new ways of thinking
DESCRIPTION
New Ways of Thinking. Lesson 4 Chapter 7.4 Simulation Day 5 Big Idea: The Industrial Revolution fostered new ideas about business and economics. Objectives. Create a visual representation of New Ways of Thinking during the I.R. Chart information using student created books. Warm Up. - PowerPoint PPT PresentationTRANSCRIPT
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New Ways of Thinking
Lesson 4 Chapter 7.4 Simulation Day 5
Big Idea: The Industrial Revolution fostered new ideas about business and economics
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Objectives Create a visual representation of New Ways of Thinking
during the I.R. Chart information using student created books
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Warm Up
What is an assembly line? What is its purpose?
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Simulation Reformers Picture Book Jigsaw Activity
In groups you will look up different topics and create a picture book depicting those topics
As you research fill out your chart! Then create the picture book from that
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Laissez-Faire Economics
Adam Smith-Wealth of NationsFree market
MalthusPopulation and economyPoor will suffer
Ricardo & WagesPoor had too many childrenNo govt help to poorLimit family size
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Utilitarians
Jeremy Bentham & utilitarianismHelp poor and workers
John Stuart Mill- actions are right if happy, wrong if painVote to workers and women
Labor Unions
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Emergence of Socialism
SocialismMeans of ProductionConnection to
Enlightenment
UtopiansPerfect placeShared workNo social classSelf sufficientRobert Owen
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“Scientific Socialism” of Karl Marx
Karl MarxCommunism
MarxismThe Communist Manifesto “haves” and “have-
nots”Bourgeoisie and Proletariat
FailuresNationalism winsAssumptions on
scientific laws Improved conditions
by reforms
RevolutionsRussiaAsia, Latin America, &
Africa
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Closure
How has the emergence of Laissez-Faire Economics, Utilitarians, Socialism, and “Scientific Socialism” change the Industrial Revolution?