Jonathan Reiley
What factors led to the industrial revolution
The Agricultural Revolution They got new from the new world crops like corn and potatoes New farming technology to improve the yields
The Domestic System Rural people were farmers and crafters Most production of textiles made of wool
New Economic Conditions The demand for trade and manufactured goods increased Capitalism is a new theory
Why did the industrial revolution begin in great britain
Abundant natural resources and food They used waterways and rivers for transportation They had lots of iron and coal deposits
Large labor supply The agricultural revolution caused people moving to cities looking for jobs rapidly growth in the population
Britains favorable government The parliament passed laws to promote investment in business They had more business
Britains prosperous middle class Merchants sell the products through britain and the world Entrepreneurs invest in business and open factories
New inventions The flying shuttle (1733 John Kay) The water frame (1769 Richard Arkwright) The cotton Gin (1793 Eli whitney) An Effective Steam Engine (1882 James Watt)
Definitions Textiles - any cloth or goods produced by weaving, knitting, felting. Industry - the ownership and management of companies, factories. Manufacturing - the making of goods or wares by manual labor or by machinery on a large scale. Urban- living in a city Rural- living in the country
Definitions Capitalism - an economic system in which investment and ownership is made and maintained by private individuals or corporations. Entrepreneur - a person who organizes and manages any enterprise, especially a business, usually with considerable risk. Labor – a job or task done or to be done