Innovations of the Industrial Revolution Innovations of the Industrial Revolution Preview: –What...
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Transcript of Innovations of the Industrial Revolution Innovations of the Industrial Revolution Preview: –What...
Innovations of the Industrial Innovations of the Industrial RevolutionRevolution
Preview: –What was life like in England What was life like in England
before the Industrial Revolution?before the Industrial Revolution?–What was the Agricultural What was the Agricultural
Revolution? How did it impact Revolution? How did it impact the Industrial Revolution? the Industrial Revolution?
–What was the first industry to What was the first industry to begin to industrialize?begin to industrialize?
Steam Engine: New EnergyNeed for Energy:Need for Energy: Early factories relied on horses,
water; Needed more powerEffects of Steam Engine:Effects of Steam Engine: Steam engine invented by James
Watt; made production faster and more efficient
Improved mining which was used to fuel other industries
Iron and Coal: Energy for the Industrial Revolution
The Need for Iron and Coal:The Need for Iron and Coal: Farm tools, factory machines,
railways, powers steam engines, used to smelt iron—makes pure
Effect:Effect: Britain produced more iron than
all of other countries of world combinedcombined
TransportationThe Need for Better Transportation:The Need for Better Transportation: Pre-Industrial transportation relied on
horses, mules, dirt roads Factory owners want to move goods
quickly & cheaply to increased profitsInnovations:Innovations: Stone, asphalt roads Canals—man-made rivers Railroad—first built in 1829
TransportationEffects of Railroads:Effects of Railroads: Expanded rapidly throughout Britain Cheaper transportation increased
production & profits in factories RR increased other industries: coal,
steam engines, iron, steel
Two New Inventions “Concepts”SteelSteel – Henry Bessemer developed
steel by adding carbon to hot iron – much stronger & lighter than iron
Interchangeable Interchangeable Parts –Parts – Henry Ford developed identical parts to his automobiles that could be easily built on assembly line & easily replaced
Why did Britain lead the Industrial Revolution?
Factors of ProductionFactors of ProductionBritain had all of the FACTORS
OF PRODUCTION necessary for an Industrial Revolution: land, labor and capital (wealth).
Abundant Natural Resources
Industrialized countries needed 3 important natural resources:
• Water-power
• Coal
• Iron Ore
Natural Resources
Water power and coal for the new machines
Iron ore to construct machines, tools and building
Rivers for transportation Harbors for trade
Favorable Geography
Britain is an island nation.
She had many fine harbors and 6,000 merchant ships.
These ships sailed to every part of the globe.
Overseas trade gave Britain access to raw materials and markets.
Favorable Climate For New Ideas
The British were interested in science and technology.
They founded the Royal Society – world famous “club” for exchanging ideas and inventions.
The wealthy British invested in new inventions.
Effective Banking System
•Great Britain had the most highly developed banking system in Europe.
•Encouraged bank loans to invest in new machinery
•Loaning money at a reasonable interest rate encouraged people to invest in new inventions.
•Growing overseas trade
Politically Stable
The British lived in a century of peace. No wars occurred ON British soil in the 1700’s.
Freedom from the expense of war allowed them to concentrate their money on new technology.
Their government favored economic growth.
It passed laws supporting and encouraging new investments.
Colonial Empire:Colonial Empire: Colonies supplied raw materials for
manufactured goods Colonies provided markets for finished
goods to be sold
Advantages of Industrializing First:Advantages of Industrializing First: No other countries were competing for
manufactured goods Had a monopoly on new technology
Huge profits!!
Inventions Revolutionized the Textile Industry
Britain became a world leader in raising sheep
Wool became a major trading product
Cotton becomes popular for lighter weight clothing