Industrial Revolution-1700's
-Mass production of consumer items
lnreewreductiovi1
Manual labor→machine Teclnoleyy
England geography played an instrule for the start for the industrialFeinuncl+r6G6ARevolution.price
decrecice
-water-Ivon/Coal- capital=Money
positive
Negative
-CreationJobs.
-long hows,lowwages.
-new consuneitems.
-Havsh,unisanifowyworking conditions.
Cheaperproducts.
-Machine replacelabor.
Increase pollution.
-Increasetrade=movehouow
-Introduction Childlabor.
circulating-Rise inthe middleClass.
Adam smith"wealth ofNations"Laissez-Faive-Hands off-Maintevference ofthegovernmentlet the laws ofsupply and demandWork.
Commulism-Classlesssociety,everyone isequal.
Karl Mary Commuist ManifestoIndustrialization only benefited the vichfactory owners.
-workers (paletnist) gain nothing did notbenefit.
workers engage in a violent Revolution andaverHlaw thefoctory (owners) -workers (Establish)
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