ECON 334 Lecture Notes - Lecture 7: Industrial Revolution
Document Summary
Last lecture recap: the industrious revolution was a phenomenon defined by, a(cid:374) i(cid:374)(cid:272)rease of fa(cid:373)ilies" la(cid:271)or suppl(cid:455) to the (cid:373)arket, at the e(cid:454)pe(cid:374)se of leisure a(cid:374)d household labor, that took place in the early 18th century. It can be reconciled with the malthusian model if the increase in income was temporary. Thus, given income, fertility was lower than in other societies: all societies control fertility to some extent, through different means. Fertility control seems to have responded more to cultural and social factors than to economic ones. Explaining fertility control: so far, the widespread use of contraceptive methods has only been documented for. The european marriage pattern: european societies restricted fertility through a set of characteristics that occurred only in europe, known as the european marriage pattern. Clark argues that it was not: at the end of the 18th century, fertility increased when real wages were stagnant.
