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Lecture 26 - Industrialization I.doc

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Kenneth Bartlett

HIS109Y1- Lecture Twenty Six Industrialization January 14/2013 1760-1850 - industrialization occurred before, during and after French Revolution ie. continental system: Britain survived Napoleon’s blockade because of the industrialization that already existed on the island - industrialization was not a revolution because they weren't aware of its magnitude at the time - growth can be measured in GDP and industrial production (quantity) - characterized by a decrease in the number of people employed in agriculture (structural change) - 1750: cotton textiles were 1% of British exports - 1805: cotton textiles were 40% of British exports - the change in textile production indicates the expansion of industry Escape "Malthusian Trap": population growth & real wages -> Thomas Malthus (1766-1834) -> objected to the idea of history as constant improvement -> relationship among resources & wages in population -> cycle of starvation and prosperity changes the number of people; more people means wages can be less because of competition for positions -> famine, disease, and war cause population to decrease and then food is abundant and wages increase -> working harder for the same level of wages means children are less attractive; then pop. decreases and wages level out again - Malthus thought this was a cycle that couldn't be escaped but he couldn't predict industrialization *real wages = purchasing power of income - now there was enough food to support booming of population (however living conditions were still pretty miserable) - most new te
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