Question

what was the industrial revolution?
the rise of absolute monarchs in europe
a period when production shifted from hand tools to machines
the beginning of world exploration
the fall of feudalism

2
multiple choice 2 points
which of the following best describes laissez-faire economics?
the government should control all businesses
workers should own the factories
the government should not interfere in business
all goods should be shared equally

3
multiple choice 2 points
who wrote the wealth of nations and supported capitalism?
adam smith
otto von bismarck
henry ford
karl marx

Explanation:

• Question 1: The Industrial Revolution was a period when production shifted from hand tools to machines. This is a key characteristic of the Industrial Revolution.
• Question 2: Laissez - faire economics means the government should not interfere in business. It is based on the idea of free - market capitalism.
• Question 3: Adam Smith wrote The Wealth of Nations and is a proponent of capitalism. His work laid the foundation for classical economics.

Answer:

1. B. A period when production shifted from hand tools to machines
2. C. The government should not interfere in business
3. A. Adam Smith