Table of contents |
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Industrial Revolution |
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Causes of the Industrial Revolution |
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Impact of the Industrial Revolution |
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Capitalism |
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Socialism |
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Step into the whirlwind of the Industrial Revolution, a game-changing era that transformed Europe and the world from the late 18th century. This period swapped handcrafted goods for machine-made marvels, reshaping economies, societies, and ideas. From the clatter of James Watt’s steam engine to the rise of bustling factory towns, it sparked both prosperity and challenges. These notes dive into the causes, impacts, and the birth of capitalism and socialism, revealing how this revolution fueled debates about wealth, labor, and fairness that still echo today.
Growth of Towns:
Mass Production:
Disappearance of Small Farmers:
Exploitation:
Overcrowding:
Longer Hours of Work:
Example: Capitalism during the Industrial Revolution allowed factory owners to profit by paying workers low wages for long hours, like children in textile mills working 14 hours daily for pennies, highlighting the wealth gap and exploitation that fueled socialist reactions.
Based on:
Trade Union Movement:
The Chartist Movement:
Karl Marx, with Frederick Engels, wrote Communist Manifesto (1848) and Das Capital.
Marx saw capitalist society divided into:
Socialism in the World
14 videos|59 docs|16 tests
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1. What were the primary causes of the Industrial Revolution? | ![]() |
2. How did the Industrial Revolution impact society and the economy? | ![]() |
3. What role did capitalism play during the Industrial Revolution? | ![]() |
4. How did socialism emerge as a response to the Industrial Revolution? | ![]() |
5. What were some of the major social changes brought about by the Industrial Revolution? | ![]() |