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Unit 1 : Industrialization : (Social Development (Reformers (John Srewart…

- - - - James Hargreaves
      - Richard Arkwright
      - James Watt
    - - Created technologies that are still used today
      - Helped advance society
    - - Spinning Jenny
      - Flying Shuttle
      - Water Frame
    - - Child labor
      - Poor life conditions
      - Bad working conditions
- - - - Individuals seek success
      - Supply and Demand
      - Creates an Invisible Hand
      - Competition
      - Labor is source of value
      - Social division of labor
      - Goods and services produced for profit
      - Low Government Interference
      - Drawbacks
        
        Socialism
        
        Charles Fourier
        
        1 more item...
        
        Boom or Bust Cycle
        
        Economic Independence
        
        Social Inequality
        
        Abuse of Workers
      - Wealth of Nations
      - Free Market
- - - - Mary Wollstonecraft
      - Thomas Hobbes
      - Ceasare Beccaria
      - John Locke
      - Jean Jacques Rousseau
      - Voltaire ( aka Francois Arouet )