Learning Paths » 5B Interacting
The Industrial Revolution was the substitution of the medieval regulations with the factory ssystem of production that is the industrial one. It brought the growth of two systems of thought: economic science and socialism.
The first could be recognized into four landmarks:
- Adam Smith who investigated the causes of wealth
- Malthus instead considered the product of revolution
- Ricardo sought the laws of the distribution of wealth
- John Stuart Mill found the differences between the laws of production and distribution
With the development of the Industrial Revolution there was a positive and relative decline in agricultural population.
During the end of the eighteenth century the revolution started with the manufacturing industries.The three most important causes were:
- the destruction of the common-field system of cultivation
- the enclosure of common and waste lands
- the consolidation of small farms into large ones
As a result of the previous situation, there were advancements in agicultura like the improve of the breed of cattle, the introduction of the rotation of crops, the invention of the steam-plough and the institution of agricultural societies.
The manufacturing industry there was in fact the substitution of the factory system for the medieval domestic system.
Four great inventions contributed to the development of industry namely
- the spinning jenny,
- the water-frame,
- Crompton’smule
- the self-acting mule.
But the two most important invention were the steam-engine and the power loom.
Also the iron industry underwent a real revolution thanks to the invention of smelting and the application of the steam-engine to blast furnaces.
Farmers got power and created a distinct class and lots of conflicts were recorded