The Industrial Revolution

AD 1700 - 1900

The Beginnings of Industrialization

The Industrial Revolution – refers to the greatly increased output of machine-goods that began in England during the 18th century.

The revolution starts with agriculture– Enclosures – large fields owned by wealthy

landowners. This allowed farmers to experiment

• Seed drill – seeds are sown in spaced rows at specific depths

• Crop rotation – allowed soil to retain nutrients

Why did the Industrial Revolution start in England– 1. Water power and coal– 2. Iron ore to construct machines– 3. Rivers for transport– 4. Harbors

England had highly developed banking system– Remember the corporations (East India

Company)– They took these ideas and used them in

domestic business investmentFactors of production – land, labor and capitalEntrepreneur – organizes, manages, and takes on

risks of a business

Inventions– Flying shuttle– Spinning jenny– Cotton gin– Steam engine– Macadam roads– locomotive