SOCA02H3 Lecture Notes - Ned Ludd, Deindustrialization, Proletariat

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Productivity has increased enormously eg. farming today: productivity is related to wealth; more productive, more wealthy. Adam smith says prices are determined by supply and demand: low supply high demand high prices. Staples: resources, such as timber, minerals, oil, fish and other raw materials. Division of labour (specialization) increases; the more specialized work tasks, the more division of labour; sociology is specialization in the social sciences. The economy- primary sector- canada used to rely almost totally on the primary sector until about the 19th century secondary sector: now, it is a service economy- modern economics. Agricultural revolution- band societies, hunter gatherers, not sematic; nomadic. Industrial revolution first machine is the steam engine; other mechanical technology which advanced human power. Post-industrial revolution is the service revolution; industrial jobs are moved offshore, now a service economy: as industries move away, these semi-skilled labour positions disappear. The great transformation began in england; and it became a world economic power; in the early.

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