Key Concepts of the Industrial Revolution
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Technological and Economic Foundations
Steam Engine: It is an engine powered by steam, typically one in which a sliding piston in a cylinder is moved by the expansive action of the steam generated in a boiler. It was significantly developed by James Watt between 1745 and 1755.
Demographic Transition: This refers to the transition from high birth and death rates to lower birth and death rates as a country develops from a pre-industrial to an industrialized economic system, typically beginning with a decline in the death rate.
Capitalism: An economic system in which the means of production are predominantly privately owned. It is an ideology rooted in economic liberalism.
Labor Movements and Social Reform
International Workers' Rights: The first international... Continue reading "Key Concepts of the Industrial Revolution" »