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53 Cards in this Set
- Front
- Back
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Why did early factories like to hire children?
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they could be paid less than adults,were easy to replace, and they did dangerous work that adults refused to do.
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What is a free market?
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an economy where the buyer and seller decide on the price
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From which group of people did most factory workers come?
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peasants
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What happened during the enclosure movement?
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Small fields were combined to make a larger farm.
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Which was an important new source of energy in the 1700's?
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coal
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Who perfected the steam engine?
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James Watt
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After 1500, Europe's population did what?
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grew
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Which inventions helped people make cloth faster and more easily?
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spinning jenny, cotton gin, and water frame
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What is capital?
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money invested to make more money
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Why did early factories like to hire children?
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they could be paid less than adults,were easy to replace, and they did dangerous work that adults refused to do.
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What is a free market?
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an economy where the buyer and seller decide on the price
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From which group of people did most factory workers come?
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peasants
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What happened during the enclosure movement?
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Small fields were combined to make a larger farm.
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Which was an important new source of energy in the 1700's?
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coal
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During the Industrial Revolution, the gap between rich and poor did what?
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The gap between the rich and poor increased.
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Who wrote novels describing the hard life of many people in england in the 1800's?
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Charles Dickens
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What was an achievement of Benjamin Disraeli?
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He passed laws to help working people.
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What were the Luddites most famous for?
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betweem 1811 and 1816, they were a secret society who detroyed factories and weaving machines and when caught, they were hung or sent to Australia
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What did Rober Owen try to establish?
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A perfect community to work in and live in; in 1816 he opened the first day-care for small children of his employees at the at his cotton mill.
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What describes an important aim of socialism?
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Government should control the economy to benefit all citizens.
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What is a strike?
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a protest in which workers agree to stop working
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Who wrote the Communist Manifesto?
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Karl Marx and Friedrich Engels
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What did Communism aimed to abolish?
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They wanted to abolish private property.
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What was Karl Marx's goal?
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Pure equality
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Karl Marx was author of what book?
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Das Kapital
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The United States today is ___.
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capitalist
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What are two socialist ideas that has been adopted by the American capitalist society?
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welfare and Medicare
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communism
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an economic system in which there is no private property, government, or laws
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layoff
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firing many workers at the same time
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proletariat
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workers; working class; the class without property
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strike
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protest in which workers walk off the job until their demands are met
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free market
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an economic system in which money is used to make more money
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union
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a workers' association
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socialism
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an economic system in which there is no private property, government, or laws
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utopia
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an ideal or perfect society
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inflation
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a rise in wages and prices
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layoff
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firing many workers at the same time
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welfare
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government aid tot he poor
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bourgeoisie
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the middle class
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reformer
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a person who tries to improve social conditions
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capitalism
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an economic system in which money is used to make more money
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reformer
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a person who tries to improve social conditions
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capitalism
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an economic system in which money is used to make more money
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utopia
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an ideal or perfect society
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inflation
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a rise in wages and prices
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layoff
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firing many workers at the same time
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welfare
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government aid to the poor
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bourgeoisie
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the middle class
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profit
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leftover money after a business has met its expenses
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Who perfected the steam engine?
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James Watt
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What were problems for factories workers living in cities?
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crime, disease, and poverty
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What is mercantilism?
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controlling trade to make a country rich
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What were some of the ideas that interested Adam Smith?
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supply and demand, division of labor, free markets
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