The most important event in history: Industrial Revolution Context The industrial revolution was the most important, which started around the eighteenth century towards the nineteenth century in Europe. This great event was the fastest spreading event in human history. The capacity of economy and population growth was unexpected especially at the areas in which it flourished. The industrial revolution benefited almost everyone around the world and brought about new social classes, large cities and many new innovations including medical discoveries especially in Britain as it based it is scientific innovations on experiments and practical work rather than theories and logic. Introduction The industrial revolution was the cause of many social,
The Clock’s Impact The invention of the clock helped to bring a massive change not only in America but other countries around the world. However, it was not until the Industrial Revolution that they began to receive popularity due to its efficiency in being able to tell when the steam train would arrive. In class, we talked about the influence trains had on time and how it impacted people to direct their schedule according to the change in time rather than looking up to the sun. Trains were a major improvement in reducing the time needed to reach a certain point or destination, and helped to bring a new type of transportation that was not only fast but efficient as well. The clock helped people to adapt to the new change and ease them in the process of getting comfortable with work from that point on.
The Second Industrial Revolution, known as the Technological Revolution, was described by Mark Twain as the “Gilded Age.” This was a time of rapid industrialization during the last 30 years of the 19th century through the beginning of the 20th century. While it brought changes to the workplace and transportation, the lives of the majority of society were not affected as positively as they had been during the first industrial revolution. It was a time of corruption and crime, hidden behind growth and prosperity. Among the wealthy and powerful of this “Gilded Age” were Carnegie, Vanderbilt and Rockefeller. Vanderbilt made a fortune by revolutionizing the railroads.
Not until the 1980s most governments imposed market restricting regulations and intervened deeply in their states domestic economy. It was in the mid 1980s that governments such as the Sub-Saharan African countries, China, India, Mexico, Latin America decided to rejoin the global trade system and open their markets to foreign competitors. This was because they felt that GATT was bias so through the united union they created new international trade rules that will be more efficient and beneficial towards industrialization in developing countries. Before the First World War, independent developing countries and those under colonial powers believed in liberal trade policies and exported their agricultural products to developed industrialized countries
The American Civil war ended in 1865 with the abolishment of slavery. While the agricultural South lost, the winning side underwent industrialization and urbanization. The progress mainly depended on transcontinental railroad, natural resources such as iron, stream and electricity, and later on technology, for example internal combustion engine, telephone, radio etc. As Hohl and Mauk claim, “Economies of production and distribution led to the growth of large-scale manufacturing and the export of manufactured goods now became more important than raw materials. Economic activity was based on a commercial life free from restrictions.
In Robert Marks’ “The Industrial Revolution and Its Consequences, 1750-1850” Marks goes on to describe the end of the biological old regime and the beginning of Industrial Revolution that mechanized the world. In the old regime, people’s necessities all came exclusively from the land. However, in a revolution powered by coal, surplus goods could be manufactured in industries. This allowed the population capacity of the world to increase and a different set of challenges unseen in the old regime to arise. One of the most influential evolutions occurred in the textile industry after the mechanization of spinning and weaving fabrics like cotton.
P Mantoux in 1905 defines the Industrial Revolution, "primarily a technical revolution and it is the only index that explains the emergence of this new world 2 design that has evolved. Advances in statistics lead, in the 1960's, an evolution of that vision. Then it is considered that the technical innovations were decisive, eg machine steam J Watt in 1769, but have not led to the industrial revolution alone. This requires a number of preconditions. Indeed, the Renaissance had experienced a technical processing without carrying the industrial revolution.
Due to the favourable economic climate, there was a pattern of technical change, which created more jobs and kept the unemployment rate to a minimum. According to conventional economic wisdom, when there is low unemployment, there is high wages – but there is low profit and investment. The Golden Age challenged this by entering a virtuous cycle of high profit, investment and wages. The post-tax profit in the US economy was high. There was a general notion that this condition of high profits would prevail for a sustained period of time, and so, the level of investment was high.
Industrial revolution is one of the most important historical phenomena in human beings ' history. It is alleged first happened in Britain in around 1700s to 1800s and then spreaded throughout the world. This paper is going to discuss the main origins, consequences of industrial revolution in Europe, how agriculture and economy aid to the emergence of industrial revolution. Besides that, this paper also applies three concepts of history including ecumenical, world and gloabal history in the rise and spread of industrial revolution. There are four key origins that lead to industrial revolution in Europe.
In previous centuries, people’s need was limited, for their number was not as huge as modern world; the population growth of 20th century has been explosive as human number has been quadrupled. Modern world is better than previous eras in the world history because of changing in standard of life by having cheaper products, and getting better job opportunely. According to Churchill, public can get what they want with cheaper price and even with better qualities. Moreover the workers have better wages and greater security, and people can get jobs more easily than before because there are more manufactories. It is true that there are more jobs opportunely and better wages, but it is not same for the security.