Notes on The Industrial Revolution
Definition:
- The Industrial Revolution was a major change that happened first in Britain in the late 18th century and then spread to Europe and North America in the 19th century. It changed societies from mostly rural (countryside) to urban (cities) and set the stage for modern capitalist society.
Key Ideas:
- The term "Industrial Revolution" makes it seem like it was one big event, but it was actually a series of changes in technology, society, and economic growth that all influenced each other.
- Britain was the first country to industrialize because it had certain advantages:
- Natural Resources:
- Abundance of raw materials like water, iron, and coal which were essential for factories and machines.
- Capital Availability:
- Low interest rates and a wealthy middle class wanting to invest in new inventions and technologies.
- Large Market:
- An expanding empire meant more places to sell manufactured goods, and Britain had a strong navy to transport these goods around the world.
- Natural Resources:
Important Invention:
- The steam engine was crucial to the revolution. It was invented by Thomas Newcomen in 1712, and improvements made by others helped it to become a powerful tool for industry.
Key Terms:
- Urban: Related to cities.
- Rural: Related to the countryside.
- Capital: Money used for investment.
- Merchant Navy: A fleet of ships used for commercial trade.
Summary:
The Industrial Revolution was not just one event but a mix of improvements in technology, economic changes, and social developments. Britain had the right resources, money, and market, which helped it lead the way in this major shift from rural to urban society. The steam engine played a vital role in powering this change.