Industrial revolution

Question 1

5 key features of IR

Answer 1

1. Large-scale production
2. Tech. innovations
3. New products
4. Overseas markets
5. Institutional changes

Question 2

3 waves of IR?

Answer 2

1. Britain (1760-1850)
2. Europe (1850-1870s)
3. N. America (1870s-1914)

Question 3

5 favorable conditions for British IR

Answer 3

1. Favorable political climate
2. Colonies -> wealth
3. Accessible geography
4. Tradition of industrial employment
5. Conditions ripe for tech. innovations

Question 4

2 consequences of DoL

Answer 4

1. Increased productivity
2. deskilling workforce

Question 5

4 Key inventions to spark IR

Answer 5

1. steam engine
2. flying shuttle
3. spinning jenny
4. power loom

Question 6

What did the 2nd phase of British IR introduce? (2 things)

Answer 6

1. agglomeration processes
2. Follow-through innovations

Question 7

What did the 3rd phase of British IR introduce?

Answer 7

Expansion of railway system

Question 8

Key idea from European IR?

Answer 8

technological transfer

not necessarily innovation

Question 9

3 key regions in European IR

Answer 9

Sambre et Meuse
Nord Pas de Calais
Rhine Ruhr

Question 10

What are the 2 key concepts of Regulation Theory?

Answer 10

-Regime of Accumulation
-Mode of Social Regulation

Question 11

4 Key words associated with Fordism

Answer 11

Taylorism
Mass production & consumption
Economies of scale
Division of labour

Question 12

6 key developments enabling growth of Fordism post-1945

Answer 12

1- Keynesian economic planning
2 - suburbanization
3 - mass production techniques
4 - Key industries (cars, heavy equipment, steel, oil, etc)
5. New R&D
6. oligopolistic competition

Question 13

What is the MOSR under fordism?

Answer 13

Keynesian Welfare State

=> capital & labor work together to float fordist mass production thu state intervention