HIS-1400 Lecture Notes - Lecture 13: Samuel Crompton, Henry Bessemer, Blast Furnace
27 Oct 2016
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Marx argues the beoroisie begins with the industrial revolution. Mercantilism government regulates the trade and industry for the growth of its own wealth. Capitalism private individuals or corporations own the means of production and trade on a free market for their own greatest advantage jump started by the mass production of consumer goods. Coal becomes the primary source of fuel, before it was wood. In great britain, consumption of wood lead to widespread deforestation. The deposits were near rivers so they had easy transport, and they were near large populated areas so there were plenty of people to acquire it. 1757- great britain gains control of india: not only getting spices now, but also cotton, the traditional fabric of india. Cotton is lighter, more breathable, easily dyed, easy to clean, and all in all, more advantageous. The flying shuttle (1733: by john key, dramatically increased the speed by which fabric could be made from thread.
