With this new development, entrepreneurs began to open new workshops and forced their employees to work long strenuous hours to produce their goods. A number of other factors contributed to Britain’s success in the Industrial Revolution. For one, it had great deposits of coal and iron ore, which was essential for industrialization. Additionally, Britain was a political stable society and a great marketplace for manufactured goods. As demand rose for British goods, merchants needed more cost effective methods of production, which led to the rise of mechanics and factory systems.
From this, the percentage of children who lived through childhood also began to increase, therefore the future workforce would be even large than previously. The increase in population meant that there were more people from agricultural jobs and they had to find work in industrial factories, which was the basis of the Industrial Revolution. Immigration had a great effect on the growth of Industry. One of the major causes for the Industrial Revolution was the technologies that increased productivity such as the steam power which was one of the great motives for the beginning of the Industrial Revolution. Steam was used to power, many of the machines used in factories, and therefore with the invention of steam power, the Industrial Revolution was made possible.
All of these issues helped to shape the American nation and its people. After the Civil War, the development of improved industrial methods and the arrival of masses of immigrants eager for factory jobs launched a new era of mass production in the United States. The nation turned its efforts toward economic recovery and expansion. America's abundant supply of natural resources, such as coal and oil, encouraged investment. Much of this investment came from already industrialized countries like Germany, Great Britain, and France whose business owners looked for new investment opportunities in the United States.
Since the Civil War ended in the late 1800’s, many inventions and innovations started to skyrocket in production, which led to what is now called the Industrial Revolution. This revolution really made an impact on how the people of America lived. Faster transportation, like the railroads and locomotives, made it easier for settlers to move out west where a lot of the industry work started. Inventions also made a huge impact on how people lived and made their daily lives easier. Some of these inventions were electricity, the sewing machine, the telephone, and the Model T Ford.
The development of an industrial society began with the vast amounts of natural resources that were discovered across America. Natural resources such as coals, metals, water and petroleum were the basis of running the industrial society. The economic markets expanded to fulfill the growing public needs and were praised internationally. The American government even supported the growing economic changes at all levels along with investors from Europe who provided a source of revenue to continue the industrial expansion. Even a number of inventions were created as the years went on, coping with society.
There are various reasons for Great Britain to start the Industrial Revolution in the 1750s. Factors that benefited Great Britain to industrialized were the country’s geography, natural resources, agricultural change, and last but not least political and economic conditions. It happened in Great Britain first and soon started to spread to France, Germany, United States, and Japan by the end of the 1800s. Later, industrialization spread throughout the world, which became a huge advantage for the nation’s economy and government. As an island nation, Great Britain had many natural resources and harbors.
People would invest in corporations to benefit from the profit that the corporation was making. They would pay for the corporation to build its product and take profit according to how many stocks they bought. When Thomas Newcomen came up with the idea of a steam engine, investors did their job an invested in it. When the steam engine was finally perfected, everywhere in the world people were using steam engines. So "during the 19th century, the society and economy were completely altered due to the many new inventions created"(Essay written by Haisam Daouk, Hayat Showail, Kristelle Manassian, and Shahnaz Maktabi).
Companies fought the government and the courts for the right to become incorporated and to reap its many benefits. Capitalism has adapted in order to continue making profits. Capitalism was the primary reason for the shift from Fordism to Post-Fordism, as Post-Fordism was a more efficient model of production meaning greater profits. Capitalism requires ever expanding markets and constantly evolving methods of production, lest it cease to exist (Marx & Engels, 1848). In order to achieve this a production revolution of sorts took place in many advanced economies, countries shifted from Fordism to Post-Fordism.
It began in Britain because at the time, it was one of the most powerful empires in the world. During the industrial revolution, many new inventions were invented to make the way of living easier and more efficient. The biggest technological advancement was the steam-powered engine invented in 1760 by James Watt. The machine ran on new fuels like petroleum and coal and was an important power source. The steam engine helped the textile and manufacturing industries produce more products.
Taylor and Ford’s system of mass production may be dead in the West, but it is alive and well in the developing world. Do you agree? W. Taylor and Henry Ford both played large roles in the transformation of the American economic structure at the turn of the 20th century. F.W. Taylor was a mechanical engineer that developed the ‘Principles of Scientific Management’ whose stated aim was to make it “possible to give the workman what he most wants - high wages - and the employer what he wants - a low labour cost.”1 Henry Ford was putting similar ideas into practice by developing a manufacturing system that can be described as “a model of economic expansion and technological progress based on mass production: the manufacture of standardised products in huge volumes using special purpose machinery and unskilled labour"2 These manufacturing systems made products more affordable for the general population and therefore created much larger markets for the goods.