Industrial Revolution Quiz

What was a major environmental impact of the early Industrial Revolution?

• Increased biodiversity

• Sustainable resource management

• Severe damage to ecosystems

• Reduced carbon emissions

• Clean air initiatives

What organization emerged during the Second Industrial Revolution to advocate for workers' rights?

• Labor Unions

• Environmental Protection Agency

• Corporate Governance Boards

• Sustainability Councils

• Ethical Business Networks

What concept gained traction during the Fourth Industrial Revolution to combat waste?

• Traditional Economy

• Capitalist Economy

• Linear Economy

• Market Economy

• Circular Economy

Which of the following regulatory measures was introduced in the Third Industrial Revolution?

• Greater market deregulation

• Increased factory hours

• Stricter environmental regulations

• Diminished corporate accountability

• Limited child labor laws

In the context of the evolving industrial revolutions, what does ESG stand for?

• Energy, Service, and Generosity

• Employment, Security, and Gratification

• Economic, Sustainable, and Green

• Environmental, Social, and Governance

• Efficiency, Sustainability, and Growth

What type of capitalism emphasizes the importance of all stakeholders in a company?

• Stakeholder Capitalism

• Shareholder Capitalism

• Free Market Capitalism

• Market Capitalism

• Global Capitalism

Which of the following was a key social condition during the early Industrial Revolution?

• Enhanced job security

• Fair labor practices

• Employee benefits

• Harsh working conditions

• Universal healthcare

What was one positive response to the growing environmental concerns by companies during the Second Industrial Revolution?

• Ignoring sustainability

• Acceptance of social responsibilities

• Reduced consumer awareness

• Increased pollution

• Decreased labor laws

Which reporting frameworks are companies increasingly required to disclose their ESG performance through?

• Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB)

• Consumer Reporting Standards Agency (CRSA)

• Economic Accountability Guidelines (EAG)

• International Business Reporting Framework (IBRF)

• Financial Accounting Standards Board (FASB)

What significant change related to worker treatment began during the Second Industrial Revolution?

• Abandonment of child labor

• Advocacy for better working conditions and fair wages

• Complete absence of labor unions

• Reduced involvement of government

• Elimination of strikes and protests