The industrial revolution
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The document summarizes the key aspects of the Industrial Revolution, including its start in the United Kingdom from 1750-1914 with two periods (1750-1870 and 1870-1914) separated by a major depression from 1870-1900. It describes some of the enabling conditions in England like increased agricultural production and available workforce, as well as factors like trade expansion and technical innovation. Main industrial sectors included textiles, iron production, and railroads. The Industrial Revolution led to the rise of capitalism and a new economic system, and had significant internal and external drivers as well as consequences like decreased craftsmanship and increased concentration of wealth.
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1. The Industrial Revolution began in Great Britain due to a combination of factors including population growth, agricultural advances, trade increases, technological innovations like the steam engine, and Britain's political/social climate.
2. Industrialization then spread to other European countries and later the U.S. and Japan, driven by factors like natural resources, growing populations, transportation infrastructure, and available capital.
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Industrialization Notes
The Industrial Revolution began in Britain in the late 18th century and was driven by technological innovations, new energy sources like steam power, and increases in agricultural productivity. Britain was particularly well-suited for the Industrial Revolution due to its political stability, strong merchant class, accumulation of capital, supply of natural resources like coal and iron, and emphasis on practical science. The Industrial Revolution transformed British society, creating a large middle class and urban working class that faced poor living and working conditions. It subsequently spread across Western Europe and to the United States, profoundly changing social and economic structures globally.
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Business Economics of US is studied where its market and growth from past to present and future challenges to the growth is covered such as depression and debt problems.
Unit 3- The Industrial revolution
The Industrial Revolution was a period of profound economic and social changes, caused by the widespread use of machinery in production. Agrarian, rural societies were transformed into industrial, urban societies.
We can differences two stages, the First Industrial Revolution and the Second Industrial Revolution. Two main social classes became anthagonic: bourgeoise and proletarian
Economic Effects Of The Industrial Revolution
The Industrial Revolution had a major impact on the nature and quality of labor in Europe. While pre-industrial labor was difficult, involving long days, industrial labor was even harder for many to adapt to. Workers faced extremely long hours in factories under difficult conditions for low pay. While the Industrial Revolution increased production, it largely degraded working conditions and standards of living for many at the time.
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UNIT 5 - The Industrial Revolution (Presentation).pdf
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The industrial revolution
- 1. Esther C. Sara G. Candela L. Oriol R. 1st Bat. A
- 2. Index. 1.- General situation. 2.- Period. 3.- The begginings in England. 4.- Main sectors. 5.- The growing of the industry. 6.- The capitalism. 7.- Internal factors. 8.- External factors. 9.- Consequences.
- 3. 1.- General situation. XVIII – XIX centuries. OLD REGIME NEW REGIME POLITIC Autoritarism/ absolutism -------------------------------- Parlamentarism Liberalism ECONOMY Agrary economy (trade/mercantilism) Liberal capitalism SOCIETY Estates (privileged/ no privileged) Class society
- 4. 2.- Period. Start in the United Kingdom in 1750. 1750 – 1914 (1st World War) It had two periods and a big depression. - 1st period: 1750 – 1870. - Big Depression: 1870 – 1900. - 2nd period: 1870 – 1914.
- 5. 3.- The begginings of the Industrial Revolution in England. England had some conditions and special factors: - Conditions: -> Increase of agrary production. -> Workmanship abundant. -> Enough capital. - Special factors: -> Trade expansion. -> Techincal innovation. -> New bussiness mentality.
- 6. 4.- Main sectors. Textile industry. Siderurgic industry. The railroad.
- 7. 5.- The growing of the industry. It generated two Europes: - Industrialized Europe = advanced. - No industrialized Europe = no advanced.
- 8. 6.- The capitalism. 1st period (1750-1870) Crisis (1870-1873) 2nd period (1873-1914) • Familiar origin. •Free trade. •Adam Smith. •1873: outbreak of the Big Depression. •Triggering: overproduction = deflation •Consequencies: unemployement and the financial capitalism. •1873 – 1914: 1st world war. •New sectors (electricity and chemistry) •USA and Japan new world power our of Europe. •It’s a new economy sistem. •It had two periods and a big crisis.
- 9. 7.- Internal factors. Technology and innovation: - Advancement of the industrial machinery. ~ 1785, Cartwright: loom. ~ Withiney: cotton gin. Increase of the poblation -> increase of the demand. Capital accumulation. Empresarial function.
- 10. 8.- External factors. The paper of the education -> highest literacy rate. Better hygiene and health. 1720 -> disappearance of the Black Death. Right politic situation. Oliver Cromwell: 1st middle class revolution.
- 11. 9.- Consequences of the Industrial Revolution. Decrease of the craftmanship. Concentration of riches. Developement of new machines and technologies. Trade Union. More contamination. City grouth.
- 12. THANK YOU FOR YOUR ATTENTION!