WHY DID IT START IN GREAT BRITAIN? 1.LABOR 2.RAW MATERIALS 3.ENTREPRENUERS 4.TRANSPORTATION 5.CAPITAL 6.MARKETS 7.GOVERNMENT SUPPORT 8. ???? NAPOLEON ????
The Cottage Industry
The Domestic Industry or Putting-Out System Entrepreneur provides raw materials and equipment Rural Worker is paid by how much they produce Rural Workers were trying to supplement their income after Enclosure Laws The Cottage Industry
Effects of the Cottage Industry The Entrepreneur prospered not the Rural Worker The demand for cloth increased more rapidly than the supply To meet demand it gave way to the factory system
The Flying Shuttle 1733 – invented by John Kay (Great Britain) Doubled the output of hand weavers
1769, Richard Arkwright, Great Britain
1774 – James Hargreaves, Great Britain
The Spinning Mule 1779, Samuel Crompton, Great Britain
1785, Edmund Cartwright, Great Britain
1793, Eli Whitney, United States of America
THE AGE OF STEAM
Newcomen Steam Engine 1717, Thomas Newcomen, Great Britain
1769, James Watt, Scotland
1807, Robert Fulton, American
16mph Manchester to Liverpool 1830, George Stephenson Great Britain
The Crystal Palace, 1850 Exhibition Hall - London
3 London Peddlers