HIST-102 Lecture Notes - Lecture 46: Interchangeable Parts, Import Substitution Industrialization, Deindustrialization
13 Oct 2020
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Raw materials: wheat, bullion, timbre, saltpeter, industrial metals. Markets: calico acts, import substitution, de-industrialization of india. Trade with asia through the eic changed british material culture. Britain imports new luxury goods in the 17th century. Product innovation stems from effort to imitate manufactured goods from societies like china and india. Arms manufacturing was an early sector of industrialization. Guns are made in assembly lines with interchangeable parts, depend upon and inspire new techniques in metallurgy. Most british manufacturers went to current or former colonies early on. All colonies had boomed in population: trade policy toward india. The eic imports indian textiles to britain throughout the 17th century, creating high consumer demand for foreign cotton. Calico act of 1701: bans certain type of manufactured indian cloth from being imported to. This protects the domestic industry which starts producing cotton textiles but which can"t compete with the more advanced indian industry.
