Chapter 25 - The Industrial Revolution

Richard Trevithick

________, an English engineer, won a bet of several thousand dollars in 1804.

Entrepreneurs

________ raised funds by selling shares of stock or certain ownership rights.

John Kay

________, a machinist, created a shuttle that sped back and forth on wheels in 1733.

capitalist system

The ________, which gave birth to the Industrial Revolution, Marx predicted, would inevitably destroy itself in the following way.

British factory owner

A(n) ________ named Robert Owen improved working conditions for his employees after being shocked by the misery and poverty of the working class.

French Enlightenment economists

________ were the originators of laissez- faire economics.

Watt

________ devised a method for making the steam engine function quicker and more efficiently while using less fuel in 1765.

steam powered locomotive

In a(n) ________, he (Richard Trevithick) hauled ten tons of iron across nearly ten miles of track.

Jeremy Bentham

________, an English philosopher, amended Adam Smith's theories.

Owen

________ erected houses near his cotton mill in New Lanark, Scotland, and rented them out at affordable prices.