Lecture: Industrialization

Preconditions for the Industrial Revolution

Resources

- energy: water, fuel: wood, then coal

- raw materials: cotton, iron ore,

- people——labor: enclosure, push people off land

- food for the people: agricultural revolution cause and consequence

- housing for the people: urbanization

Capital

- need cash to start it; where is it coming from?

Education?

Initiative

Profit

Customers

Transportation

Laws, courts

New attitudes

Better agriculture

Population growth

Better transportation

Lack of internal tariffs

Empire

Product

Cotton

Iron

Steam

Railroads

Coal mining

Max Weber and the Protestant ethic

Continental industrialization

Reasons for late industrialization

Poor transportation

Lack of political unity

Underdeveloped capital markets

Putting-out system

Factory paternalism

Advantages of late industrialization

Technological leap-frogging

State support

Technical education

Effects of the Industrial Revolution

Uneven development

Eli Whitney: "spinning jenny" | James Hargreaves | spinning mule | coke-fired blast furnace |