1. Introduction
The Industrial Revolution (ca. 1760 – 1850) was seen as the cause of the first phase of globalization, because it initiated the start of sustained economic growth. There will be a discussion explaining why the Industrial Revolution occurred in the Britain and not any other country in the world, ending with a conclusion as to why it did not happen in Africa. There will also follow a short discussion on what accountants were responsible for in Europe during the Industrial Revolution. The Global Economic History – a very short introduction will be used to answer the statements mentioned above.
2. The Industrial Revolution
The largest factor that caused the Industrial Revolution was technological change. New and better machines were invented, like the steam engine and cotton weaving machines, and new processes were introduced, like melting and reforming steel or iron by burning coal and not wood. As a result, labour productivity increased, that led to long lasting economic growth, more specifically, a growth in Gross Domestic Product (Allen, 2011: 27).
During the eighteenth century, England had access to large quantities of coal and thus had the largest coal mining industry in the world during that time. This resulted in England possessing the cheapest energy source during the 1700’s. Other countries
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Reasons as to why it did not occur here, is probably because African countries did not possess a sophisticated economic system to deal with the changes that the Industrial Revolution would have brought, like an increasing need for accounting. It is possible that Africa would have possessed a large coal mining industry like the one in Europe, but it lacked the technology to mine for this coal. Finally, it is possible that African people were not as initiative as Europeans in the creation in new technologies. This is why the Industrial Revolution took place in Europe, and not
Another Key factor in the Industrial Revolution was increases in transportation modes and availability of transportation. England’s first phase of canal building during the 1700s was crucial for industrialization. Canals made factories cost effective. Factories could then be built anywhere with materials easily shipped to that factor, utilize the steam engine to efficiently produce the product, and transport that products to market just easily. Transportation made mass production cost-effective and widened the market from the local to the national.
Before Industrialization the world functioned off of the Biological Old Regime. Places functioned off of trades and labor that had to be done by hand. This being the case agriculture was the most prevalent and important means of survival and trade for each place around the world, but with agriculture limits were at hand at each place on what and how much could grow there. China and India became increasing powerful doing this time. China developed a rich powerful economy from trading its silk and India developed the same for its trades in its spices.
In the 1800 and the early 1900s, the industrial revolution changed the world in many ways that have shaped our country to this day. The industrial revolution helped our country by making our military stronger and also made our country more because of this imperialism became bigger and bigger throughout the years. The causes of World War I were Militarism, nationalism, alliances, assianation, and imperialism. The most important cause was militarism because if you don't have a strong military then other countries will attack you because you are a weak target.
Many sources led to the Industrial Revolution including new production requirements and technological enhancements. For example, labor was changing in ways that workers were to do very little to no work being that a machine was taking their position. The worker was to do nothing, but
The Industrial Revolution refers to a time of greatly increased output of machine-made goods that emerged within the textile industry. The Industrial Revolution, which began in England in the late 1700’s, had a wide range of positive and negative effects on the economic and social life of the people of England. The results of the Industrial Revolution have been interpreted many ways through the various social classes of Britain; the peasants who suffered from the dangers of the factories and tenements and the upper class who benefited from capital and enterprises. Although the Industrial Revolution positively affected Britain’s iron production and added conveniences and comforts to daily life for the upper class, the dangers of the factories’
The Industrial Revolution was the rise of new sources of energy, such as coal and steam, to power engines to reduce human labor and increase production. This revolution in the 19th century involved many different factors that combined and formed the ultimate advancement that allowed England to progress and industrialize. The shift to a more industrial society changed the face of labor. Historians have been debating this topic by taking everything into consideration such as culture, geography, climate, trading and so on. There is no right answer due to the fact that this revolution had many causes building upon each other but, there is one factor that truly sparked the match for this progression.
There are causes that effect the industrial revolution and
The Industrial Revolution shaped the growing economy at the time in many positive and negative aspects. The Industrial Revolution took place during the late 1800’s and the early 1900’s and was considered to be the “New Industrial.” Many things were brought to the economy at the time due to this occurring; some in which being machinery, technology, production of goods, and even performance. The economy was not the only thing greatly affected by this revolution but the farmers, the working-class, and the middle-class were also affected to a deep extent.
The Industrial Revolution was a turning point for Western Europe. This revolution forever altered Western Europe and in turn Europe’s colonial subjects as well. The Revolution is responsible for the biggest successes and failures of Western Europe, as well as changing the technology, economics, politics, and society from what it was. The industrial revolution changed western Europe’s civilization in the terms of technology.
The Industrial Revolution, lasting from the late 1700s until the early 1900s, was possibly one of the greatest time periods in this world’s history. This time period caused people to think more and dream bigger. From these big dreams rose up inventors, entrepreneurs, and business owners. The Industrial Revolution brought many new inventions and production processes, but along with great new things come great terrible horrors. While some might argue that Industrialization had primarily positive consequences for society because of the new production methods and what they produced, it was actually a negative thing for society.
Railroads affected empire building in Afro Eurasia between 1860-1918 by providing reliable transportation for goods, by the transportation of soldiers and military technologies, and they spread the ideologies of nationalism.. All of this ultimately led to the increase in economic strength. The Industrial Revolution started in the 18th century and spread across Western Europe and The United States. The Industrial Revolution was an economic revolution, which means that economic changes were widespread and still impacting our modern world.. One of the main economic changes was the invention of machines.
During the Industrial Revolution, we see many new inventions, ideas, and cultures be created and established. All these changes contributed to the growth of economic power in the United States. This growth allowed the formation of big business to rise. All these factors have played a huge role in how we see our daily lives today. They helped us create laws and social norms that we follow today.
The new development of technology was a big key to make the Industrial Revolution possible because the new technologies allowed business owners to change how work was done. The steam engine gave more to machinery like the locomotives and steamships because it powered
The Industrial Revolution was a period of time when machines changed the lifestyle of people, but was it a revolution which factors made it revolutionary? I believe that the three characteristics that made the industrial revolution revolutionary is, it reformed old structure with new ones, it is still used and influential till today, and it is caused by economic hardship. The Industrial Revolution was a significant revolution to the world and it reformed old structure of jobs. It changed the way people live and their method of manufacture.
Industrial Revolution started in Great Britain and later progressed to the United States between the years 18th and 19th century. The Industrial Revolution marked a great milestone in the world history; various aspects of our day-to-day life were reformed in some way. Humans were transformed from handmade and tools to the assistance of machines. The main purposes for Industrial Revolution happened was peoples want an improvement for their life in order to overcome the hardship during the 18th century. Without the Industrial Revolution, it can be argued that the world today would not have a better standard of living through technology advancements, medication and educations.