Professional Documents
Culture Documents
Factors of Production
● The four most well known factors are the
entrepreneurship, land, labor, and capital. This
allowed for the great success in this time.
● Land gave plenty of resources as well as the
physical space. EX: water, timber, oil, etc
● The labor allowed for people, children, or
machines to create. Taking the goods and
resources, and using them to create products
● The money earned from selling such goods
created a system that cycles through buying,
selling, importing, and exporting goods and
services. (Capitalism)
Laissez-faire Capitalism- Anthony
Prior to the Industrial Revolution, the dominant economic
theory in Europe was mercantilism. This theory stated that
governments should export more goods than they import
and amass gold and silver reserves. Adam Smith and other
eminent economists of the time proposed another theory,
laissez-faire capitalism, or free market capitalism.
Laissez-faire, which means leave us alone, meant that
governments should NOT interfere with economies.
Instead, they should let individuals make their own financial
decisions and allow supply and demand to determine
prices. The rise of free market capitalism allowed the
Industrial Revolution to take place since mechanization
required cash and labor from individual people, not the
government. Without this new economic system, wealthy
businessmen would have never invested in factories to
Why did it start in Great Britain?- Anthony
In the second half of the 18th century,
cloth and other manufactured goods were
in incredibly high demand in Great Britain.
This desire for goods was too high for
domestic producers. Additionally, the
British population grew faster than supply.
Furthermore, the expansive British empire
allowed the country to trade all over the
world. Finally, Great Britain had much
more advanced farming technology than
other nations. These factors made Britain
a place where the changes of the
Industrial Revolution could occur in.
Ava A
First industry to Mechanize
The first industry to mechanize was
the British textile industry (cotton
goods) which jump started the
Industrial Revolution, causing other
to make advancements in
technology. Before the 17th century,
the manufacture of textiles was
performed at small scale by individual
workers. During the 18th century
cotton became very popular so in
1764 James Hargraves created the
spinning Jenny, which increased the
speed of spinning. The cotton
industry thrived even more during the
1860s when James Watt made an
improved steam engine.
Ava A
Richard Trevithick and James
Hargreaves
In 1764 James Hargreaves was the
English inventor of the spinning Jenny
which was the first practical application
Richard Trevithick, was the British
mechanical engineer and inventor
who harnessed high-pressure
of multiple spinning by a machine. He
originally produced the machine for steam and constructed the world’s
family use but began to sell the first steam railway locomotive or
machines. Hargreaves didn’t apply for “Puffing Devil,” a steam
a patent for his Spinning Jenny until locomotive that would be powerful
1770 so copied his ideas were enough to carry people and things
created.Hargreaves moved to but compact enough to be
Nottingham where he created a small
practical. Richards machines
spinning-mill. By the time James
Hargreaves died in 1778, over 20,000 could be put to work in mines, on
Spinning-Jenny machines were being farms, in factories, on ships and in
used in Britain. locomotives of all kinds.
Edmund Cartwright and James Watt Ava A
Edmund Cartwright, was the English James Watt, was the Scottish
inventor of the first wool-combing machine instrument maker and inventor whose
and of the predecessor of the modern steam engine contributed substantially
power loom. In 1784, Cartwright visited to the Industrial Revolution. Watt was
Richard Arkwright's cotton-spinning mills at also known for patenting the
Cromford in Derbyshire and was inspired to double-acting engine and an early
construct a similar machine for weaving. steam locomotive. In 1769 he designed
The first power loom was patented in 1785. a separate condensing chamber for the
Cartwright established a factory in steam engine that prevented enormous
Doncaster for his looms. In 1793, he went losses of steam and had it patented. In
1785 he was was elected fellow of the
bankrupt and closed the factory. In 1809,
Royal Society of London.
the House of Commons voted Cartwright
£10,000 in recognition of national benefits
of his power loom.
Robert Fulton and Robert Owen Ava A
Robert Fulton, was an American inventor, Robert Owen,a British cotton
engineer, and artist who brought manufacturer turned reformer, was
steamboating from the experimental stage one of the most influential early
to commercial success. He also designed 19th-century advocates of utopian
a system of inland waterways, a socialism. His New Lanark mills in
submarine, and a steam warship. He Lanarkshire, Scotland, with their
made his first model called the, Clermont, social and industrial welfare
and it made its debut in 1807, steaming programs, became a place of
upriver from New York to Albany. The hilly pilgrimage for political leaders,
terrain of New York made water travel social reformers, and royalty. He
faster than land travel, and Fulton's boat, encouraged many experimental
“utopian” communities, including
formerly known as "Fulton's Folly" was a
one in New Harmony, Indiana, U.S.
huge hit.
The steam engine and Ryan Cooper
New processes
● The Bessemer process was the first cheap and inexpensive industrial process
for the mass production of steel from molten iron before the development of
the open hearth furnace. The most important thing is the removal of impurities
from the iron by oxidation with air being blown through the molten iron.
● An assembly line is a manufacturing process in which parts are added as the
semi-finished assembly moves from workstation to workstation where the
parts are added in sequence until the final assembly is produced.
Zach
Transportation improvement
● The creation of the railway was to allow the use of steam locomotives and
passengers to be conveyed on the line. The 25-mile long railway opened on
September 27, 1825 and became the world's first locomotive-hauled public railway.
The Liverpool and Manchester Railway opened in 1830.
● Steam boats ended the problem of traveling upstream during the Industrial
Revolution by the steam engine. In 1807, Robert Fulton built the first commercial
steamboat. It used steam power to travel upstream. Steamboats were soon used to
transport people and goods along rivers throughout the country.
● The modern bicycle, complete with a steel frame, a chain drive, steel wheels and
spokes, and pneumatic tires, would emerge in the late 1800s.
Zach
Communication improvements
● In 1836, after Samuel Morse invented the telegraph, he invented morse code.
The telegraph revolutionized long-distance communication. Samuel Morse
developed a code which helped communicate.
● Alexander Graham Bell invented the first functional telephone in 1876.
Shortly thereafter, major cities across the United States and Europe began to
install the revolutionary telephone system.
Effects- Anthony
● Child Labor- employers discovered that
they could pay children lower wages to
hired them to increase profits. Luckily, this
practice was later banned.
● Increase in wealth, better nutrition, and
access to healthcare.
● Higher life expectancy due to vaccines and
new medicine.
● Mass-production of goods.
● Women’s rights- women were able to work
in factories, but were paid less. Women
formed unions to further their equality and
eventually suffrage was granted.
Effects on Socialism, Communism, and Capitalism KB
❖ This made cities grow larger, more cramped, and more filthy.