britian industrial rev spark notes

britian industrial rev spark notes - Manufacturing business...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Manufacturing, business, and the number of wage laborers skyrocketed, starting a trend that would continue into the first half of the 19th century. Meanwhile, technology changed: hand tools were replaced by steam- or electricity-driven machines. The economic transformation brought about the British industrial revolution was accompanied by a social transformation as well. Population boomed, and demographics shifted. Because industrial resources like coal and iron were in Central and Northern England, a shift in population from Southern England northward took place. Northern cities like Manchester grew tremendously. These changes in social and demographic realities created vast pressure for political change as well. The first act to protect workers went into affect in 1802 (though in practice it did very little). Pressure to redress the lack of representation for the new industrial cities and the newly wealthy industrial manufacturers also began to build. Meanwhile, industrialists developed an ideology called Laissez Faire based on Adam Smith's Wealth of Nations (1776) and continued by David Ricardo and Robert Malthus. Based on this, the discipline known as "economics" developed, largely to give the manufacturers a basis for arguing for little or no regulation of industry. Instead of
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 2

britian industrial rev spark notes - Manufacturing business...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online