Industrial Revolution

Objectives Explain the beginnings of industrialization in Britain Describe the agricultural revolution that allowed for industrialization Describe key inventions that furthered the industrial revolution

1. Industrial Revolution 2. Greatly increased output of machine made goods 2. Agricultural Revolution 3. enclosures – land owners buy more land and enclose it with fences

3. two important results 4. new agricultural methods 4 3. two important results 4. new agricultural methods 4. forced small farmers to move to cities 3. seed drill – planting seeds 3. crop rotation 3. breeding methods 3. more food better living more people

2. Why Britain. 3. large population 3. extensive natural resources 4 2. Why Britain? 3. large population 3. extensive natural resources 4. required for machine production 3. expanding economy 4. investors, banking, trade 3. political stability 3. military success

3. had all the factors of production 4. land, labor, capital ($$) 2 3. had all the factors of production 4. land, labor, capital ($$) 2. Inventions 3. Textile Industry (cloth) 4. flying shuttle 4. spinning jenny 4. water frame 4. spinning mule 4. power loom 4. cotton gin

3. Transportation 4. steam engine 4. steam boat 4. macadam roads 5 3. Transportation 4. steam engine 4. steam boat 4. macadam roads 5. paved 4. railroad locomotive 5. railway lines

1. Labor Union 2. Union 3. voluntary labor associations 3. spoke for all workers 3. bargained for better working conditions and higher pay 3. strike 4. refuse to work

1. Reforms 2. New laws reformed some of the abuses of industrialization 3. Child Labor Laws 4. no children under 9 4. no working in the mines 3. Ten Hour Act of 1847 4. limited to 10 hour days

2. Abolition of slavery 3. ended slave trade in 1807 3 2. Abolition of slavery 3. ended slave trade in 1807 3. Britain ended slavery in 1833 3. US ended slavery in 1865 2. Women’s Rights 3. made 1/3 as much as men 2. Public education 2. Prison reform

Laissez faire “let do” Let owners of industry and business set working conditions No government involvement

Adam Smith Free economy The Wealth of Nations Law of self-interest Law of competition Law of supply and demand

Capitalism Factors of production privately owned What are the factors of production? What does privately owned mean?

Utilitarianism The government should promote the greatest good for the greatest number of people

Socialism Factors of production are owned by the public and operate for the welfare of all

Karl Marx Haves vs. the Have Nots The Communist Manifesto Workers will overthrow the owners