THE INDUSTRIAL

REVOLUTION

By Irene Santana, Laura Cano & Julia Olmedo

Why in England firstly?The particular conditions of this country

From the 18th century onwards Europe suffered a transformation in

industry from:

Agrarian economy Industrial and urban economy

This fundamental transformations began in Britain due to

ECONOMIC and SOCIAL CHANGES.

That´s the reason why that country was the first one suffering this

transformation.

From the 18th century onwards Europe suffered a transformation in

industry from:

Agrarian economy Industrial and urban economy

This fundamental transformations began in Britain due to

ECONOMIC and SOCIAL CHANGES.

That´s the reason why that country was the first one suffering this

transformation.

This economic and social changes included:

●POPULATION GROWTH

●TRANSFORMATIONS IN TRADE AND BANKING:Triangular Trade, credit, financial system

●AGRICULTURAL REVOLUTION

This economic and social changes included:

Means of subsistence Source of wealth

AGRICULTURAL REVOLUTION

Horse Drawn Hoe

●ENCLOSURE ACTS were introduced in

order to divide the land in large previous

estates,some of then used for public use.

●New methods and technologies were

introduced to make agriculture more

productive, like FOUR-CROP ROTATION

SYSTEM or NEW MACHINERY.

Viscount Townshend was the inventor of this system

(also known as the Norfolk system) which consists of

rotating four different types of crops and grazing:

Source: Laura Cano

Enclosure Acts benefited big

landowners because they made

more profit, but small landowners

suffered a lot with this laws.

Finally most small landowners

sold their work and estates to

more powerful and bigger

estates or they migrated to

cities looking for a job.

RURAL EXODUS

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THE TRIANGULAR TRADE

The Triangular Trade is a historical term indicating trade among three

different ports or regions.

The Triangular Trade during the Industrial Revolution was done between

England, Africa (the area in between the rivers Senegal and Congo) and

the American coast.

Source: wikipediaSource: google images

The Triangular Trade began in England, with the British taking to Africa

some goods, such as clothes, guns or brandy.

Later, on the West African coast, they exchanged those goods for slaves,

and then took them across the Atlantic to sell them in North America.

Finally, when they were in America, the British sold the slaves. With the

money they obtained from the selling, they bought goods like sugar,

coffee, tobacco or rum. They returned to England and sold there the

goods they had obtained in America.

ECONOMY AND THE FINANCIAL SYSTEM

The growth in trade required money and credit so banks in Britain provided a system that supported the economic development of the

country.

● Banks became increasingly. ●They provided loans and invested capital. ● Financial operations became more complex and banks

●Business began to use checks and letters of credit.

The new industrial system demanded a change in the financial world...

The new big anonymous societies were appearing:They were essential to finance the costs that the production of

machines and the construction of railways demanded.

Due to the concentration of capital Big international banks were formed

Credit permited carrying out works more expensive and profitable.

England was the first country that suffer the industrial revolution due to all this aspects.After it this revolution spread to the rest of

Europe.

A new world was born.

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BIBLIOGRAPHY

http://en.wikipedia.org

http://abolition.e2bn.org/slavery_43.html

https://www.google.com/imghp?hl=es&gws_rd=ssl

http://www.bbc.co.uk/bitesize/ks3/history/industrial_era/the_slave_trade/revision/2/

Social Science 4th year ESO book

http://www.profesorenlinea.cl/universalhistoria/RevolucionIndustrial.htm