THE INDUSTRIAL REVOLUTION

Beschreibung

Mindmap am THE INDUSTRIAL REVOLUTION, erstellt von Francesca Silvestri am 29/09/2017.
Francesca Silvestri
Mindmap von Francesca Silvestri, aktualisiert more than 1 year ago
Francesca Silvestri
Erstellt von Francesca Silvestri vor fast 7 Jahre
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Zusammenfassung der Ressource

THE INDUSTRIAL REVOLUTION
  1. ENGLAND
    1. Factors of production
      1. Land
        1. Colonies
          1. enclosed farming
            1. abundance of natural resources
              1. fertile land
              2. Labour
                1. Surplus of food and people
                2. Capital
                  1. Strong banking system - Financial revolution - Shopping revolution
                3. Transport (network of canals, turnpike roads)
                  1. Liberal economic and political climate (there was a parliamtentary democracy, political stability, the absence of an absolute monarchy. The State protected overseas trades and ensured economic liberalisation which led to the abolition of commercial monopolies
                    1. Favourable intellectual climate
                      1. Belief in progress, central idea of the Enlightenment
                        1. Protestant work ethic and the spirt of capitalism
                          1. No censorship by Church or State
                            1. Enterprise and Entrepreneurship, dynamism of the economy: Men of ideas and Men of action started working together
                          2. INDUSTRIES AND TECHNOLOGICAL ADVANCES
                            1. New farming methods: rotation of crops and technological improvements
                              1. Factory production
                                1. More workers
                                  1. Faster, cheaper and more efficient production
                                  2. Spinning Jenny - the mechanical loom
                                    1. Transportation
                                      1. Steam-powered engine
                                        1. Factory machines (ex pumps)
                                          1. Steamboats
                                            1. Trains
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