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growth of banking and investment
the joint lanacashire banking company 1826 → allows for industrialsation to occur
banking allows for investment within business = higher buisness opportunities, better buisness ops and better econ overall due to it allowing for large project investments to occur
more money in banks = more money can be taken out in investments
significance → majorty impact upon the econonmy and growth of infastucutre
by 1801 there were 800 banks
new industrial middle class
growth due to change of work from cotage to factory based systems
enabled through growth of education and not need lots of land
signifcant economical importance to the industrial trade
great exhibitions 1851
key individuals such as richard arkwhite → created the water frame which is the basis for other factories
between 1816 and 1831 the class grew by 75%
took advantage of the government lassiez faire attiutude to their own advantage
e.g repeal of the statue of arifificers
the economical n/s divide
north = abundance in natural materials to support industralism such coal which lead to urbanisation. but this did have the consqeucne of bringing poverty as well
south = agarian, less natural resources to bulid industry with, however cities such as bristol profitter of the slave trade
the growth of industrial towns and cities
major population growth → 1750, 6 million, 1811, 11 million, 1850, 27milliom
mass migiration towards town and cities with factories
1851, there were 29 cities with over 50,000 people
siginfacnt as it helps to further boost industrialsism but having the workforce amongst the population to drive the captialist movement which required this
government attudies towards industrial development
lassiez faire attuide → only mainly concered with those whom could make money within the country rather than the workers whom where impacted through expliotation
adam smiths ‘free trade’ ideology as a dominantor
however, post 1830’s the government does however begin to create more control e.g within water ownership in 1835, and 1844 railway acts. by supplying some level of control the government in their own self interest were protecting people
they overall mainly had a apethic attitude towards development, they did have some postivie reactions, but the extent to which they were effective does need to be highlighted
living conditions in industrial town and cities
urbansations consquence of imploring more poverty.
bad liviing condtions due to overcrowding of houses which led to diease and poverty occuring, mainly due to tthe growth of overcrowding houses, in 1801 2/3 of bhams population lived in back to back housing
links to the governement contextual lassiez faire attuide which ment that they had no interesset supporting the poor whatsoever
working conditions
mines
dangerous st health issues such as death occuring - e.g 1812 12 people died in a mine explostion
due to open flames and chemicals naturally produced in the mines which lead to explotions → no regulation whatsoever in order to maximise profitis
davvy lamp was later introduced however
1770 - 1850 - coal tones increased by 49 million tones.
factories
average of 12-15 shillings every week
conditions were bad, with cramped spaces, limited venetlation and no health and saftey regulation at all
master and servenet employee and empolyer → 1823 master and servents act
10 mins later = 2hrs pay docked
health issues
some evidence of reform through saltaire factory which put its people first but only was 1 factory meaning it ha limited influence on changing the system which due to its captialistic nature, relied upon lowley paid and exploitated
the expirence of women in industrial britian
ideology of seperate spheres of men and women however many wc women took on work in order to support their family
took on roles all over industry which was further heightned by the napolenic wars
example of jobs = hurrier in mines
it was the controversey surronding womens employmenet due to this seperate spheres ideology which had led to a spark of reform occuring
the experience of industrial britian
by 1821, children made up 49% of the workforce e,g as trappers and chimney sweeps
prone to expliotation
work had major impact on them due to bone breaks and lt health issues → this made the government from a more moralistic standpoint want to change the system in order to protect children but also from a more deeper rooted self iterested one they wanted the preseve the future workforce, as employing children in this method was not ovrerally sustaibale
but children employment also deemed as good as they were learning a trade and supporting the family