Industrial Revolution.pdf

Industrial Revolution
Medieval Period -
system of production
Domestic System
Exploration and discovery
growth of town and cities
emergence of wealthy middle class
demand for luxury item incresed
Domestic system could not cope with the demand
led to the growth of putting out system
precursor to the factory system
Features
middle of 18th century
series of remarkable inventions
led to economic revolution in England
it altered
methods of production
techniques used in production
organisation of production
organisation of distribution
Domestic system was replaced by factory system
Power driven machines replaced manual labour
Small scale production gave way to large scale production
rich merchants- capitalists, owned the capital
Causes
Surplus capital
Stable government and political stability
Agricultural revolution
consolidation of land holding
improved agri-methods
Cheap labour
mechanization of agriculture
unemployed farmers move to cities
unemployment of farmers
ready to work at low wages
Enclosure Movement
land took by rich landlords
Availability of Coal and Iron
available in northern England
New Inventions
mechanization of cotton industry
Hargreave's Spinning Jenny
Kay's Flying shuttle
Arkwright's Water frame
Cartwright's Power loom
Eli Whitney's Cotton Gin
other important invention
Newcomen's Pump and James Watt's Steam Engine
Davy's Safety Lamp for Coal mines
George Stephenson's Steam Locomotive
John Macadam's Road building Techniques
Edison's Incandescent lamp
Graham Bell's Telephone
Marconi's Telegraph
Naval Supremacy
Powerful Navy
56 colonies
Impact
Economic Impact
Urbanisation
Factory System
Division of labour
Capitalism and Economic Disparity
Unemployment
Expansion of trade and commerce
Socialism
Social Impact
Social Inequality
Harsh living condition
Exploitation of workers
Political Impact
Rise of Capitalists
Trade unions
The rise of Imperialism
Colonialism
Sub Topic
Sub Topic