Previously on this site, I published a rather short book review on Lizabeth Cohen’s “Making a New Deal”. Much like I enjoyed reading the book twice, I’ve enjoyed writing about it twice. In what ways were workers united and divided before the Great Depression? How did labor gain and fail to advance under the New Deal legislation? Here’s an
The Industrial Revolution caused several European nations to expand their economies and create new job opportunities. While some European countries, such as France and Germany, eventually did catch on to aspects of the growing Industrial World, the nation of Great Britain industrialized much faster than the rest of them and stood above the rest in industrial growth. Great Britain had several reasons that helped them succeed and industrialize faster than other nations, such as the fact that their population and middle class grew substantially, their coal and iron ore deposits were large and bunched in a close proximity of each other, and that their political policies on loans made it easy for enthusiastic merchants to begin a business.
The Industrial Revolution has four major causes that are discussed about frequently in a learning environment. Capitalism, however, is the most important cause of the Industrial Revolution. Capitalism allowed the new generation of people to gain money and become involved and interested in the idea of investment. The investments allowed inventors and entrepreneurs to build the inventions that rocked the world, such as the blast furnace, railroads, vaccinations and much more. Private investments, which are a form of capitalism, became a huge factor in allowing countries, such as Great Britain, to succeed in industrialization faster than other European countries, such as the Germanic states.Although some could attempt to argue that another major cause, such as the Agriculture Revolution, would be the most important, they would fail to take notice of Great Britain’s capitalist policies and their connections to how fast countries industrialized.