Secondly, gin cotton relatively cheaper as compared to the already available cotton for use. Due to the cheaper price of gin cotton, it became very affordable to both the rich and the poor (Harrison, 1986)
However, Britain refused to comply with this order and instead countered this move. They sent a huge group of their military, comprising of English and Indian soldiers who had defected their authorities and joined the British, to battle it out with the nawab military, which were assisted by the French military (Higgins & Pollard, 2006)
Since food was now cheap, low wages could still maintain a given household since expenditure was reduced altogether. This gave India a comparative advantage over its competitors (Jacob, 1946)
Massive importation followed and at the end, cotton was so much that again there was need for the extra cotton to be exported to Africa. West Africa gladly traded with the British in exchange with slaves who could be sold in the Caribbean to work in the cotton plantations (Marks, 2007)
Industrial Revolution and Its Consequences, 1750- Industrial Revolution Institution of Learning Course Code / Title Industrial revolution refers to the rapid and complex changes, both socially and economically, mainly because of introduction of extensive mechanization resulting in a change in production. Mechanization changes the formerly small scale hand-based production to a large scale production system that employs extensive use of machinery (Mokyr, 1985)
The English introduced machinery into the textile industry with the invention of the spinning jenny, the mule, and the water frame. However, the reason and the way this industry was revolutionized by England lies outside the west and in Asia (More, 2000)
They therefore camped in Bengal and Madras, trading with Indians and making massive profits in the process. Things changed toward the end of seventeenth century however and the French and British forces clashed in India (Williams, 1994)
Manufacturing a Revolution If the French Revolution can be considered a true revolution based solely on the grounds that it caused a major change in the course of world history, then it would seem obvious that the Industrial Revolution must also be considered a true revolution. This social revolution has fundamentally altered civilization on a worldwide basis far more directly, extremely, and pervasively than any single nation's change in administration ever could (Goloboy & Mancall, 2008)
So when someone raises a question like, is the French Revolution or the Industrial Revolution more of a true revolution, the answer must include an analysis of the word itself. Revolting Like the French When the question of whether or not the French Revolution is a true revolution is raised, it is typically because the Revolution did not succeed in the sense that it neither established a new stable and democratic government in the country nor prevented a return of the monarchy (Neely, 2008)
has fallen to about 20,000 from more than 25,000 in the late 1980s. In the last few years, the average size of home improvement stores has grown about 10%, while the number of independent mom-and-pop stores continues to fall" (Gouras 2003)
Just like the Industrial Revolution changed the sun-up-to-sundown model of agricultural labor, so has the Knowledge Revolution, fueled by the Internet. "Long established workplace conventions -- from defined office hours to physical office space -- are being tossed out the window" (Kaufman 2013)
"Capitalizing on the favorable trends in same store sales, the Company will open about 1300 stores world-wide in fiscal 2013. About half of the stores -- around 600 -- will be opened in China" (Loeb 2013)
During the first half of the 19th century, the effects of the industrial revolution triggered significant changes in the types of work many people did, including major changes in the lives of many women. As employment congregated more and more around industry, cities grew, and society began to take on characteristics familiar to most people today (Craig et
Late into the 19th century women could not vote and rarely participated in political events. The social reforms that moved them into employment gave their husband more power as the economic head of the household and helped keep women as second-class citizens (Tilly, 1994)
For the human population, this would be a serious action. Because of unplanned temperature changes and a reduction in agriculture, human health would drastically decline (Houghton, 2009)
This may be better understood by thinking of the earth as an organism itself, the so-called Gaia idea, in which the complex systems of the earth's forest may be seen as the respiratory system, etc. When one thinks of the earth in this manner, it is easy to identify environmental changes that impact both the course of human and natural history (Lovelock, 2010, 1-14)
We now know that contaminants have been introduced into the earth's environment from processes like volcanic activity for eons. As well, from evidence collected from prehistoric dump sites, through the blatant release of literally tons of toxins in the air and water during and after the Industrial Revolution, to the modern problems associated with larger populations and excess wastes, there is a clear and quantifiable negative impact from humans upon the earth (Markham, 1994)
The developed world, realizing that it cannot simply use the rest of the world as resource rich colonies without consequences, now sees the benefit in helping less developed areas modernize. Even fifty years ago, it is unlikely that many Europeans would have predicted the European Union and demise of so many national borders; open trade with Russia, and China as one of the West's major creditors (Steger, 2008, 41-82)
From an economics perspective, the outcome of this period proved to be very positive and this provided the foundation for all modern economies in the contemporary period. When Adam Smith wrote about such development in the eighteenth century he came to the conclusion that the division of labor and the widening of the market economy encouraged technological innovation which certainly seemed to be the case during this period (Landes 1998)
Employees were not entitled to vacation, sick leave, and unemployment compensation. In 1882, the average of 675 laborers was killed in work-related accidents each week (McDougal 2000)