Britain 2: growth of industrialisation Flashcards

1
Q

What are the 4 factors that caused the growth of industrialisation?

A

Growth of banking
Growth of middle class
Laissez-faire policies
Non-laissez-faire policies

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2
Q

Laissez-faire policies

What did the 1799 and 1800 Combinations Act do?

A

made it illegal to form unions

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3
Q

Laissez-faire policies

When was the Master and Servant Act?

A

1823

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4
Q

Laissez-faire policies

What did the Master and Servant Act do?

A

made failure to fulfil a contract a crime punishable with imprisonment

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5
Q

Laissez-faire policies

What did it mean that once businesses were established, govt then increased their non-laissez faire policies?

A

short-term growth was caused by laissez-faire policies as it gave freedom to establish, but long-term growth needed govt regulation to ensure it was sustainable

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6
Q

Laissez-faire policies

What did the 1846 repeal of the corn laws mean?

A

reduced govt protectionism on imports

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7
Q

Laissez-faire policies

What act repealed the 1720 Bubble Act?

A

1826 Banking Co-partnership Act

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8
Q

Laissez-faire policies

What did the 1826 Banking Co-partnership Act do?

A

limited the number of joint stock banks

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9
Q

Non-laissez faire policies

What did the 1835 Municipal Corporations Act do?

A

remove local councils from control of oligarchy (political influence)

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10
Q

Non-laissez faire policies

What did the 1835 Municipal Corporations Act give councils control of?

A

utilities such as sewage and water supplies

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11
Q

Non-laissez faire policies

What did the 1844 Banking Charter Act do?

A

placed a cap of 20 years on the lifetime of any new Joint Stock Bank = govt committed to being engaged with economy

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12
Q

Non-laissez faire policies

What did the 1833 Factory Act ban?

A
  • no children under 9 could work
  • children aged 9-11 to receive 2hrs schooling a day
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13
Q

Non-laissez faire policies

What did the 1847 Factory Act do?

A

introduced 10hr working day

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14
Q

Non-laissez faire policies

Which railway line was opened in 1825 that needed an Act of Parliament to allow the acquisition of land for the project?

A

Stockton-Darlington railway line

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15
Q

Non-laissez faire policies

Why was it important the govt had power over railways?

A

they were faster than canals, allowing faster trade

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16
Q

Growth of middle class

How did the free market ‘invisible hand’ economics of Adam Smith cause industrial growth?

A

there was little room for co-existence, causing competition between factories and increasing efficiency, causing growth

17
Q

In the short-term, what caused growth of industrialisation?

A

laissez-faire policies because this allowed businesses to establish

18
Q

In the long term, what caused growth of industrialisation?

A

non-laissez faire and govt intervention because this allowed the sustainability of industrialisation