World History 3- Chapter 22

Question 0

Factory System

Answer 0

Workers put in fixed hours each day for a fix pay

Question 1

Factors of Production

Answer 1

Land, Labor, and Capital

Question 2

Mechanization

Answer 2

Automatic machinery used to increase production

Question 3

Mass production

Answer 3

Producing a large number of a product

Question 4

Bessemer process

Answer 4

Efficient and cheap process to make steal

Question 5

Tenements

Answer 5

Shabby cramped apartments

Question 6

Capitalism

Answer 6

Economic system in which individuals or corporations (instead of government) control the means of production

Question 7

Assembly line

Answer 7

Mass production- individual parts carried from worker to worker

Question 8

Monopoly

Answer 8

One corporation had almost complete control over production or sale of a single good or service (no competition)

Question 9

Cartel

Answer 9

Business combinations to control every stage of an entire industry

Question 10

Free enterprise

Answer 10

People should be free to engage in whatever business they chose. They should be able to run the business for their greatest advantage.

Question 11

Corporation

Answer 11

Groups that people were able to buy stocks in.

Question 12

Laissez-Faire economics

Answer 12

No government regulation of business

Question 13

Humanitarians

Answer 13

Work to improve conditions of others

Question 14

Utilitarianism

Answer 14

Greatest happiness for great number of people

Question 15

Unions

Answer 15

Workers’ associations to bargain on workers benefit

Question 16

Strikes

Answer 16

Workers protest by refusing to work

Question 17

Collective bargaining

Answer 17

Agreements were written into contracts lasting for a fixed period of time

Question 18

Socialism

Answer 18

Political and economic system in which government owns the means of production (almost communism)

Question 19

Democratic socialism

Answer 19

People would move toward socialist ideals naturally and elect socialist representatives; no violent revolt necessary, people retain some control over economic decisions (through election process)

Question 20

Proletariat

Answer 20

Workers

Question 21

Bourgeoisie

Answer 21

Factory owners

Question 22

Communism

Answer 22

Government owns means of production and control all economic decisions

Question 23

Factory Act of 1833

Answer 23

Could not employ children under 9, limited hours for older children. Still not widely enforced, and did not improved wages

Question 24

Jethro Tull

Answer 24

Seed drill

Question 25

Eli Whitney

Answer 25

Cotton gin

Question 26

James Watt

Answer 26

Improved the steam engines

Question 27

George Stephenson

Answer 27

Locomotive- ran on rails

Question 28

Robert Fulton

Answer 28

Steam boat

Question 29

Samuel Morse

Answer 29

Morse Code

Question 30

Adam Smith

Answer 30

“Wealth of Nations” - creation of wealth through agriculture and manufacturing

Question 31

Charles Dickens

Answer 31

Wrote about terrible working conditions in lines and factories criticizing wealthy employers

Question 32

John Stuart Mill

Answer 32

Government should work for good if all its citizens

Question 33

Karl Marx ( and Friedrich Engels)

Answer 33

Utopian socialism impractical and capitalism should be abolished

Believed production would stop without workers