Industrial Revolution Begins with Agricultural Advances –Enclosure Movement Fencing in of land into individual tracts of land –New Inventions Jethro Tull – Seed Drill (makes planting of seeds quicker and more efficient for a bigger crop) –Old Ideas in New times Crop Rotation (used to help raise more crops and help preserve land
Factors of Production Land – any land used for factories/crops plus any unmined resources such as coal, iron ore Labor – Human Work Capital – any tools/factories used for production – any money used as investment – any mined resources Entrepreneurship – putting all of the previous factors into the making of a product (management)
Factors Leading to Industrial Revolution – In Britain 1.Abundant Natural Resources Coal / Iron Ore 2.Favorable Geography Deep Harbors 3.Favorable Climate for New Ideas 4.A Good Banking System Brits replace Dutch as world’s best bankers 5.Stable Political System
New Inventions - Textiles Flying Shuttle –Invented by John Kay in 1733 –Moved back and forth creating yarn –Created twice the yarn Spinning Jenny (1764) –Invented by James Hargreaves –Could work 6-8 yards of yarn at a time Water Frame (1769) –Invented by Richard Arkwright –First water-powers spinning machine Spinning Mule –Invented b y Samuel Crompton –Combines Spinning Jenny & Water Frame –Makes thread stronger, finer, and more even Power Loom –Invented by Edmund Cartwright –Sped up weaving process Cotton Gin –Invented by Eli Whitney –Separated seed from raw cotton –Prolong dying institution of slavery in American until Civil War in 1860’s Flying Shuttle Spinning Jenny Spinning Mule Cotton Gin
Steam Engine tseng.jpg More efficient and faster than earlier models Invented by James Watt in 1763
Improvements in Transportation Roads Canals Railroads
Railroad Inventors images/stevensen.gif Richard Trevithick George Stephenson
Revolution Spreads to… United States Samuel Slater –Memorized how to put a factory together and brings technology to America etc.usf.edu/clipart/ 900/929/Slater_1.htm
Factories Before Factories: –Work from home (cottage industry) –Easier/Flexible Schedules –Work faster = earn more money –Better quality –Work around families needs Factory idea develops –A factory is a building which houses industrial machines –Factory schedules not as flexible –Working faster doesn’t equal more pay –Couldn’t work around needs of family as often Role of Machines –Production Easier and quicker –Could employ children –Left skilled workers out in cold
Wage System No longer paid by piece Factors of wage 1.Set in relation to other costs of production 2.Number of Workers 3.Relation of what workers could be making elsewhere
Lifestyle of Workers Bad working conditions –Cold/damp or hot/steamy –Children as young as six working full days Live in tenements –Cramped –Unsanitary
New Methods of Production Division of Labor Interchangeable Parts Assembly Line
Business Cycle
Adam Smith Father of Capitalism Wrote the book Inquiry into the Nature and Causes of the Wealth of Nations Believed in the two natural laws of economics….
Two Natural Laws of Economics Law of Supply and Demand –Prices and profits depend on both the amount of available goods and the demand for those goods Law of Competition –Manufacturers compete with each other to sell their products – they must reduce prices
Thomas Malthus Wrote An Essay on the Principal of Population Population growth was biggest threat to human progress Believes that human poverty and misery are inevitable
David Ricardo Wrote Principals of Political Economy and Taxation Believes supply and demand determines wages Iron Law of Wages would lead to misery of workers
Workers’ Movements Labor Unions – Organization of workers working together to get three things: –Higher wages –Better working conditions –Benefits Strikes – Situation where workers as a group stops working
Socialism Factors of Production are owned and controlled by the people (through government) Works for everyone to benefit equally
Robert Owen One of the most influential Utopian Socialists Believed that happy workers would produce more Began what we know as cooperatives – company towns
Karl Marx Father of Communism Wrote Communist Manifesto Believed that the plight of workers would get so bad they would be forced to revolt against the owner class –Proletariat (workers) vs. Bourgeoisie (owners) Revolt would take place in an industrialized nation
Frederick Engels Partner of Marx Believed that society would be dominated by class struggles
Political Spectrum Economic Governmental More GovernmentLess Government Totalitarianism Democracy Socialism Capitalism Socialism + Totalitarianism = Communism Capitalism + Democracy = Socialism + Democracy = Social Democracy (found in many European nations) Capitalism + Totalitarianism = Fascism (Nazi Germany and Italy)
Advances in Technology Michael Faraday – discovers connection between magnetism and electricity; his discoveries led to development of electrical generators Thomas Alva Edison – developed first useable and practical light bulb, helped develop Mew York City’s electrical grid, build America’s first theaters
Advancements in Transportation Henry Bessemer – Bessemer Process (taking impurities out of metals); result – factories increase production of locomotives (trains) and railroad tracks Robert Fulton – Steamship Henry Ford – Automobile and Assembly line (which increased production of cars) Orville and Wilbur Wright – (1903) First sustained airplane flight (Kitty Hawk, NC)
Improvements in Communication Samuel Morse –Telegraph (1844) Improved communication within U.S. and with other nations –Morse Code Alexander Graham Bell –1876 – Telephone Guglielmo Marconi –1895 –Invents radio
Advances in Science and Medicine Jean Baptiste Lamark –Theory of Inheritance All living things changed their form in response to their environment Charles Darwin –Wrote On the Origin of Species by Means of Natural Selection –Came up with the idea of evolution and survival of the fittest Gregor Mendel –Devise the study of Genetics –The study of how inborn characteristics of plants and animals are inherited by their descendants Edward Jenner –Developed smallpox vaccine Louis Pasteur –Pasteurization Process of heating liquids to kill bacteria and prevent fermentation Joseph Lister –Used antispetic first (to clean wounds and equipment) –Reduces hospital post-surgery death form 45% to 15%
More Advancements in Science Alexander Fleming –Penicillin – 1928 Dmitri Mendeleyev –Periodic Table – 1869 Pierre and Marie Curie –Discovered radioactivity – late 1800’s Max Planck –Quantum Theory Light was continuous wave-like phenomena Albert Einstein –Special theory of relativity –E=mc2