HIST 102 Chapter Notes - Chapter 7: Rerum Novarum, Reform Act 1832, Friedrich Engels
Document Summary
Late 18th to early 19th centuries europe underwent a social and economic revolution that was the result of technological progress. Not a move toward economic independence machine. 1760 - first stage of industrial revolution made possible by: Age of discovery (16th and 17th centuries) 17th and 18th centuries - french and english political revolutions. Ascendency of the middle class (pg. Growing population of europe could no longer be supported by rural based economy. England successful in the mid-eighteenth century because it had colonial foundation provided markets for its goods. Development of the flying shuttle, spinning jenny, and power loom english technical superiority and advancement. Large quantities of coal and iron in close proximity stimulated production and led to development of the railroad in mid 1800s. Factories established to provide greatest efficiency of material and labor, at the least expensive cost (pg. Increased production greater export greater profit for individual and government.
