Class Notes (810,972)
Canada (494,413)
History (3,204)
HIS109Y1 (520)

Industrialisation part I and II

4 Pages
Unlock Document

University of Toronto St. George
Anthony Cantor

Industrialization I: lecture outline  definition of terms: growth, structural change  escape from 'Malthusian trap': population growth and real wages  technological change  great divergence  why Europe? why Britain _____________________________________________________________________________ ________  the industrial revolution was not noticeable during the revolution,  Growth: in terms of industrialization it is in; GDP. Growth in industrial products, the amount of products produced. Growth in the overall value of things produced, of the amount of things produced industrially; in some form of manufacturing.  Structural Changes: fall in the percentage of people in agriculture.  Trade: What's being traded, what's being imported. Drastic change in cotton textiles, 1% to 40% exported.  Thomas Malthus: How much a person can make. Malthusian trap: max amount a person can make Thomas Malthus (1766-1834)  objected to the idea of history as limitless societal improvement  "The power of population is indefinitely greater than the power in the earth to produce subsistence for man"  Relationship among population, resources and wages  "Malthusian Trap"  in good times, the population would grow. But the population can grow faster than agricultural advancement.  what happens in the period of distress, people are less likely to grow their family. Eventually, population will decrease while the salary of the common person will grow. Then the cycle reverts itself and it repeats.  in this system, there are checks to keep this in check; war, famine, disease.  Population compared to resources is what drives the cycle. With the third variable of wages.  Wages: real wages, which means conceptualizing wages. In terms of what you can buy, not it's real value. The purchasing value that it has, not how much you get.  condoned population control. Breaking the Malthusian trap  during the industrial revolution his laws no longer applied. Larger population increased wages, and what you could do with your income went up as well. the amount of resources increases too. Technological Change  crucial for industrial economies.  previously, economies relied strictly on animal, human, and wood power.  Malthus's vision applied when the land had to apply everything. o limited supply of land. Great Divergence  growth of commerce created a market  commerce explains why Britain developed first Britain's Advantages  Access to internal and overseas expanding markets  water transportation  Raw materials  Agricultural Revolution o potatoes o manure experiments  Differences in Labour force o fewer and fewer people were needed for agriculture  Available capital national banking system  due to the continental system set by Napoleon Britain was forced to find new ways to survive since it was no longer able to trade with most of Europe. Industrialisation II Britain's Advantages  Access to internal and overseas expanding markets  water transportation  Raw materials  agricultural revolution  differences in labour force  available capital - national banking system  Enclosure: policy authorizing landlords to claim common land  people left for the city because of this Inventions  John Kay, 1733: Flying shuttle  James Hargreaves, 1760s: spinning jenny  Richard Arkwright: Water Frame  Edmund Cartwright: Power loom  Eli Whitney, 1793: cotton gin (
More Less

Related notes for HIS109Y1

Log In


Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.