Match the inventor to his invention. Warm Up Match the inventor to his invention. James Watt Thomas Edison Henry Bessemer Eli Whitney Louis Pasteur Steel making process Discovery of bacteria Steam engine Light bulb Cotton gin

Impact of the Industrial Revolution Positive Negative

More and Better Education

Poor working conditions for the lower classes

Better forms of transportation

Higher standard of living

Environmental pollution

Population Increase

Urbanization

Growth of the middle class

Capitalism Vs. Communism Economic system in which property is publicly owned and everyone works and is paid according to their ability and needs Economic system in which a country's trade and industry are controlled privately for profit Capitalism Vs. Communism

“It is not from the benevolence of the butcher, or the baker that we expect our dinner, but from their regard to their own interest.” – Adam Smith

“The proletariat have nothing to lose but their chains “The proletariat have nothing to lose but their chains. They have a world to win. Workingmen of the countries, unite!” – Karl Marx

Capitalism Vs. Communism complaints of unequal wealth distribution Government Controls the Factors of Production Redistribution of Wealth The Communist Manifesto Entrepreneurs Free Market competition Capitalism Vs. Communism