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What Were The Causes For The Industrial Revolution?

Industrial Revolution Essay

Date : 09/08/2013

Author Information

Jasmin

Uploaded by : Jasmin
Uploaded on : 09/08/2013
Subject : History

What were the causes for the Industrial Revolution?

There were many causes for the Industrial Revolution some major some minor but there are just a few I will explain.

Firstly inventors; inventors were very important for the rapid change in industries in Britain. Inventors such as Jethro Tull, used simple machines to do little jobs that used to take a lot of labour to complete but with the assistance of machines what would usually take thirty to forty workers now would take only five or so. This goes to show how much technology and few who think that they can make a difference can bring a country if not a world to create better future for others. But most of the inventors of that time spent all their money on their research so this made room for others that had money to help inventors to market their invention or product; Also known as entrepreneurs. This also brings me onto my next point.

These people basically funded the Industrial Revolution. They also put forward improvements to the product; adding their comments from their intellectual strengths. Often if a certain invention required a lot of money to produce then a group of entrepreneurs would come together and each offer a particular amount of money to fund the costs of research and manufacture. The cost of manufacturing would mostly go to labour costs and more and more workers got jobs in these kinds of factories or warehouses.

Another very important contributor to the Industrial Revolution was improvements in farming. Improvements in farming led to new machinery and fertilisers being invented as the market and demand began to rise at a rapid pace. Enclosure was also needed to help keep the welfare of the crops to standards that could support the quickly rising population. As farming improved fewer workers were needed to work on the land. People who lost their jobs could go and work in the factories. Enough food could now be grown to feed the people who lived in towns and cities. Farming communities provided a large market for the goods made in the new factories.

Government for once played a large role of the beginning and contribution to foreign wars. They also held the keys to all of the country's capital. This was until the world's/country's first proper banks were introduced that the money as loans could be released into the world and for a while they lifted the tension of extreme poverty but as we now know it has helped to increase the likely hood of debt. Foreign wars helped the industry because iron was needed for weapons, textiles were needed for uniforms, and more ships had to be built. Also Britain had very large supplies of the most important raw materials, especially coal and iron ore. Coal supplied the power to drive the steam engines that drove the machinery in the factories. Machines, ships, railways and weapons were also made from iron. Britain's empire was rapidly growing, and colonies were important because British goods were sold there. Raw materials from the empire, for example; tobacco, sugar, cotton and timber, were shipped back to Britain to supply our factories.

Merchants who made money from trade with our empire invested some of it in improving British industry and transport. This was because they believed that they could make large profits. The money that was used to start up our industry in this way was called capital.

In 1830 there were twice as many people as in the 1720s. On average, a family spent two or three times as much on manufactured goods in the 1820s as in the 1720s. These goods were made by British factories. The growing population also meant there were plenty of workers for the factories that needed cheap labour.

Every time a new factory was opened it needed money, but in the early eighteenth century it was very difficult to borrow money/be loaned the money so, local businessmen started to set up their own private banks. These banks lent people money mostly if they wanted to open factories. By 1800, there were over 70 banks in London and around 400 private banks in the rest of the country.

In conclusion I feel that all of the causes for the Industrial Revolution are linked in some way as the outcome and aim are similar most are to improve the standard of living by improving the Industrial sequence/circle.

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