HISTORY 21B Lecture Notes - Lecture 15: Malthusian Trap, Flying Shuttle, Thomas Robert Malthus
Document Summary
Allowed a single weaver to weave wide fabrics. Helped to launch the first factory system for cotton fabrics. Industrialization brought about rapid and radical change to societies across the globe. It was part of a larger transformation in trade and industry that created new forms of consumption as well as production. It was a global process but happened unevenly, beginning in europe. 1600-1800 more people dependent on market purchases. Incomes fell but more goods bought and sold. Increasing demand building economy both regionally and globally. Conditions in china not markedly different to 1800. Until 1800, the flow of world goods (excluding silver) was from asia into europe. From 1800 onward the flow reversed, and cheap manufactured goods passed from. Colonial raw materials passing to europe, processed and exported to internal and foreign markets in asia. An essay on the theory of population 1798. Shift from mercantilism to free trade capitalism. The emergence of the middle class or bourgeoise.
