lunes, 21 de octubre de 2019

World History: Industrial revolution
from 18th century

In history, it is documented that the Industrial Revolution of the late
18th and early 19th centuries was radical because
it changed the industrious capability of England,
Europe and United States.
These revolutionary changes were in seen in development of new
machines, smoke-belching factories, increased
productivity and an augmented standard of living.
The Industrial Revolution was an era during which principally
agrarian, rural societies in
Europe and America became industrialised and metropolitan.
Earlier to the Industrial Revolution,
manufacturing was done in homes. People used hand tools
or basic machines.
Industrialization was observed as a period of shifting to powered,
special-purpose machinery, factories and mass production.
The iron and textile industries, along with the development of the steam engine,
played vital roles in the Industrial Revolution, which also saw advanced
systems of transportation, communication and
banking. Though industrialization brought advancement of
technology and variety of
manufactured goods and enhanced standard of living for particular
groups of people, it also caused unemployment
and worse living conditions
for the poor and working classes.
With industrial revolution, English, European, and American society
transformed to a deep level. Like the Improvement or the French Revolution,
no one was left unaffected. Everyone was affected
in one way or another peasant and noble, parent and child,
artisan and captain of industry.
The Industrial Revolution created modern Western society.
Harold Perkin has witnessed that "the Industrial Revolution was no mere
sequence of changes in industrial techniques and production,
but a social revolution with social causes as well as profound social effects"
(The Origins of Modern English Society, 1780-1880 (1969).
Many intellectuals explained that The Industrial Revolution was
the changeover to new manufacturing processes in the period from about 1760 to
between 1820 and 1840.
This evolution included going from hand production methods to
machines, new chemical manufacturing and iron production
processes, improved efficiency of water power,
the increasing use of steam power, and the development of machine tools.
It also comprised the change from wood and other bio-fuels to coal.
Textiles were the foremost industry of the Industrial Revolution as it offers
huge employment, value of output and capital invested.
It was observed that the textile industry was also the first to use modern
production methods (Landes 1969).
Historical evidences signified that the Industrial Revolution
results a major defining moment in history; as every aspect of daily life
was influenced in some way.
Particularly, average income and population began to reveal unparalleled
sustained growth. Several economists stated that the major impact
of the Industrial Revolution was
enhancement of living standard for the general population.
Although other group of scholars have said that it did not begin to
profoundly improve until the late 19th and 20th centuries (Feinstein, 1998).
It has been documented in studies that the Industrial Revolution started in
Great Britain, and spread to Western Europe and North America within a few decades
(Landes 1969). The exact start and end of the Industrial Revolution is still disputed
among historians, as is the speed of economic and social changes (Berg, 1998).
GDP per capita was generally stable before the Industrial Revolution and the
advent of the modern capitalist economy, while the Industrial Revolution began a period
of per-capita economic development in capitalist economies (Lucas, 2003).
Economic historians agreed that the beginning of the Industrial Revolution
is significant event in the history of humankind
since the domestication of animals, plants and fire.
The First Industrial Revolution progressed into the Second Industrial Revolution
in the transition years between 1840 and 1870, when technological and
economic development sustained with the increasing acceptance of steam
transport (steam-powered railways, boats and ships), the large-scale
manufacture of machine tools and the increasing use of machinery in steam-powered factories.
Many modern historian observed that the industrial revolution was basically
a technological revolution, and progress in understanding it can be
made by focussing on the sources of invention.



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