Early Civilization



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Industrial Revolution

Adam Smith – economist who believed the government should not have any say in a society’s

economics

Laissez-Faire – “Leave alone”, no government control in economics

Great Britain- where industrial revolution started bec Britain had Land, Labor and capital

Life in Factories, crowded dangerous machines, dirty air to breathe, dark and dangerous

Mass Production- making hundreds of identical and interchangeable items quickly

Assembly Line – product moves from worker to the next while each worker does the same task over and over on hundreds of items per day





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