Homework - Read in the Industrial Revolution notes up to the section "Industrialization of Life"
# 1
– Industrial Revolution – In its Millennium issue, the British magazine The
Economist wrote, “The
industrial change, however, was neither as swift nor as complete as is often
thought. Tradition describes a roaring take-off between 1770 and 1830, driven
by a handful of technological innovations, such as textile machinery and James
Watt’s improved steam engines; and, hey presto, Britain is “the workshop of the
world”. In fact, the process had begun in the 17th century and was still
incomplete in the 1830s, by when only a few industries—mining, metal-working,
textiles, brewing—had taken to “factory” methods.”
In contrast, Nobel Prize winner
in economics Robert E. Lucas described the Industrial Revolution by saying, "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 before".
Is it
correct to consider development of industrialism in England an “Industrial
Revolution”?
