HIST 1707 Lecture Notes - Bourgeoisie, Social Mobility, Spinning Jenny
7 Jul 2014
School
Department
Course
Professor
Document Summary
Industrial revolution was the beginning of industrial capitalism (the use of machines to make things like textiles, paper, glass, etc), economy still living with in the 18th century. Started in britain, late 1700s, and quickly spread to the rest of western europe. Wasn"t predicted that europe was about to become the world"s leading economic power. China and islamic middle east were ahead technologically. By 1750, world had equalised in terms of rates of production of goods. (russia, china was richest country in the world, us, western europe, india, etc) By 1800, industrial revolution was happening in britain + western europe. Pace of economic growth had broken out ahead of other regions of the world. Incredible divergence between the west and the rest. By 1900, western europe had surpassed india and china in terms of productivity. Industrial revolution dramatically increased pace things could be made/distributed. Also gave western europe technology ways of a transporting stuff to the rest of the world.
