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Questions and Answers
According to Adam Smith, what role does government play in a thriving economy?
According to Adam Smith, what role does government play in a thriving economy?
What is the central argument of Karl Marx's 'Communist Manifesto'?
What is the central argument of Karl Marx's 'Communist Manifesto'?
How did the Meiji government's industrialization policy differ from Adam Smith's laissez-faire principles?
How did the Meiji government's industrialization policy differ from Adam Smith's laissez-faire principles?
What impact did the industrial revolution have on the social structure of Japan during the Meiji period?
What impact did the industrial revolution have on the social structure of Japan during the Meiji period?
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According to Adam Smith, how does the 'invisible hand' regulate the economy?
According to Adam Smith, how does the 'invisible hand' regulate the economy?
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How did Karl Marx explain the rise of the proletariat (working class) during the industrial revolution?
How did Karl Marx explain the rise of the proletariat (working class) during the industrial revolution?
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What was the primary consequence of the Russo-Japanese War for Japan?
What was the primary consequence of the Russo-Japanese War for Japan?
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What is Adam Smith's view on the origin of the value of goods?
What is Adam Smith's view on the origin of the value of goods?
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What was one of the main factors that contributed to the surge of industrialization in 18th century Britain?
What was one of the main factors that contributed to the surge of industrialization in 18th century Britain?
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Which innovation was essential for fully mechanizing cloth production by the 1800s?
Which innovation was essential for fully mechanizing cloth production by the 1800s?
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How did the Agricultural Revolution contribute to industrialization?
How did the Agricultural Revolution contribute to industrialization?
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What key event opened Japan to US business interests in the 19th century?
What key event opened Japan to US business interests in the 19th century?
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Which invention by James Watt significantly changed the reliance on waterways?
Which invention by James Watt significantly changed the reliance on waterways?
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What was one of the goals of the Meiji Restoration in Japan?
What was one of the goals of the Meiji Restoration in Japan?
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Which of the following innovations improved quality and lowered costs in various industries?
Which of the following innovations improved quality and lowered costs in various industries?
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What was a result of urbanization during the Industrial Revolution?
What was a result of urbanization during the Industrial Revolution?
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What did the manifesto propose as a means for the proletariat to gain control over production?
What did the manifesto propose as a means for the proletariat to gain control over production?
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According to Marx, what is a result of the bourgeoisie constantly revolutionizing production methods?
According to Marx, what is a result of the bourgeoisie constantly revolutionizing production methods?
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What primary benefit does Adam Smith attribute to free markets?
What primary benefit does Adam Smith attribute to free markets?
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Which challenge does Marx identify in his theories related to social justice?
Which challenge does Marx identify in his theories related to social justice?
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In urbanization, what traditional role did married women hold?
In urbanization, what traditional role did married women hold?
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What challenge did children of middle-class and wealthy families face during urbanization?
What challenge did children of middle-class and wealthy families face during urbanization?
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Which of the following was a significant social issue during urbanization?
Which of the following was a significant social issue during urbanization?
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What was a common condition in neighborhoods affected by urbanization?
What was a common condition in neighborhoods affected by urbanization?
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Flashcards
Zaibatsu
Zaibatsu
Private investors who bought state-owned factories in Meiji Japan.
Laissez-faire Capitalism
Laissez-faire Capitalism
An economic system with minimal government interference in markets.
Invisible Hand
Invisible Hand
Concept where individual self-interest benefits society's economy.
Division of Labor
Division of Labor
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Proletariat
Proletariat
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Economic Inequality
Economic Inequality
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Market Forces
Market Forces
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Industrial Revolution Impact
Industrial Revolution Impact
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Industrialization
Industrialization
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Agricultural Revolution
Agricultural Revolution
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Urbanization
Urbanization
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Spinning Jenny
Spinning Jenny
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James Watt's Steam Engine
James Watt's Steam Engine
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Treaty of Kanagawa
Treaty of Kanagawa
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Meiji Restoration
Meiji Restoration
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Interchangeable Parts
Interchangeable Parts
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Abolition of Individual Property
Abolition of Individual Property
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Marx's View on Bourgeoisie
Marx's View on Bourgeoisie
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Adam Smith's Economic Theory
Adam Smith's Economic Theory
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Challenges of Marx's Ideas
Challenges of Marx's Ideas
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Urbanization's Impact on Women
Urbanization's Impact on Women
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Child Labor Movements
Child Labor Movements
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Education for Wealthy Children
Education for Wealthy Children
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Social Issues of Urbanization
Social Issues of Urbanization
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Study Notes
The Industrial Revolution (SSWH15)
- Industrialization began in 12th century Song China but surged in 18th century Britain due to ample resources (coal, iron, waterways, and harbors).
