HIST 121 Lecture Notes - Lecture 6: Invisible Hand, Individual And Group Rights, On Liberty
Document Summary
Transformation of mostly agrarian society into societies based on technology manufacturing. Began early in the 18th century, id not end in europe as a whole until the 19th century: agriculture. Paradoxically began to industrialize because of the increasingly growing agricultural success: fertilizer and strategies for farming caused this. Less labour needed now for agricultural use. More people now available for other manufacturing. These people now have food to feed themselves. Agricultural wealth leads to capital formation: more money can be invested into manufacturing, Countries that fail to produce food enter the revolution mining later: mechanization. Technology develops in the direction of increasing rate of production. Rise of the factory is the symbol of the industrial: concentration of labour, living revolution one place, developed to mix technology and human labour in, home production used to be the source of goods. The city begins to dominate the european landscape as the home of manufacturing and labour.
