The Industrial Revolution
Exhaustion of the prevailing paradigm: Prior to the Industrial Revolution, people used hand tools to produce their own food, clothes, and furniture at their homes or small places. As the population increased, the traditional means of production could not meet the people’s daily demands in Britain.
New technological potential: The society needed more cost-effective means of production.
Construction of the new paradigm: The increased need for clothes and food led to the manufacturing innovation, which was mechanization and the establishment of the factory system. It would change the agricultural economy to industrial economy.
The inertia of the old socio-institutional framework: Although the need for change
Exhaustion of the prevailing paradigm: Prior to the Industrial Revolution, people used hand tools to produce their own food, clothes, and furniture at their homes or small places. As the population increased, the traditional means of production could not meet the people’s daily demands in Britain.
New technological potential: The society needed more cost-effective means of production.
Construction of the new paradigm: The increased need for clothes and food led to the manufacturing innovation, which was mechanization and the establishment of the factory system. It would change the agricultural economy to industrial economy.
The inertia of the old socio-institutional framework: Although the need for change