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4. The Spread Of The Industrial Revolution, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart
4. The Spread Of The Industrial Revolution, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart
Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism
During much of the nineteenth century Great Britain strove with notable success to maintain her position as the world's leading industrial, commercial, and financial power. Her factories continued turning out textiles, machinery, and many other goods which were exported to all parts of the world. Her merchant marine continued to be the largest of any country. London was the financial capital of the world. Britain had adopted the gold standard in 1821; most western European nations and many others eventually followed her lead. The English pound was everywhere acceptable as international exchange. By 1850, when half of all Englishmen were …
3. The Second Industrial Revolution, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart
3. The Second Industrial Revolution, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart
Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism
There is abundant evidence for the opinion that after about 1850 the Industrial Revolution entered upon a new phase in its development. Inventions occurred at a more rapid pace than ever before in history. (Between 1850 and 1914 there were more than fifty times as many patents issued in the Unites States as during the preceding sixty years.) Increasingly these inventions were the work of scientists and engineers working in the research laboratory rather than of self-taught craftsmen, as had often been the case in the eighteenth century. [excerpt]
1. The Beginnings Of Industrialization In England, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart
1. The Beginnings Of Industrialization In England, Robert L. Bloom, Basil L. Crapster, Harold L. Dunkelberger, Charles H. Glatfelter, Richard T. Mara, Norman E. Richardson, W. Richard Schubart
Section XIV: The Industrial Revolution, Classical Economics, and Economic Liberalism
The most momentous development of the last century and a half has been the industrialization off Western society and, more recently, the spread of that industrialization to other parts of the world. No subsequent chapter of this book can be written without taking into account the fundamental cultural transformations involved in the Industrial Revolution and which, since its course is not yet run, are still being involved. Neither the foods we eat, the clothes we wear, the houses in which we live, the vehicles in which we transport ourselves, the amusements through which we seek diversion, the weapons with which …