Industrialism, Capitalism & Socialism Money invested to make more money is called?

Industrialism, Capitalism & Socialism Money invested to make more money is called? Answer: Capital

What was James Watt famous for perfecting? Industrialism, Capitalism & Socialism

What was James Watt famous for perfecting? Answer: Steam Engine Industrialism, Capitalism & Socialism

Who was famous for inventing the cotton gin?

Industrialism, Capitalism & Socialism Who was famous for inventing the cotton gin? Answer: Eli Whitney Industrialism, Capitalism & Socialism

Why was the cotton gin such an important invention?

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

Industrialism, Capitalism & Socialism Name the author who wrote novels about the challenges faced by the working people of England in the 1800’s?

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

Industrialism, Capitalism & Socialism Why did so many factory owners like to hire children? 1._________________________ 2._________________________ 3._________________________

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.

Industrialism, Capitalism & Socialism Why were so many families leaving their farms and villages? 1._________________ 2._________________

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.

Industrialism, Capitalism & Socialism Were the men happy about the factories hiring women and children? Why or Why Not?

Industrialism, Capitalism & Socialism 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.

Industrialism, Capitalism & Socialism List 2 problems factory workers faced during the Industrial Revolution.

Industrialism, Capitalism & Socialism List 2 problems factory workers faced during the Industrial Revolution. Dangerous Working Conditions Poor Pay

Industrialism, Capitalism & Socialism Benjamin Disraeli was famous for what?

Industrialism, Capitalism & Socialism Benjamin Disraeli was famous for what? He was a key player in passing and writing laws to help the working people.

Industrialism, Capitalism & Socialism Adam Smith believed in a “hands off” policy for manufacturing and trade. What was that system called?

Industrialism, Capitalism & Socialism Adam Smith believed in a “hands off” policy for manufacturing and trade. What was that system called? Laissez Faire

Industrialism, Capitalism & Socialism What was the role of the Luddites in the Industrial Revolution?

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.

Industrialism, Capitalism & Socialism Did the gap between the rich and the poor widened or lessened during the Industrial Revolution? Why? More Employees!! More Money!!

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.

Industrialism, Capitalism & Socialism What was the goal of Socialism?

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.

Industrialism, Capitalism & Socialism Karl Marx and Friedrich Engels wrote what famous book?

Industrialism, Capitalism & Socialism Karl Marx and Friedrich Engels wrote what famous book? Communist Manifesto

Industrialism, Capitalism & Socialism Which system wanted to eliminate private property?

Industrialism, Capitalism & Socialism Which system wanted to eliminate private property?