10612779
Description
Mind Map by Francesca Silvestri, updated more than 1 year ago
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Created by Francesca Silvestri
almost 7 years ago
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THE INDUSTRIAL REVOLUTION
- ENGLAND
- Factors of
production
- Land
- Colonies
- enclosed
farming
- abundance of natural
resources
- fertile
land
- Colonies
- Labour
- Surplus of food and
people
- Surplus of food and
people
- Capital
- Strong banking system -
Financial revolution - Shopping
revolution
- Strong banking system -
Financial revolution - Shopping
revolution
- Land
- Transport (network
of canals, turnpike
roads)
- 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
- Favourable intellectual
climate
- Belief in progress, central idea of the
Enlightenment
- Protestant work ethic and the spirt of
capitalism
- No censorship by Church or
State
- Enterprise and Entrepreneurship, dynamism of the economy:
Men of ideas and Men of action started working together
- Enterprise and Entrepreneurship, dynamism of the economy:
Men of ideas and Men of action started working together
- Belief in progress, central idea of the
Enlightenment
- Factors of
production
- INDUSTRIES AND
TECHNOLOGICAL ADVANCES
- New farming methods: rotation of
crops and technological
improvements
- Factory
production
- More
workers
- Faster, cheaper and more
efficient production
- Faster, cheaper and more
efficient production
- Spinning Jenny - the
mechanical loom
- More
workers
- Transportation
- Steam-powered
engine
- Factory
machines (ex
pumps)
- Steamboats
- Trains
- Factory
machines (ex
pumps)
- Steam-powered
engine
- New farming methods: rotation of
crops and technological
improvements
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