Assignment #2: Intro to the Industrial Revolution Write and then discuss: Think about the machines you use every day. What are the pros and cons of our machine-based world?
Assignment #2: Intro to the Industrial Revolution Consider drawing simulation we did on Monday and Tuesday, slides you will seen today to answer prompts on guided notetaking sheet. 1) After watching short intro video, write a brief definition of the Industrial Revolution http://www.youtube.com/watch?v=3Efq-aNBkvc
Rural, small scale, “low tech” & “do-it-yourself” Prior to Industrial Revolution: Cottage Industry Rural, small scale, “low tech” & “do-it-yourself” People made their own cloth by hand at home and sold it to merchants in the cities. 2) What is “cottage industry”? What are the pros & cons of this type of production?
After Industrial Revolution: Factory System Urban & large scale production Incorporates more technology & “division of labor” market is run on supply and demand – capitalism Improves access to consumer goods 3) What is the “factory system”? What are the pros & cons of this type of production?
“Factors of Production” for Industrial Growth What do you need to start a successful factory? Land (Natural Resources ex: Fuel, Food & Raw Materials) Labor (Workers with Skill and/or Incentive) Capital (Money Available for Investment) Innovation (Technology and Entrepreneurship) Political Support (Government Stability and Encouragement) 4) Explain what “factors of production” are in your own words
Europe is First to Industrialize Beginning in late 1700’s
5. Industrial Revolution Occurs in England First Based mainly on the growth of textile factories in the mid 1700’s WHY?? - England’s access to natural resources like coal and wool. - Agricultural Revolution: England had already started innovating in agriculture. Workers who could not farm anymore went to the cottage industry and eventually worked in factories. - England’s overseas colonies and ability to secure raw materials and resources not only helped them industrialize but encouraged more and more industrialization - England’s government was friendly to private business. New ideas about capitalism and private ownership of business drove the factory system. - Access to waterways to move materials