The Industrial Revolution was fueled by the capitalistic economies in the world. There were some people who developed alternative economic theories in response to the growing divide between the wealthy and the poor. Also, some workers looked to increase their bargaining power in order to improve their wages and work conditions. Take a look at the presentation to find out more. Click the player to begin.
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Labor Unions, Capitalism, Socialism, and Communism Review
See how well you can answer the following questions about the economic theories you just looked at. Read each question or statement and select the best response. Click the player to get started.
Complete the graphic organizer on the characteristics of the different economic systems you have explored. Check it against the answer key when you're done.