Industrial Revolution. An economy based on farming and handicrafts shifts to an economy based on manufacturing by machines in factories.

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Presentation transcript:

Industrial Revolution

An economy based on farming and handicrafts shifts to an economy based on manufacturing by machines in factories.

Why Britain? Why Now?

Causes: 1. expanding Atlantic economy in the British Empire

Natural Conditions were favorable Coal Iron Waterways

Agricultural Revolution Jethro Tull Modern farmer Seed drill Enclosure system Crop rotation leads to cheaper food and disposable income

Political Conditions Constitutional Monarchy Gives country stability Gives economic growth for nation

Legal Conditions No internal tariffs Patents encourage inventions

Factory System James Arkwright One roof Central source of power Division of labor