Economics 1021A/B Study Guide - Quiz Guide: Demographic Transition, Selective Breeding, Dependency Theory

• School: Western University
• Department: Economics
• Course: Economics 1021A/B
• Professor: bruce hammond

Document Summary

Supplying the industrial revolution (supply side: industrial revolution. Landres: rapid significant technological change (machines, general purpose technologies . Mathias: structural change (fundamental redeployment of resources away from agriculture; shift to large scale production; regional specialisation) Allen: research and development (integration of markets inventions in transport and communications; use of non organic materials: glorious revolution. Institutional change that led to ir (environment to making england first industrial nation- Balance of power between parliament and co-monarchy (william and mary) made government more credible- property rights, protection of wealth and elimination of confiscatory government. Gov importance: ability to borrow, provide services, employment, legislation: proto industrialisation increasing involvement of agrarian families in market-oriented craft production, mainly through the putting-out system organized by merchant capitalist; created conditions for establishment of fully industrial societies. 16c-19c: industry expanded to countryside, exports, family labour, regional concentrated, decentralised (home rather than factories), hand techniques (engines)