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58 Cards in this Set
- Front
- Back
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where does the industrial revolution start
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England
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James Watt invented...
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steam engine that produces power
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James Hargraves invented
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the spinning jenny named after his wife
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Richard Ankwright invented
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the water frame which was more effective than the spinning jenny
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Samuel Compton invented
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the spinning mule which was more effective than the water frame
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Eli whitney invented what and sold to who
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invented interchangeble part muskets that he sold to the army
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the most important part of the railroad was
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actually building it because it was good for labor and the economy
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sole proprietorship
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one person raised all the money
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corporation
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investors invested in the company, could only loose as much as they invested
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protective tariff
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a tax set by the government for importing goods to encourage people to buy from their own country
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James Watt found what in what state
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crude oil in Pennsylvania
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blast furnace
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steel production increased with the invention of the
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allowed business to do whatever it wanted to do
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Laissez Faire
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Liberalism
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concept of the government not interfering in the economy to protect private property
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Natural Law
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Law of supply and demand
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Freedom of contract
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each indivisual is free to negotiate pay and conditions with their employer and any time
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unions
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liberalism does not like
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Adam smith wrote
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wealth of nations, greed is good
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Bourgeoisie
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middle class, liberalism, no titles, not rich
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Thomas Malthus
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invented economics
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Thomas Malthus wrote
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Essay on Population,
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Essay on Population
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people will eventually starve to death because the food population is increasing slower than the human population
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iron law of wages
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wages will always be just enough for a rough over your head and food in your mouth
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david ricardo is from where and came up with what
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england, iron law of wages
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poor law of 1830
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called for the building of work houses
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work houses
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worked 12-14 hours a day, dirty water, horrible food, did this so people would want to get out of the work houses
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outdoor relief
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people would stand in lines outside for small amounts of money
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oliver twist
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book about little boy in a work house to encourage the able body work to avoid the poor houses
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Charles Fournier
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crazy, ocean would turn into lemonade, free love, said he would be in his office everyday waiting for people to give him money
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socialism
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everyone worked and everyone shared
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socialism was tried where
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Plymouth colonies in USA
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Phalanax
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greek military formation of 1800 people, fournier refered to it as the work force, everyone would change jobs 8 times a day and would work 5am-9pm
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Robert Owen
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Scotsman who made conditions better in a cotton Factory, clean water, cut down work day, provided education to children
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where was Owen's factory
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New Lamark Scotland
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result of Owens factory
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got people to do more by improving working and living conditions
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Karl Marx referred to himself as
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scientific socialist, atheist, explain everything with three ideas
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Friedrich Ennels
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supported Marx financially
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Communist Manifesto
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written to encourage workers to rise up and take over
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Das Kapitals
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three volumes, incomplete, define present and past and predict future
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Economic determination
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determines everything else that is going to happen
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Dialected Materialism
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thesis-antithesis-synthesis
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Class struggle
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two classes- those who control means of production and those who don't
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substructure
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means of production
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superstructure
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everything inside determined by the means of production
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George Hegal
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believed in ideas rather than forces
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law of concentration of Capital
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competition between bourgeosie and capitalists, bourgeosie will get smaller in number but richer as time goes on
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the law of increasing misery
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proletariats wil get larger and larger and poorer and poorer
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Alienation
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proletariats will come to the conclusion that they are being exploited and opressed
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trade union conciousness
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people getting screwed try to form labor union
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class conciousness
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recognize the only way to improve conditions in to rise up in violent ways, must over throw capitalism
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dictatorship of the proletariat
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people would work for the good of the people
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socialism
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less of a difference between wages
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communism
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given the amount of money based on need rather than job status
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Vladmir
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Lennin
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Lev Brunstein
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Leon Trotsky
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Josef
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Josef Stalin
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Vanguard Theory
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Lenninism, small group at any given time that has developed class conciousness
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Bolsheviks
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group that decides that vanguard should lead the proletariat, and the class conciousness proletariat should lead the revolution
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