Industrial revolution

What is socialism?

A political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole.

What were the Factory Acts?

A set of new laws created by Parliament, designed to help improve the lives of the workers

What is capitalism?

An economic system based on private property and free enterprise.

What were the social effects of the Industrial Revolution?

Benefits: 1) created jobs 2) created a new middle class (bourgeoisie) Challenges: 1) crowded cities 2) labor organizations illegal 3) factory workers lived and worked in unpleasant dangerous conditions 4) women and children worked

What were Thomas Malthus' ideas on population?

He didn't think government should help the poor

What was life in the city like during industrial times?

It was overcrowded, diseased, polluted

What are the goals of communism?

No social classes, means of production are shared, no private property

Social changes brought by the industrial Revolution?

Rapid population growth, people moving to cities, rise of the middle class, rise of socialism, formation of organized labor/unions

What were the advancements of the industrial Revolution?

Spinning Jenny, water frame, and flying shuttle

What was the first industry to become industrialized?

Textile

What is industrialism?

The development of industries for the machine production of goods.

How did Socialist want to cure poverty?

They wanted people to own and operate a shared market

What are tenements?

Urban apartment slums where many immigrants lived

What is the relationship between urbanization and industrialization?

Urbanization brought industrialization

What were the conditions of child labor?

negative