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The Industrial Revolution. AD 1700 - 1900. The Beginnings of Industrialization. The Industrial Revolution – refers to the greatly increased output of machine-goods that began in England during the 18 th century. The revolution starts with agriculture
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The Industrial Revolution • AD 1700 - 1900
The Beginnings of Industrialization • The Industrial Revolution – refers to the greatly increased output of machine-goods that began in England during the 18th century.
The revolution starts with agriculture • Enclosures – large fields owned by wealthy landowners. This allowed farmers to experiment • Seed drill – seeds are sown in spaced rows at specific depths • Crop rotation – allowed soil to retain nutrients
Why did the Industrial Revolution start in England • 1. Water power and coal • 2. Iron ore to construct machines • 3. Rivers for transport • 4. Harbors
England had highly developed banking system • Remember the corporations (East India Company) • They took these ideas and used them in domestic business investment Factors of production – land, labor and capital Entrepreneur – organizes, manages, and takes on risks of a business
Inventions • Flying shuttle • Spinning jenny • Cotton gin • Steam engine • Macadam roads • locomotive