Historical and Economic Concepts Quiz

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Questions and Answers

What years are generally considered to be the First Industrial Revolution?

  • 1650-1750
  • 1750-1840 (correct)
  • 1600-1700
  • 1870-1914

What are the two primary fossil fuels that enabled the First and Second Industrial Revolution?

  • Steam engine and accessible coal (correct)
  • Accessible iron and coal
  • Accessible iron and internal combustion engine
  • Petroleum and internal combustion engine

What is the term used to describe taxes on imports?

  • Protected property rights
  • Tariffs (correct)
  • Mercantilism
  • Representative government

What was the fixed-wealth economic theory that dominated Europe prior to the 18th century?

<p>Mercantilism (C)</p> Signup and view all the answers

What is the term used to describe peasants being removed from common land?

<p>Serfdom (D)</p> Signup and view all the answers

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