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Richard Arkwright was an English inventor. He invented a great machine that would spin cotton yarn. He invented the water frame and the spinning frame. -
Thomas Malthus was an English cleric, and economist in the political economy. Thomas believed that the world would be too populated for the agricultural to keep up with the people. He believed that people would starve to death. -
Utilitarianism is a philosophy that promotes things you do if they make you feel good. It basically means that if you are doing the right thing, it will feel good. Jeremy Bentham created this philosophy. -
Socialism is an ideology where everyone ones a little bit of everything. It’s a system that rarely works. Claude Henri de Rouvroy created socialism. -
Social Democracy is an ideology that is similar to socialism, but it has a capitalist framework. Helps make money, and helps those who don’t make much money. Maximilien Robespierre started Social Democracy. -
Interchangeable parts are a very important part of manufacturing. These parts helped lower costs for everything. It made all items have the same parts, so they were cheaper to produce and repair since nothing was custom made.Eli Whitney invented the interchangeable parts. -
Charles Darwin was an English naturalist. Although he didn’t invent anything, he helped science improve in the Industrial Revolution. His ideas, (Social Darwinism) helped people create large companies and successful businesses. -
Henry Bessemer was an English inventor. He invented a much easier process to produce steel. The name of his invention was the Bessemer Converter. -
Corporations are a large company that offers stock for people to buy to become “owners” of that stock. William Gladstone invented the corporation. Modern corporations make tons of money thanks to William. -
Thomas Edison invented the light bulb, the phonograph, and the motion picture camera. He was an excellent inventor from the United States. Thomas Edison was also very hard of hearing. -
Social Darwinism is an ideology that follows Darwin’s rules. Social Darwinism believes in Natural Selection. Charles Darwin started Social Darwinism. -
The automobile is a great invention. It helps everyone get around and get things around. It makes a lot of people money. It was invented by Carl Benz. -
The airplane has been a great invention. The airplane helped love people and goods far away and where people haven’t gone before and in record speeds. The Wright brothers invented the airplane. -
The Assembly line helped revolutionize the auto industry as well as all manufacturing. The assembly line was made by Henry Ford. It made work much more efficient. -
Communism is an ideology where all property is publicly owned. Everyone works and pays what they want and can. Karl Marx created communism.