Growth of industrialisation causes Flashcards

1
Q

Master and Servant Act

A

1823 failure to fulfil contract punishable, imprisonment

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2
Q

1813 repeal

A

Statute of Artificers: had regulated wages and working conditions since 1563

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3
Q

What dictated rate of change?

A

Market forces and entrepreneurialism

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4
Q

Combination Acts

A

1799/1800 meant growth could not be challenged by workers

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5
Q

‘free trade’ principles

A

Adam Smith ‘Wealth of Nations’
Influenced attitudes- fulfilling self interest results in societal benefit and argues against government intervention in the market

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6
Q

Richard Arkwright

A

Died 1792 : £500 000

Built mills across England

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7
Q

Richard Crawshay

A

Cyfartha Ironworks

Employed 5000 and had wealth over £200 000 by 1830

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8
Q

Middle Class Increase

A

by 75% 1816-1831

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9
Q

Establish Bank of England

A

1694

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10
Q

County banks issue bank notes

A

1797, central fund to pay wages effectively

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11
Q

1866 How many banks

A

154 joint stock, 800 branches nationwide

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12
Q

1808 banks

A

800 local banks

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13
Q

What did banking allow people, especially middle class to do?

A

Invest in developments, long term benefit and infrastructure

Many bought mills to supplement income

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14
Q

National capital invested

A

Industry trade and transport
5% in 1760
26% in 1860

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15
Q

Steam engine

A

1769 introduced

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16
Q

agricultural mechanisation

A

lowered need for labourers so migrated north

17
Q

urban area growth

A

grew 23-29% from 1801-51

18
Q

workers employed in manufacturing

A

2/5 in 1801

2/3 in 1871

19
Q

canals

A

4000 miles navigable waterways by 1820s

20
Q

exports

A

By 1811, £40/£130 million goods produced were exported

21
Q

divides

A

increased as some areas couldn’t access industry

22
Q

govt policies judgement

A

Responding to climate that’d benefit from stronger banking sector, removed impeding legislation.

Important in speed, but couldn’t alone.

Created foundations

23
Q

Growth of Banking judgement

A

Slow process
Only accessible to middle class
Allowed continuation of growth later on as more accessible

24
Q

Middle class judgement

A

Increased political sway
Govt removed legislation to keep support/ max profit
Initially crucial as invested and ran factories

25
Q

Geographical diversity judgement

A
Relied on use by middle class and their investment
Allowed more widespread- faster goods and resources
26
Q

Six Acts

A

e.g Seditious Meetings Prevention Act, 1819

27
Q

Government expansive policies/the trade

A

maintain empire providing markets (87% textiles produced were exported to African markets)

28
Q

When did European markets reopen?

A

1815