“Factory and Market Revolution: Credit Where It’s Due”
The film “Factory and Market Revolution: Credit Where It’s Due” points out many advances through out time that led the world to the Industrial Revolution, which has completely revolutionized the way things are done in the world today. The advances that have been improved on all throughout history have set the building blocks for our factories today. Farming was one of the biggest contributors to the start of the Industrial Revolution. One of the biggest effects on farming today was the idea that was brought up called “cop rotation.” Livestock was hard to keep alive during the time of the beginning of the Industrial Revolution. Crop rotation helped keep these animals alive. The rotation went in this order: wheat, corn, turnips, clovers, and then the cycle started over again. The turnips grew in the winter which gave the livestock a food source. The clovers also grew in the winter providing th
As industrialization increased, people increase causing the money to increase. The increase in money led to a cash flow problem in England. There was too much money in the country but there was no where to spend it. The Dutch had an excellent banking system that kept track of credit. The Dutch also used paper money. The English conned the Dutch leader into becoming their leader so that he would bring along with him the Dutch banking system. With this Dutch banking system, England had a place to make investments, stocks were now being bought, interest rates had gone lower, mortgage was available to the people, loans where now kept track of, and many other things. Also there was a law saying no tax on profits which made the rich only richer. This led them to invest their money into industry related investments, again boosting the industry in England. With all the industry booms and the increase in prod
Some topics in this essay:
Revolution Crop,
England Technocrats,
Industrial Revolution,
Churchmen Dissenters,
It’s Due”,
industrial revolution,
,
banking system,
dutch banking system,
kept track,
roads canals,
grew winter,
paved roads,
dutch banking,
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Approximate Word count = 612
Approximate Pages = 2 (250 words per page double spaced)
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