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Wool Trade - Research Proposal Example

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Wool trade started at the time when England was still dependent on subsistence economy being in a feudal economic order. There was an increasing demand for food as the population grew, which resulted in inflation. The gentry, the free farmers, and the leaseholders, having had the food production in their hands, profited most from this order…
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Wool Trade

Download file to see previous pages... A need for food imports to a certain extent was the consequence of this practice.2
The industrial revolution is generally viewed as a continuous, self-sustaining process of economic growth with the presence of production and consumption.3 However, there is evidence leading to the point that standards of food consumption of the rural poor has deteriorated to a predominantly bread and cheese diet since the enclosure system took away their pasturage and land.4
The occurrence of the Industrial Revolution created an impact contrary to that of agrarian revolution. The industrial Revolution opened the doors for enterprise and industry in which the Enclosure removed the opportunity of the small man.5 Before the eminence of wool trade, most European countries made cloth for domestic consumption although certain areas produced looms and dyeshops which found a market al over Europe and the Near East.6 With all these scenarios, certain forms of agrarian organizations detached themselves from the general picture and continued on with the traditional feudal setting. The medieval village continued to be self-sufficing despite the economic transformation of the social system and produced the bulk of food.7
It was England which was the largest and most imp...
This paper aims to look at how the First Enclosure act influenced the industrial revolution of the 19th century which led to an industry that led to progress.

Statement of the Problem
This study seeks to determine how the First Enclosure act influenced the industrial revolution of the 19th century which led to an industry that led to progress.
Specifically, it aims to answer the following questions:
1. What are the factors that led to the progress of the wool trade in the 19th century
2. How did the wool trade sustain the transformation of the mode of production from self-subsistence to capitalist production

3. How did the first enclosure act safeguard the emergence of the industrial revolution of the 19th century

Significance of the Study
This study is significant to a number of persons within the same domain as its theme, such as students and future researchers. For the students, it can help them further understand the relevance of the wool trade in relation to the bourgeoning of the present trade liberalization policies and practices. For future researchers, this study can serve as a secondary material in their furtherance of a research on the similar subject. Members of the academe can benefit from this study by making it a reference material on related subjects.

Conceptual Paradigm
The conceptual paradigm of this study operates in the illustration below:

Research Methods
The methods to be employed in this research are descriptive-qualitative method, historical analysis, and case studies. As a qualitative research, the study is concerned with process rater than outcomes or products.9 As a historical research, the historical analysis to be employed is based on the systematic collection and evaluation of data related to past occurrences in ...Download file to see next pagesRead More
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