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Industrial Revolution Study Guide 15 questions and answers

What were some of the reasons it began in Great Britain? Resources ports,swift rivers, coal, and iron ore. stable govt that encouraged innovation,
surplus of food
What role did entrepreneurs play? Trade created wealth that they used to
invest in new techonolgy/machinery
Why was there a delay in the Ind Rev beginning in Germany? Divided
government
What similarity was there in how it diffused to Belgium and the US?
Workers from Britain brought plans for needed technology
Why did Japan feel the need to industrial during its Meiji Reforms? To
make sure they were not dominated by the western countries
The Ind Rev saw capitalism really take off described by John Smith. What
was the name of the book he wrote? Wealth of Nations
What was the foundation of capitalism? Private ownership and profits
Smith believed in laissez-faire, what did this mean? Government leaves
What was the energy transition during the Ind Rev? Human-water-steam-
businesses alone
People began to see problems with the Ind Rev, what was the name of the
book that Karl Marx and Fredrich Engels write? The Communist Manifesto
What did the ideas of communism and socialism lead to in many parts of
the world in the 20th century? Revolution! (Russian Revolution and many
others)
What did workers begin to form to protest their working conditions? Labor unions
Under communism who should control the profits? The workers
socialism was also an offshoot of this, under socialism who should control
and regulate businesses and the economy? the government
What long term economic effect was caused by the Ind Rev that continues
today? Wealthy countries using poorer countries for the resources and
markets This began the Age of Imperialism

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