ECONOMIC IDEAS

WORKING CLASS

INVENTIONS

BUSINESS

RESULTS OF INDUSTRIALIZATION

MISCELLANEOUS

Econ Ideas Working Class INVENTIONS BUSINESS RESULTS MISC. $100 $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $300 Round One should contain one “Daily Double” question. To insert the “Daily Double Screen”, follow these steps: 1. Select the desired button on this slide by clicking on it. Click on SLIDE SHOW  ACTION SETTINGS Make a note of which slide the HYPERLINK is currently set to. In the “Action Settings” dialogue box, change the HYPERLINK to “Daily Double Round 1”. Click OK 6. Now go to Slide “Daily Double Round 1” in this presentation, and follow the directions in the “Notes” section $400 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500 $500

ECONOMIC IDEAS

___ BECAUSE HE BELIEVED 1-100 KARL MARX DESPISED ___ BECAUSE HE BELIEVED THAT IT CREATED PROSPERITY FOR A FEW & POVERTY FOR MANY 1 - 100 $100

1-100A 1 - 100 What is CAPITALISM $100

THE SOLUTION TO POVERTY 1-200 ACCORDING TO ___ THE SOLUTION TO POVERTY & INJUSTICE WAS SHARED OWNERSHIP OF THE MEANS OF PRODUCTION $200

WHO ARE SOCIALISTS $200

$300 THIS THEORY APPLIED THE IDEA OF NATURAL SELECTION TO 1-300 THIS THEORY APPLIED THE IDEA OF NATURAL SELECTION TO DEVELOPMENT OF BUSINESS & SOCIETY $300

1-300A 1 - 100 What is SOCIAL DARWINISM $300

$400 ACCORDING TO ____ ECONOMISTS, THE CURE FOR POVERTY WAS 1-400 ACCORDING TO ____ ECONOMISTS, THE CURE FOR POVERTY WAS AN UNRESTRICTED FREE MARKET $400

LAISSEZ FAIRE or Capitalists $400

$500 This theory believed a struggle between social classes would 1-500 This theory believed a struggle between social classes would lead to a classless society $500

Communism $500

WORKING CLASS

2-100 1 - 100 POPULATION GROWTH IN EUROPE WAS CAUSED BY $100

MEDICINE, HYGIENE, SANITATION, FOOD SURPLUS, ETC. $100

$200 MOST EARLY FACTORY WORKERS WERE ___ B/C OWNERS COULD PAY 2-200 MOST EARLY FACTORY WORKERS WERE ___ B/C OWNERS COULD PAY THEM LESS $200

Who is WOMEN or CHILDREN $200

THE WORKING CLASS IN CITIES LIVED IN APARTMENTS CALLED? 2-300 THE WORKING CLASS IN CITIES LIVED IN APARTMENTS CALLED? $300

TENEMENTS $300

upper middle class citizens 2-400 ANOTHER TERM for the upper middle class citizens that worked in cities $400

Bourgeoisie $400

$500 GROUPS CALLED ___ WERE CREATED TO REFORM CHILD LABOR/POOR 2-500 GROUPS CALLED ___ WERE CREATED TO REFORM CHILD LABOR/POOR WORKING CONDITIONS $500

LABOR UNIONS $500

INVENTIONS

___WERE IMPROVEMENTS OVER CANALS B/C DID NOT HAVE TO FOLLOW A RIVER 3-100 1 - 100 ___WERE IMPROVEMENTS OVER CANALS B/C DID NOT HAVE TO FOLLOW A RIVER $100

What is RAILROADS $100

$200 A PRODUCTION METHOD WHERE WORKERS REPEAT THE SAME TASK 3-200 A PRODUCTION METHOD WHERE WORKERS REPEAT THE SAME TASK OVER & OVER $200

What is ASSEMBLY LINE $200

$300 THIS INVENTION SEPARATED SEEDS FROM THE RAW MATERIAL THAT 3-300 THIS INVENTION SEPARATED SEEDS FROM THE RAW MATERIAL THAT WAS PICKED $300

COTTON GIN $300

Steam became an efficient power source because of improvements made by 3-400 Steam became an efficient power source because of improvements made by $400

James Watt $400

Louis Pasteur perfected 3-500 Louis Pasteur perfected this method of production of milk $500

Pasteurization $500

BUSINESS

A COMPANY THAT SELLS OWNERSHIP OF SHARES TO MANY INVESTORS 4-100 1 - 100 A COMPANY THAT SELLS OWNERSHIP OF SHARES TO MANY INVESTORS $100

What is A CORPORATION $100

Business owners preferred Hiring ______ and _____ 4-200 Business owners preferred Hiring ______ and _____ In their factories. $200

Women/ Children $200

4-300 The first factories developed in what industry $300

Textile (Clothing) $300

4-400 PEOPLE WHO ASSUME FINANCIAL RISK OF CREATING NEW BUSINESSES $400

WHO ARE ENTREPRENEURS $400

4-500 The theory that states "survival of the fittest" in society $500

Social Darwinism $500

RESULTS OF INDUSTRIALIZATION

5-100 1 - 100 DURING THE I.R. PEOPLE MIGRATED FROM FARMS TO ____ $100

CITIES $100

$200 BECUASE IT LACKED POLITICAL STABILITY THIS FORMER 5-200 BECUASE IT LACKED POLITICAL STABILITY THIS FORMER COMMUNIST COUNTRY DID NOT INDUSTRIALIZE AS SOON AS OTHERS $200

What is RUSSIA (SOVIET UNION) $200

THE ___ MOVEMENT ARGUED THAT WOMEN DESERVED THE RIGHT TO VOTE 5-300 THE ___ MOVEMENT ARGUED THAT WOMEN DESERVED THE RIGHT TO VOTE $300

What is THE SUFFRAGIST MOVEMENT $300

THIS IS MEASURED BY THE QUALITY & AVAILABILITY OF NECESSITIES 5-400 THIS IS MEASURED BY THE QUALITY & AVAILABILITY OF NECESSITIES & COMFORTS OF SOCIETY $400

What is the STANDARD OF LIVING $400

The movement of people from farms to cities 5-500 The movement of people from farms to cities $500

Urbanization $500

MISCELLANEOUS

Name one cause of the Industrial Revolution 6-100 1 - 100 Name one cause of the Industrial Revolution $100

1. New inventions 2. New medicine 3. Improved transportation 4. Improved food production 5. etc. $100

6-200 1st people who lived in tenements were part of what class? $200

Working class $200

What are long term effects of the Industrial Revolution 6-300 What are long term effects of the Industrial Revolution $300

1. labor unions 2.cheap products 3.pollution 4.big business 5. public ed. 6. world trade 7. medical care $300

6-400 What were Britain's advantages for the rise of the I.R. $400

$400 1. labor supply 2. natural resources 3. stable govt 4. entrepreneurs 5. transportation etc. $400

6-500 HE INVENTED DYNAMITE & HAS A PEACE PRIZE NAMED AFTER HIM $500

WHO IS ALFRED NOBEL $500

Final Jeopardy ECONOMIC THEORY

HE WROTE THE WEALTH OF NATIONS ADVOCATING LAISSEZ-FAIRE ECONOMICS

Contestants: Please put down your writing tools and wait for further instructions.

WHO IS ADAM SMITH

That's all for today. Good luck on your test!