Industrial Revolution- AP Euro

How did cotton transform the textile industry

Cotton could be spun mechanically with much greater efficiency than wool or flax

What was the result of the consumer revolution of the 18th century

New type of society in which people drive their self identity as much from their consuming practices as from their work life

Growth in 18th-century consumers and clothing was wncouraged by what two factors

The growth of fashion merchants who dictated changing styles and the declining production costs of labor

At the center of the Adam Smith's argument in the wealth of Nations was the

The pursuit of self interest in competitive markets would improve the living conditions of citizens

Edward jenner recieced financial prized from the british government for

Discovering cowpow could vaccinate smallpox

How did yhe origins of industrialists change as the revolution progressed?

It became harder for new firms and instead industrialists were increasingly likely to have inherited their wealth

How did railroads affect production

Markets become broader, encoiraging manufacturers to create larger factories with more sophisticated machines

The industrious revolution was a result of

Poor families for choosing to reduce leisure time in the production of goods for household consumption in order to earn wages to buy consumer goods

David ricardos iron law of wages states that

The pressure of population growth will always sink wages