Warm Up Based on the activity we did last class, who do you think “won” and who do you think “lost” during the Industrial Revolution?

Changing Dynamics Historically = feudalism = Aristocrats have power. Industrialization = capitalism = business owners and managers have power. Responses to these changes = socialism and communism

Ideology “ A system of ideas and ideals, especially one that forms the basis for political policies.”

Defining & Assessing Ideologies Ideology Definition Pros Cons Conservatism Capitalism Socialism Communism