ch. 21 Flashcards
overview of industrial revolution
machines began to replace human and animal power in the manufacturing of goods.
commercial revolution
brought about the age of explploration
rise of capitalism
increased use of the surplus money for investment in ventures to make a profit
flying shuttle
enabled weaver to throw shuttle back and forth between threads with one hand
spinning jenny
mechanized the spinning wheel
water freame
improved thread spinning
spinning mule
combined the best features of the spinning jenny and the water frame
agricultural revolution
vital to the industrial revolution supply of cheap and abundant labor emerged as the enclosure movement forced many landless farmers to move towns and cities , revolution in agriculture made it possible for fewer farmers to feed large numbers
colonial empire
gave Britain access to raw materials
role of gov
gov was sympathetic to industrial development
stable gov
successful outcome of wars did not leave england devastated, rise of house of commons became an instrument of middle class to gain gov cooperation and secure middle class loyalty
bubble act
repealed which again allowed for the creation of joint stock companies
lowes act
allowed for the limited liability for business owners
navigation acts and corn laws
decreased mercantilism’s stifling effect in certain industries.
growing demand for textiles
led to creation of worlds first large factories: proto industrialization, steam engine, metallurgical industries, etc