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The Industrial Revolution. 1750s – 1914 By: S tephen H ong. What factors led to the industrial revolution. Factor 1 “The Agricultural Revolution”. They had new crops from the new world. N ew farming methods called Enclosure and New Technologies and knowledge to improve yields.
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The Industrial Revolution 1750s – 1914 By: Stephen Hong
Factor 1 “The Agricultural Revolution” • They had new crops from the new world. • New farming methods called Enclosure and New Technologies and knowledge to improve yields.
Factor 2 “The Domestic System”/Cottage Industry • Small Scale Industry. • Many cloths were made out of wool. • Many men women and children had the skill to spinning, weaving, dying.
Factor 3 New Economic Conditions • Had a high demand for manufactured products. • New Theory – Capitalism
Reason 1Abundant Natural Resources and Food • Because of the Agricultural Revolution we have more food. • A lots more water ways, coal and iron. • Britain supplied lots of additional raw materials.
Reason 2 Large Labor Supply • Faster population growth. • Lots of people to move to the cities looking for jobs because the of Agricultural Revolution.
Reason 3 Britain’s Favorable Government • Parliament makes a new law that helps investment in businesses.
Reason 4 Britain’s Prosperous Middle Class • Entrepreneurs helps invest in company's. • Successful merchants: to sell goods thought out the world.
Reason 5 New Inventions + Already Thriving Textile Industry = Faster Production • People are inventing more products in a faster rate. • Factories had more efficient production because of more people.
Reason 6: Major Inventions to Speed Transportation • The rail roads thought out Britain. • The steam engine. • Canals.
Definition • Textiles : A type of cloth or woven fabric.’ • Industry : Economic activity concerned with the processing of raw materials and manufacture of goods in factories. • Manufacturing : 1.Make (something) on a large scale using machinery: "they manufacture paint"; "a manufacturing company". • Urban :In, relating to, or characteristic of a city or town: "the urban population". • Rural : In, relating to, or characteristic of the countryside rather than the town: "remote rural areas". • Capitalism : An economic and political system in which a country's trade and industry are controlled by private owners for profit. • Entrepreneur : A person who organizes and operates a business or businesses, taking on financial risk to do so. • Labor : Work, esp. hard physical work: "manual labor".