Causes and Consequences of Industrial Revolution
The industrial revolution is a historical event that was primarily started in the 18th century in Britain. This was a slowed changeover period, which replaced manual works by new technologies invented by the scientists of that era. According to the article, “Consumerism and the Industrial Revolution”, written by Ben Fine and Ellen Leopold, the industrial revolution is explained as an economic and social change over time with modern technologies (151). There are many arguments exist among historians regarding so-called “Industrial revolution”, even using the terminology as “Industrial revolution” also in confusion. For example, in the journal, “The Industrial Revolution and the Industrious Revolution”, …show more content…
Article, “The Causes of the Industrial Revolution: An Essay in Methodology” explains the reason for the population increase is because of the availability of more food due to excessive production and inventions in the medical field (Hartwell 168). Further, the more production decreased the chance of death by famine, thus life expectancy increased. The mortality rate of the people declined because of the invention of new medicines for diseases, increase of the value of nutritional intakes among the people and improvement of hygiene and sanitation of the people. Thus, population growth rate increased dramatically and death rate decreased. As a counter argument, many historians suggest that the population increase caused industrial revolution, while some others deny and argue that the industrial revolution caused the population increase. For example, Robert Wilde includes that the population increases as the infant mortality rate decreases, and along with the population increase the “industrial work force” also increased (1). In case of supporting this argument, Vries in his article, “The Industrial Revolution and Industrious Revolution” insists that the population increase demands the consumerism, thus the production of goods increased (255). Here, both the authors support that the population increase and the production increase are positively correlated, thus, the revolution …show more content…
Capitalism is an ideology that has emerged since the Renaissance. People were starting to think for themselves and their future. Thus, they started to be for themselves through savings. Author Jan de Vries wrote this in his article that Renaissance is the only event that can be compared with the industrial revolution in the economic history (250). Accordingly, capitalism is a privately owned, profitable system of people that previously emerged in the Renaissance period. The author of the journal “the Origins of the Industrial Revolutions” explains capitalism as “capital distribution” among the people through banking and other “commercial and financial institutions” (72). As the author says, saving money for their future use is a mission that targeted the industrialization for long periods. Hartwell elaborated capitalism and connected with trading as “capital accumulation” and described as savings and investment that caused by improved transportations (67). He also mentions that national economic change caused by capitalism assisted the revolutionizing process (65). Apart from savings through banks and financial institutions, industrial revolution also caused by growth of individual industries, which showed individuals as capitalists (Coleman 2). Accordingly, the emergence of capitalism changed the economy of the country as well as
The industrial revolution is a historical event that was primarily started in the 18th century in Britain. This was a slowed changeover period, which replaced manual works by new technologies invented by the scientists of that era. According to the article, “Consumerism and the Industrial Revolution”, written by Ben Fine and Ellen Leopold, the industrial revolution is explained as an economic and social change over time with modern technologies (151). There are many arguments exist among historians regarding so-called “Industrial revolution”, even using the terminology as “Industrial revolution” also in confusion. For example, in the journal, “The Industrial Revolution and the Industrious Revolution”, …show more content…
Article, “The Causes of the Industrial Revolution: An Essay in Methodology” explains the reason for the population increase is because of the availability of more food due to excessive production and inventions in the medical field (Hartwell 168). Further, the more production decreased the chance of death by famine, thus life expectancy increased. The mortality rate of the people declined because of the invention of new medicines for diseases, increase of the value of nutritional intakes among the people and improvement of hygiene and sanitation of the people. Thus, population growth rate increased dramatically and death rate decreased. As a counter argument, many historians suggest that the population increase caused industrial revolution, while some others deny and argue that the industrial revolution caused the population increase. For example, Robert Wilde includes that the population increases as the infant mortality rate decreases, and along with the population increase the “industrial work force” also increased (1). In case of supporting this argument, Vries in his article, “The Industrial Revolution and Industrious Revolution” insists that the population increase demands the consumerism, thus the production of goods increased (255). Here, both the authors support that the population increase and the production increase are positively correlated, thus, the revolution …show more content…
Capitalism is an ideology that has emerged since the Renaissance. People were starting to think for themselves and their future. Thus, they started to be for themselves through savings. Author Jan de Vries wrote this in his article that Renaissance is the only event that can be compared with the industrial revolution in the economic history (250). Accordingly, capitalism is a privately owned, profitable system of people that previously emerged in the Renaissance period. The author of the journal “the Origins of the Industrial Revolutions” explains capitalism as “capital distribution” among the people through banking and other “commercial and financial institutions” (72). As the author says, saving money for their future use is a mission that targeted the industrialization for long periods. Hartwell elaborated capitalism and connected with trading as “capital accumulation” and described as savings and investment that caused by improved transportations (67). He also mentions that national economic change caused by capitalism assisted the revolutionizing process (65). Apart from savings through banks and financial institutions, industrial revolution also caused by growth of individual industries, which showed individuals as capitalists (Coleman 2). Accordingly, the emergence of capitalism changed the economy of the country as well as