Industrial revolution results

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Romanticism

19th century artistic movement that appealed to emotion rather than reason

Migration

A movement from one country or region to another

Causes of Urbanization

Changes in farming, population growth, and factory jobs available in the cities

Great Britain / England

First country to industrialize, Most dominant power prior to WWI

Outcomes of the Industrial Revolution

Increased wealth, growth of the middle class, rise in the standard of living, increased life span, increased productivity, Industrial growth

Capitalism

Individuals own the property and means of production in order to make profit

Urbanization

Movement of people from rural areas to cities

Abolition

Movement to end slavery which began to gain ground during the late 19th century

Utopianism

Robert Owen. Goal to create an ideal society based on cooperation and economic self-sufficiency

Communisum

The government owns as operates all property and the means of production on behalf of the people.

Socialism

The people as a whole rather than private individuals own all property and operate all businesses

Industrialization

This gradually changed the way that things were produced, starting in the mid 18th century, but escalating greatly by the mid 19th century with the use of machines

Karl Marx

Wrote the communist manifesto

Charles Dickens

Wrote the novel Hard Times in response to industrialization

Laissez-faire economics

capitalism, supply and demand, government takes a hands off approach to controlling economics

Labor unions

developed in the 19th century in response to wages and working conditions

Slums

extremely densely populated area of a city with low quality housing and poor sanitation

Proletariat

the industrial working class. suffered the worst living conditions during the industrial revolution

Entrepreneurship

the process of starting, organizing, managing, and assuming the responsibility for a business. The foundation of the free market Capitalist economy.


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