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The Industrial Revolution

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The Industrial Revolution
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  • The Industrial Revolution
  • Oh my look who we have here. Greeting Mr and Mrs. Clark
  • Would you like to have stroll with me? while we discover the industrial revolution effects?
  • Oh that sounds like a fruitful stroll isn't it, ofcourse
  • Oh my here goes the non stopping talks again....we're definitely going to be late 
  • Good morning Mrs. Wood. What a wonderful coincidence I must say
  • In 1712, British inventor Thomas Newcomen used coal to power a steam engine
  • New Sources of Energy
  • in the 1760s, Scottish engineer James Watt created a steam engine that could be used in a variety of industries.
  • Steam power meant that factories no longer needed to be located near waterways. Now factories could be built anywhere. Many were constructed in coal-mining areas
  • Interesting how did that help?
  • How did we get here...oh my my party..
  • Early Industrial Cities
  • Mr. Clark remember when cities were not prepared for the flood of newcomers?
  • Ofcourse! People crowded into narrow row houses, often with five to ten people sharing a room. These houses had no running water or toilets.
  • In cities, businesses had access to shipping and railroads, workers, and customers. Even for the poor, city life offered greater opportunities compared with life in the countryside
  • Early Industrial Cities
  • Now that's harsh
  • Why could you tell us more about the country side?
  • Economic Philosophies
  • Laissez-faire economics is basically the idea that the government should leave the economy alone is known by the French phrase laissez faire.
  • This is Adam Smith, and I support capatilism,
  • Economic Philosophies
  • Greetings Mr and Mrs. Clark, Mrs. Wood. This is Robert Owen a socialist
  • Socialists wanted to develop a world in which all would benefit from wealth. The early socialists believed in a mix of public and private ownership.
  • Greeting to all of you gentlemen
  • Don't' even ask, famine and poverty were even more widespread.
  • Capitalism is an economy based on the private ownership of property. In a capitalist economy, people use property to compete for profits in a market.
  • It was a pleasure listening to your perspectives gentlemen
  • This is too much information for the day,,, forget the party I want to go home already...
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