History Quzzical Notes

Front 1

The Agricultural Revolution

Back 1

Enclosures, crop rotation and Seed drills that are able to plant seeds much faster and less tedious.

Front 2

Enclosure Movement

Back 2

allowed land owners to try different agricultural methods. Large landowners forced small farmers to pay rent or move to cities.

Front 3

Crop Rotation

Back 3

Helped the farmers be able to grow crops all year around without exhausting the soil nutrients.

Front 4

Working Conditions

Back 4

Due to the factory owners not wanting to spend money on he working conditions, the factories were dangerous and often workers would injure themselves.

Front 5

Child Labor

Back 5

Children were forced to work to help their families who were financially challenged. They worked 14 hours a day. From 6am to 10pm

Front 6

Supply and Demand

Back 6

Supply are the goods and Demand are the buyers/consumers. It is a vital aspect of market economy.

Front 7

Economic Systems: Command v Market v Mixed

Back 7

Command: The government controls the cost and manufacturing of goods and products.

Market: The communication of buyers and sellers determine the market clearing price.

Mixed: Both government interference but also market clearing prices included.

Front 8

Thomas Malthus

Back 8

Population increases more than the food supply. There will always be famine, suffering and disease. Marry later and have less children/ which wouldn't happen.

Front 9

David Ricardo

Back 9

Iron Law of Wages- because of large population, owners must pay little to mass majority as opposed to high to small quantity.

Front 10

Adam Smith

Back 10

Law of Self Interest: Work for your own good
Law of Competition: forces people to make better product.
Law of Supply and Demand: Sufficient amount of good produced at the lowest prices to meet a market economy.

CAPITALIST

Front 11

Karl Marx

Back 11

Evolution of Communism. Capitalist System would destroy itself. Factories ruin small businesses. Communistic Revolution. ____

Front 12

Fredrik Engels

Back 12

Believed much like Marx that marriage was prostitution. ______

Front 13

Utilirarianism

Back 13

That a belief that the actions taken are to better the happiness and well being of the majority.

Front 14

Marxism

Back 14

A concept developed by Karl Marx and Fredrik Engels that the Capitalistic

Front 15

Socialism

Back 15

A political and economic concept that believes that all means of manufacture, production, and distributions of goods should be owned by the community.

Front 16

Communism

Back 16

Derived from Karl Marx stating Working vs. Middle Class will cause war and tension. ___________

Front 17

Anarchism

Back 17

Abolish all government to organize a society on a voluntary cooperation with resource to force or compulsion.

Front 18

Laissez Faire Capitalism

Back 18

Economic system where private capital is invested in business ventures with the goal of making profit.

Front 19

Command Economy

Back 19

A command economy is a concept which the government sets the prices, production and manufacturing of goods including tax.

Front 20

Market Economy (capitalism)

Back 20

______________

Front 21

Scarcity

Back 21

having an insufficient resources to produce a certain good.

Front 22

Connection between Imperialism and Industrialisation

Back 22

New ways of thinking or new ideas are brought by imperialism.

Front 23

Social Darwinism

Back 23

" Survival of the fittest" as nature intended.

Front 24

Justifications for Imperialism
(Economic, Social, Religious, Military, Political)

Back 24

Political: to gain power
Economic: Cheap Labor or Resources
Religious
Ideological: To believe one race is better than the other.
Exploratory: to explore and conquer for mapping.

Front 25

Economic resources

Back 25

A good/product or service that is obtained by a mass to benefit future inquiries.

Front 26

Robber Barons

Back 26

A capitalist who acquires wealth my ruthless means.

Front 27

Captains of Industry

Back 27

____________

Front 28

Iron

Back 28

Iron and steel where main elements of creating railroads. For trains to transport goods at fast paces. Subsequently leading to faster progress in industry.

Front 29

Coal

Back 29

Coal used to operate steam engines. Which lead to fast trains which lead to faster transport etc.

Front 30

Railroads

Back 30

Obvious.

Front 31

Rockerfeller

Back 31

Had a near monopoly of the oil industry in 1882.

Front 32

Carnegie

Back 32

______

Front 33

Mass Production

Back 33

________

Front 34

Cottage Industry

Back 34

________

Front 35

La Belle Epoque

Back 35

________

Front 36

Haussman

Back 36

______

Front 37

Howard Zinn and Industrialization

Back 37

__________

Front 38

Unions

Back 38

___________

Front 39

Strikes

Back 39

____________