The Industrial Revolution led to economic, social, and political reforms. Many modern social welfare programs developed during this period of reform.
Your Assignment:
1.) Describe the difference between Capitalism and Socialism.
2.) Look at the chart on page 737. Consider the following people from the 19th-century Britain: factory worker, shop owner, factory owner, unemployed artisan. Which of them would be most likely to prefer capitalism and which would prefer socialism? Why?
3.) Which system of economic ideas seems most widespread today? Support your opinion.
Due: Sunday 3/7/10 by no later than 11:59p.m.
