Industrial Revolution: England vs. France - A Comparative Analysis
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England's Industrial Revolution
The Rise of Capitalism
England's industrial and manufacturing revolution facilitated the consolidation of capitalism, creating two primary classes: the bourgeoisie (owners of capital) and the proletariat (workers who sold their labor for wages). Capitalism's origins trace back to the late Middle Ages (14th and 15th centuries) with increased trade and private property. However, its consolidation occurred in the 19th century as European powers sought new markets, eliminating local regulations and protective legislation. This included granting credits and trade advantages, often through diplomacy or war.
The Impact of Railways
The railway boom ignited the English economy. Unlike the textile industry, which required... Continue reading "Industrial Revolution: England vs. France - A Comparative Analysis" »