social classes
- Industrialization
Which event in 1845 was an important influence in the 1848 revolutions?
The economical crisis of 1845, in which many crops failed, food prices increased, and businessmen went bankrupt
What was authoritarianism?
The conservative regimes that favored upper classes
What was liberalism?
The middle classes were excluded from the government; therefore, they wanted more representation and fairness inside the government
What is socialism?
Wanting a better-organized society, as well as resources distributed more equally
Who is the father of socialism?
Karl Marx
What caused the 1848 revolution in France?
- King Louis-Philippe did not change laws
- Food and economical crisis
- Liberals wanted change
The liberals protested in Paris in 1848, which led to what?
The King accepted all of their demands, which was a mistake, because the liberals asked for more
After the Revolution, what became of France?
A republic
After the revolution in France, another constitution was made. After it, who was elected president?
Napoleon III, who later on, in 1852, declares himself emperor
What is the main idea of Laissez-Faire?
Pro-trade: not stopping the flow of goods
What were Adam Smith’s main ideas?
- Self-interest
- Competition
- Markets
What are the main ideas of capitalism?
Factors of production are owned by individuals
What are the advantages of capitalism?
- It rewards entrepeneurs, innovation and hard work
- More people have a say in government
- More social mobility
What are the disadvantages of capitalism?
- Poor people are required
- Bigger population
- People who fail are rooted out
- Leads to exploitation
What is the main idea of utilitarianism?
We should judge people and ideas according to how useful they are to society, and government should take decisions choosing whatever action maximizes the welfare of society