1. Chapter 13: Section 1 New Ideas In little more than 100 years, the Industrial Revolution converted Europe from a farming economy centered in the country to an industrial…

1. Industrial Revolution Philosophers New economic ideas. 2. Laissez – Faire Economics Laissez – faire means letting the owners of businesses set working conditions…

1. The role of map projections in perceptions of power and dominance 2. Mercator’s projection 3. Peters’ projection 4. What are the differences between these two maps?…

1. Industrial Revolution PhilosophersNew economic ideas. 2. Laissez – Faire EconomicsLaissez – faire means letting the owners of businesses set working conditions without…

Slide 1 FC.102 THE FLOW OF ENLIGHTENMENT IDEAS Scientific Rev. of 1600s Slide 2 FC.102 THE FLOW OF ENLIGHTENMENT IDEAS Explanations in context of old theories New findings…

Slide 1A Tale of Two Economists Adam Smith & Karl Marx Slide 2 Key Terms Capitalism - an economic system in which the factors of productions are owned by private individuals…

Slide 1 Why and how….? Slide 2 Referencing  This is very important for Task 1 and then for all other written assignments on this course  It will take time to get…

Slide 1 1 David Ricardo The First Economic Theorist Slide 2 2  David Ricardo (1772-1823) A stockbroker considered the first rigorous economic theorists Made major contributions…

Slide 1 Slide 2 Twenty Five Questions Subject: PSSA Prep Cartwheels and Butterflies Slide 3 Twenty Five Questions 12345 678910 1112131415 1617181920 2122232425 Slide 4 1.…

EVOLUTION OF MANAGEMENT AND ENTERPRISE SYSTEMS1776Adam Smith publishedThe Wealth of Nations.In this, he suggested the specialization of labor as a way for workers to achieve…