(855) 4-ESSAYS

Type a new keyword(s) and press Enter to search

Industrial revolution


(Adas).
             Another reason why the revolution began in England was because it had an abundance of natural resources. England had enormous deposits of iron and coal that were used to manufacture steel. This type of manufacturing took place through a method called the Bessemer process, which is the process of producing steel from pig iron by burning out carbon and other impurities by means of a blast of air.(Jacob).
             Along with all of the natural resources that England possessed they also had a myriad number of skilled labor workers and people who were willing to work. They also had rich people who were willing to invest in capital and a laissez-faire government who allowed and cooperated with this new industrializing economy and society. Adam Smith was an economist who wrote the book "A Wealth of Nations" which laid the framework of a free-market economy which included and disputed issues of economic freedom. It covered such concepts as the role of free enterprise, the division of labor, the function of markets, and the international implications of a laissez-faire economy. Smith states that the property which every man has in his own labor, as it is the original foundation of all other property, is the most sacred and inviolable. One of his more famous quotes concerning the issue of laissez-faire in his book "Wealth of Nations" was.
             "It is the highest impertinence and presumption, therefore, in kings and ministers, to pretend to watch over the economy of private people, and to restrain their expense, either by sumptuary laws, or by prohibiting the importation of foreign luxuries. They are themselves always, and without any exception, the greatest spendthrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs. If their own extravagance does not ruin the state, that of their subjects never will." (Campbell and Skinner).
             Agriculture also played a significant role in the growth of the revolution.


Essays Related to Industrial revolution


Got a writing question? Ask our professional writer!
Submit My Question