Industrial Revolution Shawn Roe. Question slide What factor led to the Industrial Revolution?

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Presentation transcript:

Industrial Revolution Shawn Roe

Question slide What factor led to the Industrial Revolution?

Factor 1 Industrial Revolution New Crops(from the New World): Corn and Potatoes New Farming Methods

Factor 2 The Domestic System/Cottage industry Small Scale Industry (done in people’s homes) Mostly involving the production of textiles (cloth) - mostly made of wool

Factor 3 New Economic Conditions Increase of trade and demand for manufactured products New Theory – Capitalism

Question Slide Why did the Industrial Revolution begin in Great Britain?

Reason 1 Abundant Natural Resources and Food More food because of the Agricultural Revolution Lots of coal and iron deposits Waterways Britain had colonies that supplied lots of additional raw materials such as India supplied cotton

Reason 2 Large Labor Supply Big Growth in population! Agricultural Revolution caused lots of people to move to the cities looking for jobs

Reason 3 Britain’s Favorable Government Parliament passed laws to promote investment in businesses

Reason 4 Britain’s Prosperous Middle Class Entrepreneurs begin to invest in business and open up factories and start corporations Successful merchants - sell the products throughout Britain and the rest of the world

Reason 5 New Inventions The Flying Shuttle ( John Kay) Spinning Jenny ( James Hargreaves) The Water Frame ( Richard Arkwright) The “Spinning Mule” ( Samuel Crompton) An Effective Steam Engine ( James Watt) Power Loom ( Edmund Cartwright) The Cotton Gin ( Eli Whitney)

Definition slides Textiles- any cloth and goods produced by weaving, knitting, and felting Industry-any general business activity; commercial enterprise Manufacturing-to make or produce by hand or machinery, especially on a large scale Urban-living in a city living in the country

Definition slide Capitalism-an economic system in which investment and ownership is made and maintained by private individuals or corporations. Entrepeneur-an employer of productive labor Labor-a job or task done or to be done