Slide 1Reforming the Industrial World Ch. 9 Sec 4 Slide 2 I. The Philosophers of Industrialization A. Laissez Faire Economics 1. Laissez Faire let owners of industry &…

Slide 1Modern History 112 Moncton High, Mr. Binet Slide 2 The principles of capitalism were developed over time and influenced by writers such as Adam Smith (The Wealth of…

Slide 1 Slide 2 An Age of Reform As industrialized nations grew, many felt that governments should stay out of business’ affairs. While others felt that governments should…

Section 3The Industrial RevolutionPreview Main Idea / Reading Focus New Ideas about Economics Competing Economic Views Effects on Society Quick Facts: Effects of Industrialization…

Slide 1Economic Systems Slide 2 How Does An Economy Work? Nations must answer 3 basic Economic question: What goods and services should be produced? How should the goods…

Slide 1Section 3 The Industrial Revolution Preview Main Idea / Reading Focus New Ideas about Economics Competing Economic Views Effects on Society Quick Facts: Effects of…

BELL RINGER Read page 396 and answer the following questions: How have leisure time activities changed over the years? What type of leisure activities do people engage in…

Chapter 25, Section 4 âReforming The Industrial Worldâ The Philosophers of Industrialization A. Laissez-Faire Economics 1. economic policy of letting owners of industry…