- The Agricultural Revolution, starting in the 18th century, resulted from exploration and changes to land ownership. This led to traditional rights on common land being ended.
- Increased efficiency, population growth, and displacement led to urbanization. Crop rotation and selective breeding were crucial aspects in this.
- Capital and labor were key factors in Industrialization, along with the development of division of labor and mass production in Britain.
- Industrialization saw rapid mechanization in the textile industry. Key inventions included: the spinning jenny (1764), water frame (1769), power loom (1784), and the cotton gin (1793).
- Innovations like steam power, interchangeable parts, and improved iron production boosted efficiency and lowered costs. James Watt's steam engine (1764) reduced dependence on waterways. This innovation was enhanced by Eli Whitney's interchangeable parts (1801) spreading to other industries.
- The Treaty of Kanagawa (a treaty that granted Japan trading privileges) marked a significant turning point in Japan. That treaty opened Japan to US business interests, but also led to rebellion against the shogun who was seen as incompetent.
- In 1868, the Meiji Restoration was formed to prevent Japan from falling victim to imperialism.
- Japan made reforms: students studied in the US, Britain, and Germany; established public education, modern armies, navies, and governments. State owned factories were sold to private investors called zaibatsu to fund these reforms.
- Japan became an imperial power by 1900. The rise of a new urban middle class occurred along with the decline of old social order. The Russo-Japanese War (1905) impacted Japan's modern status.
Adam Smith's Economic Ideas
- Adam Smith criticized mercantilism and advocated for laissez-faire capitalism.
- Individual self-interest leads to societal benefits when government has minimal economic interference.
- Division of Labor: Specialization greatly increased productivity (e.g., pin manufacturing).
- Invisible Hand: Self-interest promotes economic well-being through the production of desired goods.
- Market Forces: Free markets automatically regulated themselves via supply and demand, ensuring efficiency.
- Limited Government Role: Government intervention was needed only to protect rights, enforce contracts, and provide public infrastructure.
- Value and Labor: Goods' value stemmed from the labor involved in production.
- Economic Growth: Wealth creation enhanced living standards, focusing on goods and services.
Karl Marx's Economic Ideas
- Karl Marx argued that economic inequality drove class struggles and predicted a revolution by the working class against the capitalist class.
- Marx emphasized the rise of the bourgeoisie and the proletariat as the two primary classes in society during the transition from feudalism to capitalism.
- The industrial revolution led to unprecedented developments in production, commerce, and industry. This displaced the feudal system and traditional guilds.
- The proletariat (working class) was growing and becoming more concentrated, which would give greater power to their collective action.
- Working class conditions worsened due to competition within capitalism, leading to poverty (pauperism).
- The manifesto called for the abolition of individual property as a necessary step for the working class to control production and address class inequality.
- Marx emphasized constant revolutionizing of production by the bourgeoisie that leads to social instability and erosion of traditional social relations.
Social Impact of Urbanization, Women, and Children
- Married women were primarily homemakers, mothers, and moral figures within their families.
- Social movements emerged to end child labor and improve lives of the poor.
- Children from middle and wealthy classes were educated to work in jobs similar to their parents.
- Pollution was a significant problem in urban areas.
- Men, women, and children worked in various factories and facilities.
- Diseases and fires were common in urban neighborhoods. Some areas were known as "Hell's Kitchen".
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Description
Explore the fascinating developments of the Industrial Revolution, which began in 12th century Song China and flourished in 18th century Britain. Discover key innovations such as the spinning jenny and steam power that transformed industries and society. This quiz covers the pivotal changes in agriculture, mechanization, and urbanization during this transformative era.