This man thought the ideas of real socialism were not practical and called those who believed them utopian socialists…he also created communism.
In what country did British workers smuggle in machine plans in order to start the Industrial Revolution?
What greatly increased the output of machine-made goods?
What do you call a person that takes business risks?
What do you call limited ownership rights for a company, sold to raise money?
What was the most important transportation development in the US?
What European country, first riddled with economic and political problems, booms by the mid 1800s?
What country had the following factors to help the Industrial Revolution spread? a) capital b) land c) labor
Who was author of the book, The Wealth of Nations, and known as the father of capitalism?
What caused unemployment to increase?
What two minerals were needed for the Industrial Revolution?
What is communism?
What begins to spread, due to the need for raw materials and new markets?
What is capitalism?
What do you call city-building and movement of people to the city?
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