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Discuss the interpretation of First Industrial Revolution as an Industrious revolution - Term Paper Example

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Interpretation of First Industrial Revolution as an "Industrious revolution" Table of Contents Introduction: The first industrial revolution 3 Industrious revolution 3 Development of the industrious revolution 5 Industrious revolution and consumption revolution 9 Demand versus supply during industrial revolution 12 Conclusion 13 Works cited 14 Introduction: The first industrial revolution Industrial Revolution refers to the phenomenon of rapid development of industry…
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Discuss the interpretation of First Industrial Revolution as an Industrious revolution
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Discuss the interpretation of First Industrial Revolution as an Industrious revolution

Download file to see previous pages... Due to the introduction of improved methods, production could be made at a much larger scale than before. Improvements in methods of production and production possibilities in large scale allowed the manufacturers to produce better quality products at lower cost and within a lower period of time than it could produce previously. There are debates regarding the origin of the industrial revolution. According to some authors and historians, the beginning of the revolution was in Britain. The industrial revolution has been often termed as British invention. However, according to some other sources the roots of the revolution is unclear. Several European countries participated in the revolution and made it a global success. Some researchers have claimed that the term was first coined in France. Significant improvements can be found to have taken place during this period in France in economic as well as social spheres. These combined changes were named as ‘revolution industrielle’ in France and it was considered to be an economic counterpart of the political revolution that was taking place in the country during the period. Industrious revolution One thing is apparent from this discussion; it is that the industrial revolution took place as a result of considerable hard work and diligent attitude of the people that took the leading position in this revolution. The industrial revolution is the outcome of an ‘industrious revolution’ that took place in different parts of the world to improve the status of production units in the economies that participated in this activity. It took the form of industrial revolution when many countries from Europe as well as Asia took part in it. The phase of industrious revolution was prior to the industrial revolution between the 17th century and the 19th century. According to some scholars, this revolution was the forerunner of the industrial revolution (Craig and Thomas 248). The phenomenon of industrious revolution refers to the spending behavior of households during the 17th century. Therefore, it relates to the production as well as consumption of products and services. The simplistic explanation of the cause of revolution is that there was an unprecedented rise in demand for goods and services in the market. The industrious revolution took place before the industrial revolution took shape. Understanding of the industrious revolution would allow readers to understand the context of the industrial revolution better. According to information revealed by various sources, the first industrial revolution took place in the early Modern Period. The period of revolution was characterized by availability of excess of money as well as excess amount of food crops. This was the result of development of new technology and methods of production. However, the force that led to these technological advancements took shape during the pre-industrial revolution period, known as industrious revolution. During this period England moved from being an economy with sporadic technological changes to an economy in which persistent technological advancements took place. Well known historians, Joachim Voth and Jan de Vries have ...Download file to see next pagesRead More
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