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A summary of the Industrial Revolution
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The Industrial RevolutionChange in the means of Emergence of factories
Powerful machinery
industrail production to cope with new
changed how
[coal and steam innovations and
manufacturing was
replaced wind and demands for
structured
water] manufactured goods
Shift in economy
New wyas of organizing
[agrarian - industrial]
Denser populations with labour: replaced the
and large-scale
slum areas small manufacturer in
migration to urban
the cottage industry
centres
Poor working class and
wealthy middle class
Began after 1750 but was preceded by years of evolution towards
industrialization.
Industrialization in large parts of the world, especially European colonies, was
deliberately discourage and stunted.
Britain: first to
industrialise
Global markets and Agriculturally there
consumers in was a production of
territories surplus
Stable government Food prices dropped -
and parlimentary more money for
o Factors were system manufactured goods
interrelated
o Created perfect
conditions for
industrialization Transportation was cheap
o Increased at a and easy owiing to the
geographically small
Manufactured goods
market expanded
rapid pace country
Large supply of
Population growth -
minerals like coal and
surplus of labour
iron
Large supply of
capital from trade
profits
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