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Industrialism, Capitalism & Socialism
• Money invested to make more money is called?
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Industrialism, Capitalism & Socialism
• Money invested to make more money is called?
Answer: Capital
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• What was James Watt famous for perfecting?
Industrialism, Capitalism & SocialismIndustrialism, Capitalism & Socialism
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• What was James Watt famous for perfecting?
• Answer: Steam Engine
Industrialism, Capitalism & SocialismIndustrialism, Capitalism & Socialism
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Industrialism, Capitalism & Socialism
Who was famous for inventing the cotton gin?
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Industrialism, Capitalism & Socialism
Who was famous for inventing the cotton gin?
Answer: Eli Whitney
Industrialism, Capitalism & SocialismIndustrialism, Capitalism & Socialism
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Industrialism, Capitalism & Socialism
Why was the cotton gin such an important invention?
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Industrialism, Capitalism & Socialism
Why was the cotton gin such an important invention?
•Cotton was produced more efficiently
•Able to mass produce goods for a lower cost
•More textiles are available at lower prices
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Industrialism, Capitalism & Socialism
Name the author who wrote novels about the challenges faced by the working people of England in the 1800’s?
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Industrialism, Capitalism & Socialism
Name the author who wrote novels about the challenges faced by the working people of England in the 1800’s?
Charles Dickens
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Industrialism, Capitalism & Socialism
Why did so many factory owners like to hire children?
1._________________________
2._________________________
3._________________________
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Industrialism, Capitalism & Socialism
Why did so many factory owners like to hire children?
1. They could be paid less.
2. They would do dangerous work.
3. Easy to replace.
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Industrialism, Capitalism & Socialism
Why were so many families leaving their farms and villages?
1. _________________
2. _________________
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Industrialism, Capitalism & Socialism
Why were so many families leaving their farms and villages?
1. Farm work was hard to find.
2. The city had factory jobs for them.
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Industrialism, Capitalism & Socialism
Were the men happy about the factories hiring women and children? Why or Why Not?
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Were the men happy about the factories hiring women and children? Why or Why Not?
They were NOT happy about the factories hiring women and children. They felt less important because they thought their families no longer needed them.
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Industrialism, Capitalism & Socialism
List 2 problems factory workers faced during the Industrial Revolution.
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Industrialism, Capitalism & Socialism
List 2 problems factory workers faced during the Industrial Revolution.
Dangerous Working ConditionsPoor Pay
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Industrialism, Capitalism & Socialism
Benjamin Disraeli was famous for what?
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Industrialism, Capitalism & Socialism
Benjamin Disraeli was famous for what?
He was a key player in passing and writing laws to help the working people.
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Industrialism, Capitalism & Socialism
Adam Smith believed in a “hands off” policy for manufacturing and trade. What was that system called?
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Industrialism, Capitalism & Socialism
Adam Smith believed in a “hands off” policy for manufacturing and trade. What was that system called?
Laissez Faire
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What was the role of the Luddites in the Industrial Revolution?
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Industrialism, Capitalism & Socialism
What was the role of the Luddites in the Industrial Revolution?
They were famous for destroying factories and machines. Particularly of factories with reputations for dangerous conditions.
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Industrialism, Capitalism & Socialism
Did the gap between the rich and the poor widened or lessened during the Industrial Revolution? Why?
More Employees!!
More Money!!
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Industrialism, Capitalism & Socialism
Did the gap between the rich and the poor widened or lessened during the Industrial Revolution? Why?
More Employees!!
More Money!!The gap widened. The owners continued to make more money, while the workers continued to make the same insufficient wage.
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Industrialism, Capitalism & Socialism
What was the goal of Socialism?
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Industrialism, Capitalism & Socialism
What was the goal of Socialism?
The goal of Socialism was for the government to take control of the economy, so it could be used to benefit ALL of the citizens.
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Industrialism, Capitalism & Socialism
Karl Marx and Friedrich Engels wrote what famous book?
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Karl Marx and Friedrich Engels wrote what famous book?
Communist Manifesto
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Which system wanted to eliminate private property?
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Industrialism, Capitalism & Socialism
Which system wanted to eliminate private property?