Wh 23 Flashcards
In what country did the Industrial Revolution begin?
Great Britain
before the industrial revolution life spans were short and most people did not live in cities
True
What is preforming specialized task at a factory called
Division of labor
The middle class decreased in size and power as a result of the industrial revolution
False
What type of organization began as a result of horrendous working conditions during the industrial revolution
Labor unions
Money to invest in labor
Capitol
individuals and private businesses own production
Capitalism
Person who starts a business
Entrepreneur
Richard arkwright
Water frame
Fredrick taylor
Division of labor
Guglielmo Marconi
Radio
Gottlieb Daimler
Redesigned internal combustion engine to run on gasoline
Karl benz
Patented first commercial successful automobile with internal combustion engine
Depression
Bottom of business cycle, massive unemployment
Collective bargaining
Ability of union representatives to negotiate with employers