The Industrial Revolution. Where did the Industrial Revolution originate?
The Industrial Revolution. Industrial Revolution? Sudden? Meaning? Costs vs. Benefits?
20
The Industrial Revolution
-
date post
20-Dec-2015 -
Category
Documents
-
view
229 -
download
3
Transcript of The Industrial Revolution. Industrial Revolution? Sudden? Meaning? Costs vs. Benefits?
Availability of Capital
• Empire matters
• Investors looking for solidity, not bubbles
• Reinvestment of profits
What made Britain different?
• Single common market
• Common coinage
• Common system of weights and measures
• No internal tolls
• Lack of regulation
Costs
• Old jobs lost
• Societal disruption (mass society)
• Emphasis on punctuality
• Consumer culture
• Pollution