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Unformatted text preview: History 5 Lecture 14 Introduction Breaking the Malthusian Cycle A cycle of surpluses and deficits Industrial revolution is the beginning of exponential growth that is supposed to continue indefinitely The beginning of constant change Old identities and new: nobles & peasants bourgeois and proletariat Change never ends, change causes more change Causes of the Industrial Revolution Technology: machines and their engines Two fundamental elements that enabled economic takeoff Substitution of machines for humans Ex. Spinning Jennymachine that makes yarn invented by James Hargreaves, 1764 Multiplies efficiency but is also more regular and precise Doesnt get tired Machine engines that converted pressure into work Initially involved the water mill for clothing industry Ex. Water Frame spinning machine, invented by Richard Arkwright, 1769 Most important is coal power England ran out of wood which is a huge crisis for the government...
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