Learning Paths » 5A Interacting
I am going to write a short summery about the chief features of the Industrial Revolution. Introducing the Industrial Revolution it's important to know that it is the substitution of competition for the mediaeval regulations which had previously controlled the production and distribution of wealth. In addition the Industrial Revolution is a process which took place in Great Britain during the second part of 18th.
So on it is a dynamic transformation occurred in the economic, social and cultural level. Owing to the Industrial Revolution, two new systems of thought were born: Economic Science and Socialism.
In this period four English economists described this important process:
Adam Smith wrote the Wealth of Nations in which he analyzes the causes of wealth and he aimed at the substitution of industrial freedom for a system of restriction.
Malthus wrote the Essay of Population in which he directed his inquiries to the causes of poverty.
Ricardo ascertains the laws of the distribution of wealth and analyzes how wealth is distributed under a system of industrial freedom in his Principles of Political Economy and Taxation.
And, in his Principles of Political Economy Mill tries to solve the problem about how wealth ought to be distributed.
Back to the chief features you have some agricultural changes that led to a significant decrease in rural population.
The first change was the transformation of the open-fields system of cultivation into private property.
The second change was the urbanization linked to enclosures.
When the enclosures were introduced, the farm workers lost their jobs and had to move from the countryside to the town. They had to change their life. In correspondence to mines new towns and factories had been built so that the farm workers could be work.
As a consequence the substitution of large for small farms reduced the number of farmers so the laborers had no land to work and so they lost their rights.
These changes were upon the rural population but they brought improvement from an agricultural point of view.
These improvement brought to a great agricultural advance thanks to the extension of arable cultivation, the possible tillage of inferior soils, the rotation of crops, good farms buildings, the improvement of the breed of cattle, the invention of the steam-plough.
In addition there was a transformation from the domestic to the industrial production system thanks to the discovery of the spinning-jenny, the water frame, the self-acting mule, the steam-engine and the power- loom.
Going on the introduction of smelting by pit- coal and the application of the steam-engine to blast furnaces were important in the iron industry.
As a consequence the great advance made in the means of communication (development of the canal system, the construction of thousand additional miles of turnpike road, the first railroad built in 1830) brought to the expansion of trade.
While the capitalists made great fortunes, the workmen suffered from the condition of work under the factory system and also for the rise of prices, so the workmen on their side began to create Trades-Unions to fight for their labour law.