HISTORY 1DD3 Lecture Notes - Lecture 12: Market Price, Thomas Robert Malthus, Industrial Revolution
22 Oct 2017
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Capitalism and industrialism (owners control the means of production: thomas malthus (from ppt) Believed population was increasing too rapidly compared to the food supply. Believed population checks would be needed to control the population. His hypothesis was wrong as the birth rate decreased and food supply increased quicker than expected. (children=burden, birth control, demographic transition: demographic transition (from ppt) Stage 1 birth rate and death rate mainly high. Stage 2 living conditions improve and death rate falls dramatically. (population increases) Stage 3 the need for a children are lowered, and birth rate falls. (this was what proved malthus wrong) Stage 4 birth rate and death rate become similar again. (population stabilizes) Note: these first two sections are only a portion of the slideshow. Ppt document, which i have posted a link to on the wiki. You can also find it in the industrialism wiki (titled. Background: adam smith (it"s a bit long sorry about that)
