Colette Alagia
Mr. Maschio Period 9
What were the leading effects of the Industrial Revolution?
David Greasley and Les Oxley David Greasley and Les Oxley’s “Endogenous Growth or "Big Bang": Two Views of the First Industrial Revolution” published in 1997 is a secondary source that can be used to understand two different views of the Industrial Revolution. This came from a journal called “The Journal of Economic History.” The purpose of this journal was to show the reader the worth of the new endogenous methods to demonstrating economic growth for understanding the British Industrial Revolution. This quotation shows this: “Here we assess the value of the new endogenous approaches to modeling economic growth for understanding the British Industrial …show more content…
Temin’s had to have done a lot of research on the people he wrote about and he had to have read many textbooks to learn more about these people. This source also comes from “The Journal of Economic History.” The purpose of this source is to show two views of the British Industrial Revolution. A quotation that shows this is, “This study examines technical change, trade, economic structure, and growth during the British Industrial Revolution.” A more traditional view sees it as a wide change in the British society and economy. Crafts and Harley who challenge this broad view see the the Industrial Revolution as the result of practical change in only a few industries. This article provides a test of these views using the Ricardian model of international trade with many goods. This source has a lot of value because it explains many different opinions as well as the other source. There is a lot of information from this source that is very valuable. Although it has a lot of value, there are also limitations such as bias. Some of these opinions are biased and directed towards a certain side of the argument. The more traditional view of the Industrial Revolution is described by T.S. Ashton and David S. Landes. This broad view has recently been challenged by N.F.R. Crafts and C. Knick Harley. This new idea sees the Industrial Revolution as a much narrower phenomenon, as the result of technical change in a few industries. The new industries, not surprisingly, were cotton and
Mr. Maschio Period 9
What were the leading effects of the Industrial Revolution?
David Greasley and Les Oxley David Greasley and Les Oxley’s “Endogenous Growth or "Big Bang": Two Views of the First Industrial Revolution” published in 1997 is a secondary source that can be used to understand two different views of the Industrial Revolution. This came from a journal called “The Journal of Economic History.” The purpose of this journal was to show the reader the worth of the new endogenous methods to demonstrating economic growth for understanding the British Industrial Revolution. This quotation shows this: “Here we assess the value of the new endogenous approaches to modeling economic growth for understanding the British Industrial …show more content…
Temin’s had to have done a lot of research on the people he wrote about and he had to have read many textbooks to learn more about these people. This source also comes from “The Journal of Economic History.” The purpose of this source is to show two views of the British Industrial Revolution. A quotation that shows this is, “This study examines technical change, trade, economic structure, and growth during the British Industrial Revolution.” A more traditional view sees it as a wide change in the British society and economy. Crafts and Harley who challenge this broad view see the the Industrial Revolution as the result of practical change in only a few industries. This article provides a test of these views using the Ricardian model of international trade with many goods. This source has a lot of value because it explains many different opinions as well as the other source. There is a lot of information from this source that is very valuable. Although it has a lot of value, there are also limitations such as bias. Some of these opinions are biased and directed towards a certain side of the argument. The more traditional view of the Industrial Revolution is described by T.S. Ashton and David S. Landes. This broad view has recently been challenged by N.F.R. Crafts and C. Knick Harley. This new idea sees the Industrial Revolution as a much narrower phenomenon, as the result of technical change in a few industries. The new industries, not surprisingly, were cotton and