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C. New Inventions in the textile industry speed production. In 1793, Eli Whitney invents the cotton gin which increased cotton production and made it more profitable. Whitney is also famous for developing interchangeable parts.
D. As factories and technology increased the price of goods decreased.
4. Robert Owen -Owen believed that a Utopian (perfect world) society could be established on earth and tried establishing a Utopian community.
5. Karl Marx -Marx believed that the proletariat class (common workers) should own the wealth of a nation. His most famous book The Communist Manifesto becomes the basis for communism during the 20 th century.