MWH Ch. 7 Do Not Write on the Test McCrery 2013 Select the word or phrase that BEST answers the question 1. A major result of the Industrial Revolution C in Western Europe was that: A. Communism replaced capitalism as the dominant economic system B. The middle class increased in number and in power C. The population in cities declined D. Traditional attitudes and values were strengthened 2. Which has been a major result of the industrialization of Western Europe? A. Increased political power for the nobility. B. Ever increasing gap between the very rich and the very poor. C. Shift in wealth from northern to southern European nations D. Shrinking influence of the middle class 3. An important result of the Industrial Revolution in 19th- century western Europe was that: A. Migration to rural areas increased B. The gap between the wealthy and the poor decreased C. The supply of unskilled labor decreased D. Urbanization increased rapidly 4. The most basic difference between socialism and capitalism concerns the issue of: A. Inflation B. Private versus public ownership of industry C. Support for public education D. The introduction of modern technology 5. “The average worker can never obtain more than a minimum level of living. The worker is deprived of the wealth he himself has created. The state is a committee of the bourgeoisie for the exploitation of the people.” The ideas in the quotation would most likely be expressed by a: A. Christian humanist B. Laissez-faire capitalist C. Marxist socialist D. Mercantilist 6. Consider the following changes that occurred in Western Europe in the late 19th century: Increases in Industrial production; labor demands led to increased immigration from Eastern Europe; advancements in networks of railroad and streetcar lines. These changes led to the: A. acquisition of overseas territories. B. elimination of large suburbs around many cities. C. movement of people from the urban to the rural areas. D. rapid growth of urban areas. 7. As a strong supporter of this movement, you believe that an individual’s value should be directly linked to his/her contribution to the betterment of this. A. Socialism / society B. Utilitarianism / factory C. Utilitarianism / society D. Communism / government 8. A development that changed the world, it made the transportation of raw materials and finished products faster than ever before. A. Steam Boats B. Canal Boats C. Railroads D. None of these 9. Because Britain had this, smart people had economics to think about. A. Trains B. A lack of money C. Political Stability D. Absolute Monarchy E. All of these 10. Many early textile mills employed this resource to power their factories. A. Running water B. Gasoline C. Electricity D. Natural Gas 11. As a child in Early 1800’s England, chances are you spend most of your time here… A. School B. Home C. Factory D. The park E. None of these 12. Entrepreneurs were willing to take financial risks. In a sense, they traded money for… A. Votes B. % of the profit C. Finished products D. Raw Materials E. All of these 13. Early labor organizations understood the value of “strength in numbers.” Rather than individuals negotiating their wage, this was used to negotiate fair compensation for all employees. A. Unions B. Strikes C. Collective Bargaining D. Scabs E. None of these 14. By paying the recently formed middle class a slightly higher wage, new ‘entertainment’ industries like motion pictures and professional sports became prominent. What is the name given this new available cash? A. Spending Money B. Disposable Income C. Thrifty Income D. Petty Cash 15. A manufactured good is replaced by a newer, improved model, the reason is probably… A. Trade B. Available Capital C. Competition D. Available markets E. None of these 16. Which one of these is NOT a factor of production? A. Land B. Capital C. Labor D. Trade 17. Factory workers were often subject to which of the following? A. Long Hours B. Poor work conditions C. Low wages D. A, B and C are correct E. None of these 18. Adam Smith argued that 3 laws of economics guided free enterprise. Which of these is not one of Smith’s laws? A. Self Interest B. Capitalism C. Competition D. Supply & Demand 19. Jeremy Bentham was a strong supporter of this idea… A. Communism B. Socialism C. Utilitarianism D. Capitalism E. Marxism 20. Jane Addams was part of the social reform movement in Chicago. She’s responsible for... A. Settlement Houses B. Soup Kitchens C. Women’s rights D. An increase in women’s wages E. None of these 21. Adam Smith encouraged gov’ts to avoid intervening in economic matters. That’s called… A. Utilitarianism B. Socialism C. Communism D. Laissez-faire E. Marxism 22. Friedrich Engels and this man are responsible for “The Communist Manifesto.” A. Adam Smith B. Robert Owen C. John Stuart Mill D. Horace Mann E. Karl Marx 23. The middle class is a creation of industrialization. By paying a slightly higher wage to certain workers, people had money to spend on better housing, appliances, and entertainment. Which of the following individuals would not be considered part of the new “middle class”? A. Shippers B. Skilled workers C. Factory foremen D. Factory owners E. Merchants 24. As a result of the poor conditions many laborers faced early on in industrialization, many sought strength from membership in a… A. Union B. Social club C. Gang D. Political party E. None of these 25. A fuel used in early factories; an abundance of it found in Great Britain led to a boom in industrialization A. Iron Ore B. Water C. Coal D. Wood E. Oil MATCHING match the following individuals with the quote that is most likely theirs A. Robert Owen B. William Wilberforce C. Thomas Malthus D. David Ricardo E. Horace Mann 26. “Poor will always be poor because of simple supply & demand.” 27. “In my Socialist style factory, no children under ten work for me, they all go to school.” 28. “War’s & Disease are necessary to control the population.” 29. “Slavery within Great Britain and her territories should be abolished forever!” 30. “Education should be available to all children, not just the rich!” TRACE using letters A-E like numbers 1-5, put the following in chronological order. 31. 32. 33. 34. 35. Industrialization Introduction of Farming Increased Demand for manufactured goods Increase in the Food Supply Increase in the population EXTENDED RESPONSE 36. Explain 4 conditions present in both Great Britain and the United States that allowed industrialization to succeed. (4pts) 37. Explain Adam Smith’s three laws of economics. (3pts)
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