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Industrial Revolution Summary GES110

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March 15, 2021
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Written in
2020/2021
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Summary

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The Industrial Revolution

Change in the means of Emergence of factories
Powerful machinery
industrail production to cope with new
changed how
[coal and steam innovations and
manufacturing was
replaced wind and demands for
structured
water] manufactured goods




Shift in economy
New wyas of organizing
[agrarian - industrial]
Denser populations with labour: replaced the
and large-scale
slum areas small manufacturer in
migration to urban
the cottage industry
centres




Poor working class and
wealthy middle class




 Began after 1750 but was preceded by years of evolution towards
industrialization.
 Industrialization in large parts of the world, especially European colonies, was
deliberately discourage and stunted.

Britain: first to
industrialise
Global markets and Agriculturally there
consumers in was a production of
territories surplus




Stable government Food prices dropped -
and parlimentary more money for
o Factors were system manufactured goods

interrelated
o Created perfect
conditions for
industrialization Transportation was cheap
o Increased at a and easy owiing to the
geographically small
Manufactured goods
market expanded
rapid pace country




Large supply of
Population growth -
minerals like coal and
surplus of labour
iron
Large supply of
capital from trade
profits
$7.33
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