Creation Of A New Middle Class Flashcards
How were British classes initially divided before industrialisation?
Into land owners and land workers
How was industrialisation able to create a new middle class?
Men were able to take advantage of economic opportunities to develop wealth from the growth of trade and service industries
Who made up a majority of the new middle class?
Small factory owners and merchants
Between 1816-1831, what was the growth of this new middle-class?
160,000 to 214,000
What was the ideology of this new middle class?
Very profit driven due to free-market approach
What was this new middle-class able to highlight the importance of?
Business decisions (I.e Arkwright bought a cotton mill in Derbyshire, died with £500,000)
What was the secondary impact of the creation of a new middle class?
Growth of urban working class attracted by stable employment the middle class could offer
