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Industrial Revolution Essay & Outline
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The Industrial Revolution: Past and Future | Federal Reserve Bank of Minneapolis
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Namespaces Article Talk. Views Read Edit View history. Capitalism caused the Industrial Revolution because industrialization required significant work and investment from individuals and not necessarily the government. For example, in Britain, where the Industrial Revolution began, wealthy entrepreneurs were important because they used their wealth to create factories and mines.
This investment from individuals, whose actions were guided by the profit motive, would not have been possible without the emergence of capitalism. Furthermore, as the Industrial Revolution began the individualistic principles of capitalism helped create a climate wherein industrialization exploded, and eventually spread worldwide. The next major factor that helped the development of the Industrial Revolution was the impact of European Imperialism.
During this period of time, which historians refer to as the Age of Imperialism, large sections of the world came under European control, including: North America, South America, Africa, Indian, Australia, and China.
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In general, the Age of Imperialism occurred prior to and during the rise of industrialization. Other areas of the world were taken over in the centuries that followed. As a result, historians often view the Industrial Revolution as a cause of the later stages of the Age of Imperialism. Regardless, European imperialism was vital to the start of the Industrial Revolution especially in Britain for several reasons. First, the colonies created during the Age of Imperialism supplied the European countries with large amounts of raw materials that could then be used to produce goods in the factories.
For example, the Trade Triangle developed in the Atlantic Ocean during this time. In turn, the goods produced were shipped and sold in Africa in exchange for slaves.
Industrial Revolution Essay Outline
The slaves were then transported to North and South America to work on plantations producing raw materials such as cotton, which would then be taken again to European factories. Therefore, European imperialism provided the resources necessary to begin mass production of goods. The second reason is that European imperialism created a large markets for goods.
For example, as European countries colonized areas of the world, they established trade routes. This meant that any goods produced in European factories could then be shipped and sold to markets around the world. This helped expand industrialization as it allowed European factories to produce goods on a much larger scale. For example, Britain was the first country to undergo the effects of the Industrial Revolution, and it used its vast empire to both gather resources and sell its newly manufactured goods.
The next main reason for the start of the Industrial Revolution was the mining of resources such as coal, which were vital to the processes of industrialization. For instance, Britain was the first to industrialize and had large supplies of coal present in the country. Not only did Britain have large supplies of the resource, but it was also easily obtainable. Unlike other European nations, coal in Britain was relatively close to the surface and was therefore relatively easy for miners to find and extract it.
The final cause of the Industrial Revolution was the effects created by the Agricultural Revolution. As previously stated, the Industrial Revolution began in Britain in the 18th century due in part to an increase in food production, which was the key outcome of the Agricultural Revolution.
As such, the Agricultural Revolution is considered to have begun in the 17th century and continued throughout the centuries that followed, alongside the Industrial Revolution. In general, the Agricultural Revolution involved new farming techniques, the use of machinery in farming, and the increase of private land ownership. For example, Charles Townshend introduced the concept of crop rotation which allowed British farmers to produce more food faster. This led to a dramatic increase in the population of the country which in-turn created a large workforce for the factories and mines.