-
Flying Shuttle
John Kay -
Spinning Jenny
James Hargreaves -
Water Frame
Richard Arkwright -
Adam Smith
-wrote The Wealth of Nations, defending the idea of a free economy -
Spinning Mule
Samuel Crompton -
Jeremy Bentham
-introduced the philosophy of utilitarianism -
Utilitarianism
-government actions are useful only if they promote the greatest good for the greatest number of people
-Jeremy Bentham -
Power Loom
Edmund Cartwirght -
Cotton Gin
Eli Whitney -
Capitalism
-money is invested in business ventures with the goal of making a profit
-Adam Smith, Thomas Malthus, David Ricardo -
Socialism
-factors of production are owned by the public and operate for the welfare of all
-Charles Fourier, Saint-Simon -
William Wilberforce
-led the fight for abolition of slavery in Parliament -
Robert Owen
-improved the working conditions for factory employees -
Reform
-Parliament set up a committee to investigate child labor, which led to the Factory Act and the Ten Hours Act -
Abolition of Slavery
-William Wilberforce led the fight to end the slave trade in the British West Indies -
Frederick Engels
-assisted Marx in writing The Communist Manifesto -
Karl Marx
-wrote The Communitst Manifesto, introducing the idea of communism -
Communism
-complete form of socalism
-Karl Marx, Friedrich Engels -
Women
-women led reform movements to address issues concerning them in the workplace -
US
-National Child Labor Committee fought to end child labor in the US
