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Industrial Revolution 1750-1900

Prior to Agricultural Revolution. Substinence Agriculture- Small strip farms ; people farmed just to survive.Necessity fuels changes (Great Britain);Increasing PopulationNeed for more foodImports dropped. Agricultural Revolution. New Farming techniquesEnclosure movementCrop RotationInventi

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Industrial Revolution 1750-1900

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    1. Industrial Revolution 1750-1900 Arose from Scientific Revolution and the Enlightenment periods. (okay for people to think again) Transformed the world like no other time period. Affected all areas of life, especially economically and socially.

    2. Prior to Agricultural Revolution Substinence Agriculture- Small strip farms ; people farmed just to survive. Necessity fuels changes (Great Britain); Increasing Population Need for more food Imports dropped

    3. Agricultural Revolution New Farming techniques Enclosure movement Crop Rotation Inventions/Crops; Seed Drill Cultivator Turnip, Corn and potato No longer had to farm to survive, people could do other things

    4. Textiles (Clothing) More Demand -increasing population Inventions; Spinning Jenny, Power loom, Water Frame, Cotton Gin

    5. Factories Factory System - Mass production Assembly line led to lack of quality and safety hazards Increase in pollution and work related illnesses.

    6. New Energy Sources Coal Mining Steam Engines

    7. Transportation Need to transport more goods and resources Asphalt roads Railroads Steam powered ships

    8. Industrial Revolution ? Great Britain Factors of Production (FOP); Land (resources) coal and Iron ore. Labor (workers) now that people are not farming. Capital (Money and equipment) From Exports/Slave trade. Entrepreneurs (risk takers) investors in new ideas.

    9. Society Less people farming led to increasing populations in the cities. Family structure broke down, women and children now working. Increase in crime. Poor Health conditions due to lack of sanitation. Different Philosophy of Work more emphasis on production changed peoples mindset. Introduced 2 economic systems that dominated the world for the next Century and a half, Capitalism and Communism

    10. Capitalism Capitalism- production, distribution, and exchange of goods to make a profit. Creates a need for (FOP) Land labor and capital. Thrives in a Laissez Faire (Free Market) an economy without Government intervention, allows the natural forces of supply and demand to occur.

    11. Karl Marx & Communist Manifesto (1848) Communist theory was in direct response to Capitalism. Aimed at reducing the class structure (mid-class) No one would be exploited, all wealth should be distributed equally. Everyone puts into the Government and the Government distributes the wealth evenly.

    12. Capitalism An economic system characterized by private or corporation ownership of capital goods, by investments that are determined by private decision rather than state control, and by prices, production, , and the distribution of goods that are determined mainly on the free market

    13. Socialism Any various economic an political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods. No private property A transitional stage between capitalism and communism distinguished by unequal distribution of goods and pay according to work done

    14. Communism A totalitarian system of government in which a single authoritarian party controls state owned means of production with the professed aim of establishing a stateless society Final stage of society in Marxist theory in which the state has withered away and economic goods are distributed equally

    15. The End What will the next hundred years bring in innovations?

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