agricultural and industrial revolutions agricultural and industrial revolutions
TRANSCRIPT
AGRICULTURAL AND
INDUSTRIAL REVOLUTIONS
AGRICULTURAL AND
INDUSTRIAL REVOLUTIONS
A CHANGE FROM
MANUAL LABOR
TO MACHINES
A CHANGE FROM
MANUAL LABOR
TO MACHINES
ECONOMIC EXPANISON
AND DECLINE IN A
CAPITALIST ECONOMY
ECONOMIC EXPANISON
AND DECLINE IN A
CAPITALIST ECONOMY
HE INVENTED THE
COTTON GIN
HE INVENTED THE
COTTON GIN
FENCING IN PRIVATE AND PUBLIC LANDS
FORCINGSMALL FARMERS OUT OF
BUSINESS AND INTO CITIES
FENCING IN PRIVATE AND PUBLIC LANDS
FORCINGSMALL FARMERS OUT OF
BUSINESS AND INTO CITIES
ENCLOSURE MOVEMENT
NEGATIVE ECONOMIC
GROWTHFOR TWO
CONSECUTIVE QUARTERS
NEGATIVE ECONOMIC
GROWTHFOR TWO
CONSECUTIVE QUARTERS
INVENTED MANY FARM
IMPLEMENTS
JOHN DEERE
INVENTED THE
TELEPHONE
INVENTED THE LIGHT
BULB
INVENTED THE LIGHT
BULB
PERIODS OF PLANTINGAND HARVESTING
PERIODS OF PLANTINGAND HARVESTING
MOO MOO
CONTINUOUS EXPANSION
OF BUSINESS ACTIVITY
INCREASED INVESTMENT SPENDING AND SAVINGS
INDUSTRIAL
CAPITALISM
STEAM LOCOMOTIVE
AND RAIL SERVICE
GEORGE
STEPHENSON
JAMES HARGREAVES
EDMUND CARTWRIGHTSAMUEL CROMPTON
RICHARD ARKWRIGHT
PROCESS OF VULCANIZING
RUBBER MAKING IT RESISTENT TO HEAT AND COLD
A PERSON WHO STARTS
HIS OWNBUSINESS
ENTREPRENEURSENTREPRENEURSENTREPRENEURS
ENTREPRENEURS
ENTREPRENEURSENTREPRENEURSENTREPRENEURSENTREPRENEURSENTREPRENEURS
WIRELESS TELEGRAPHWIRELESS
TELEGRAPH
FIRST SUCCESSFUL FLIGHT
INTERNAL COMBUSTION
POWERED AIRPLANE
WILBURWILBUR
ORVILLEORVILLE
WRIGHTWRIGHT
AGRICULTURAL REVOLUTION
THE MASS PRODUCTIONOF GOODS IN
FACT0RIES
CYRUS McCORMICKCYRUS McCORMICK
TWO OR MORE INDIVIDUALS
COMBINE ASSETS TO OPERATE A BUSINESS
MIDDLE CLASS
FREEENTERPRISE
FREEENTERPRISE
PROWNERSHIP
INDIVIDUAL PROFIT
INDIVIDUAL PROFIT
PRIVATE OWNERSHIPOF PROPERTY
PRIVATE OWNERSHIPOF PROPERTY
GOVERNMENT SHOULD STAY
OUT OF BUSINESS AFFAIRS
PROBLEMS OF THE
INDUSTRIAL REVOLUTION
POLLUTIONCHILDLABOR
LONGHOURS
LOWWAGES
LATE 19TH CENTURYREASON FOR LARGENUMBERS OF POOR PEOPLE IN THE NEWINDUSTRIAL SOCIETY
HE INVENTED THE PROCESS
FOR PRODUCING STEEL MORE
CHEAPLY
HENRY BESSEMER
REPLACING MALFUNCTIONING
MACHINERY COMPONENTSWITH EXACT
SPECIFICATIONS
INTERCHANGEABLEPARTS
INVESTMENTS TO BUY TOOLS,MACHINERY, AND FACTORIES
FINANCIALRESOURCES
CAPITALCAPITAL
WHEN INDIVIDUALS DEVELOP DEFINED
JOB SKILLSAND SPECIALIZE IN
ONE TASK
DIVISION OFLABOR
TELEGRAPH
SAMUELMORSE
WHEN A SINGLE PERSON RISKS
ASSETS TO START AND OPERATE
A BUSINESS
SOLE PROPRIETORSHIP
WORK STOPPAGE
STRIKE
A PERCENTAGE OF
CORPORATE PROFITSPAID TO
STOCKHOLDERS
DIVIDEND
DIVIDEND CHECK
INVENTED A BALLOON LIKE FLYING MACHINE
TO CARRY PASSENGERS
FERDINAND von ZEPPELIN
NAME THE FOUR
PERIODS OF THE
BUSINESS CYCLE
NAME THE FOUR
PERIODS OF THE
BUSINESS CYCLE
BOOMRECESSION
CONTRACTIONEXPANSION
INVENTED THE
FLYING SHUTTLE
JOHN KAY
WHEN PEOPLE TRAVELED
TO THE SAME LOCATION
(IN THE CITY)
INVENTED
AN
EFFICIENT
STEAM
ENGINE
THE FACTORS OF
PRODUCTION ARE
INVENTED THE
ELECTRIC GENERATOR
INVENTED THE
ELECTRIC GENERATOR
MICHAEL
FARADAYMICHAEL
FARADAY
WET CELL
BATTERY
ALEXANDER
VOLTA
A BUSINESS WHOSEOWNERS ARE
SEPARATEFROM THE PEOPLE
WHO OWN AND OPERATE IT
CORPORATIONCORPORATION
A CERTIFICATE OF OWNERSHIP
IN A CORPORATION
THE WORKING
CLASS
THE “PRODUCERS”OF A SOCIETY
PROLETARIATPROLETARIAT
WORKERSBARGIN
WITH MANAGEMENT
AS ONE
INDIVIDUAL
HE DEVELOPED AN EFFICIENT
GAS POWEREDINTERNAL COMBUSTION
ENGINE
GOTTLIEB DAIMLER
HE INVENTED AN INTERNAL
COMBUSTION ENGINE THAT
RUNS ON FUEL OIL
RUDOLF
DIESEL