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What led to the industrial revolution in Europe - Essay Example

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In the book Mokyr raises the question either if the industrial revolution can in any way be compared to the French and other revolutions. He also considers one of the very reasonable question that either this is a evolution of men or combination of different events…
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What led to the industrial revolution in Europe
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"What led to the industrial revolution in Europe"

Download file to see previous pages He also considers one of the very reasonable question that either this is a evolution of men or combination of different events. Writer sums ups his ideas as: The lust for more money and prosperity and growth with low costs as compared to the feudal system of life lead the way for industrialization of Europe. And infect the agricultural conditions in Europe were not confident enough to yield surplus amounts for the people. Then domination over the globe started on the name of trade. Mokyr, Joel. 1993. The British industrial revolution: an economic perspective. Boulder: Westview Press. The Industrial Revolution on the Continent: Germany, France, Russia 1800-1914  By W.O. Henderson Henderson in the chapter “the new masters and their women” describes about the change in lifestyle of the rural land. The introduction of the steam engine and railway tracks can be credited for the first brick in the industrial revolution. ...
1961. The industrial revolution in the eighteenth century: an outline of the beginnings of the modern factory system in England. New York: Macmillan. The nature of men is always filled with progressive ideas and innovations. The life at the start of the 18 century was also optimistic and free. At the beginning of the 18th century farming was practiced as the primary occupation throughout Europe. Feudal system ruled vast areas, in which merchants earned good amounts of money by trading the finished product of the farms to the market. The population was growing as well as the demands. End of civil wars lead an end to the feudal system which was now replaced by the monarchy system, as in Britain. Now the point was to enhance the economic growth to fulfill the growing demands. With the invention of the steam engine, the concept of ‘factory system was introduced. Young marriages and the resistance to overcome diseases increased the population growth which in turn prepared a large manpower, an essential requirement for the factory system. Rail system was the element improving trade. The workers of cottage industry loved the new evolving idea of mechanization. England was the first among the European countries to come up with relevant industrial rules. The trade was increasing and now the people were not dependent on the autocrats. Wealth went on flourishing and England had a middle class prepared to welcome it. In the era following the 18th century the per capita increase is in a greater ratio as that of population growth. In the words of Nobel Prize winner Robert E. Lucas, Jr., "For the first time in history, the living standards of the masses of ordinary people have begun to undergo sustained growth ... Nothing remotely like this economic behavior has happened ...Download file to see next pagesRead More
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