The Industrial Revolution describes a set of events that many historians believed took place in Britain roughly from 1760 to 1830. These sets of events brought about economic, social and technological change, not only in Britain, but in the Western Europe as well. The aim of this essay is to describe and evaluate the changes of the Industrial Revolution by giving enough evidence to illustrate that the International Revolution was most definitely revolutionary. Sectors that drove the economy sectors included the modern and traditional sector.
Technological advances were one of the modern sectors. . The role of factories was to replace human power, as well as to ‘cure’ the revolution; this was done through utilization of factories, which could speed up production . Ashton’s statement: ‘About 1760 a wave of gadgets swept over England’ validated the technological advancement. However, in spite of destructive wars and a rapid growth of population that broke the Malthusian trap, the material living standards of most of the British people improved, and the technical innovations not only brought economic rewards but also provoked greater intellectual ingenuity.
The average size of growth in the British economy between 1780 and 1860 was 79 percent; therefore it was hardly surprising when it took up until 1840 for the economy-wide effects to take place. Colonialism was one of the effects caused by the economy wide effects of the revolution. Despite the fact that cometrians had different views on the Total Factor Production, which lead to logic and data being questioned, Nicholas Crafts was able to agree that rapid growth eventually happened when representative sectors (coal and iron) were introduced.
The conspiracy behind the revolution not ‘happening’ was the fact that in Britain, factory work was child labor and states were moving faster that the government could provide. The focus was more to the consequences, rather than the causes of the revolution. Despite the fact that the revolution brought had challenges such as disease, bad working conditions, dangerous child labour and pollution. We are able to see that the Industrial Revolution brought up urbanisation that was adopted by a lot of counties and was definitely revolutionary.
_________________________________________________________________________________________________________ Joel Mokyr, “The Oxford encyclopedia of economic history” (Oxford, New York: Oxford University Press, 2003), 49. Ibid.
Joel Mokyr, “The Economics of the Industrial Revolution” ( Towana, United States of America: Rowman & Allanheld Publishers 1985), 5. .ibid, 58. O'brien & Quinault, “The Industrial revolution and British society” (Cambridge, Cambridge University Press, 1993), 55. Ibid.2 Joel Mokyr, “The Economics of the Industrial Revolution”
( Towana, United States of America: Rowman & Allanheld Publishers 1985), 5 Hartwell, “The causes of the Industrial Revolution in England”(London, Methuen, 1967)74 Koehn,”Brand new: how entrepreneurs earned consumers' trust from Wedgwood to Dell” (Boston, Harvard Business School Press, 2001), 16. Adam Smith & D. Buchanan, “An inquiry into the nature and causes of the wealth of nations”( Edinburgh, Printed for Oliphant, Waugh & Innes, 1817), vol2 M Humphreys & H Gregory, ‘The industrial revolution”(. London, Allen & Unwin, 1976), 22.