Industrial Revolution 2019

Production of Textiles

Industrial technology was first used in this

Urbanization

Industrialization in the 19th century is MOST associated with

Hand Weaving

An example of the cottage industry

Population of rural areas

Did not increase after the Industrial Revolution.

Many workers have their lives controlled by factory owners.

During the Industrial Revolution the factory system caused...

People in Cottage Industry...

Produced goods out of their own homes

Corporation

A business that raises money by selling shares to investors is called a

Negative Example of Socialism (Innovation)

A second related criticism is that it doesn't reward people for being entrepreneurial and competitive.

Socialism

A system in which society, usually in the form of the government, owns and controls the means of production.

Negative Example of Socialism (Government)

A third possibility is that the government set up to represent the masses may abuse its position and claim power for itself.

Positive Example of Socialism (Labor)

All profits are spread equitably among all workers

Positive Example of Socialism (Employment)

Everyone works at what one is best at and what one enjoys. If society needs jobs to be done that no one wants, it offers higher compensation to make it worthwhile.

Society

Socialists believed that factories, land, capital, and raw materials should be owned by this

Negative Example of Socialism (Relies on People)

The biggest disadvantage of socialism is that it relies on the cooperative nature of humans to work. It negates those within society who are competitive, not cooperative. Competitive people tend to seek ways to overthrow and disrupt society for their own gain.

Increase in Urban Population

The factory system of the early-19th century caused this...

Positive Example of Socialism (Poverty)

The system eliminates poverty. Everyone has equal access to health care and education. No one is discriminated against.

Britain

Where did the Industrial Revolution begin in the late-1700s?

More complex goods would be more available because they could be made more quickly.

Which of these BEST describes the importance of Eli Whitney's development of the practice of using interchangeable parts in manufacturing?

Coal and Iron

Which two natural resources did Great Britain have in large supply that it helped fuel the rise of industry here?

Dramatically changed life in many places

Why do historians call the period of industrialization the "Industrial Revolution"?