Chapter Three Flashcards

1
Q

What was there a rise of in the decades of 1780s and 90s?

A

Rise in both imports and exports, indicating a rise in economic activity.

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2
Q

What were the reasons for economic growth?

A

Development in trade, availability of capital, raw materials, agricultural improvements, political stability, scientific and technological invention, free movment of people and goods, growth in population.

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3
Q

What brought a growth in trade?

A

Shipbuilding, exploration, discovery of new overseas markets and colonization. Stimulated development of banking and finance. English Trading Company East India Company enjoyed a trade monopoly in India.

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4
Q

What was a result of the thriving trade industry?

A

Capital was available at low rates of interest to set up new enterprises.

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5
Q

What was a result of the population growth?

A

Large labour force available, increased demand for food, clothing, housing and other commodities.

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6
Q

Where was the growth of the Cotton Industry most profond?

A

Lancashire and Lanarkshire

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7
Q

What was the domestic system of production?

A

Small scale operation, carried out in homes using spinning wheel and hand loom. Process was slow, lacked quality control, production was limited.

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8
Q

What was developed in 1769?

A

Arkwright’s Water Frame, heralded start of factory system of production.

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9
Q

What was developed in 1779?

A

Samuel Crompton’s Mule, cross between the water frame and Hargreaves’ ‘Spinning Jenny’. Produced high quality yarn. Widespread by 1820s, most important spinning invention.

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10
Q

What was developed in 1789?

A

Edmund Cartwright’s power loom, operated by steam power.

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11
Q

How were cotton, iron, coal, and canals linked?

A

Cotton mills required iron to run the machines, and iron foundries needed coal to run them. Canals distributed raw materials to factories, and the finished goods to the population.

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12
Q

What did the canal industry enable?

A

Heavy and bulky goods to be transported cheaply and easily, new areas opened up, entrepreneurial businessmen could transport their own goods.

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13
Q

What were the drawbacks of canals?

A

They were difficult and expensive to construct, only followed a limited route, froze in the winter and were slow to operate. The railways replaced them.

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14
Q

What were the main sources of power before the late eighteenth century?

A

Man, horse, wind and water. Water meant the manufacturer had to build their factory close to the source of power.

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15
Q

Which new power source was found?

A

Steam. Allowed a massive increase in the volume of goods produced in almost every area of manufacturer

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16
Q

Who were involved in the steam engine?

A

James Watt, who invented rotary motion in 1781 and Matthew Boulton, who financed the enterprise. By 1800 they had hundreds of engines in operation in Britain and less than a third were on the cotton industry.

17
Q

What was the traditional industry of employment?

A

Agriculture. By 1800, for the first time however, more people were employed in Industry than farming.

18
Q

What was enclosure?

A

System of dividing agricultural land into compact fields closed in by fences, hedges or walls.

19
Q

What were the impacts of enclosure?

A

Resulted in higher crop yields, healthier livestok, crop rotation could be developed, ensuring all land was under cultivation every year, producing a good selection of crops. Increased overall production and profits. Greater variety of fresh food.

20
Q

What improvements occured in agriculture?

A

Spreading manure improved soil quality, experiments in scientific stock-breeding improved quality of farm animals and produced bigger quantities of meat.

21
Q

What mechanical improvements occured in farming?

A

Improvements came slowly. Seed drill, horse drawn hoe, lighter-weight plough.

22
Q

What were the drawbacks of enclosure?

A

Emphasised inequality in country, as more land was in the hands of fewer people. Smallholding class disappeared to towns, leaving landowner and tenant farmers who employed landless labourers for a pitiful wage, many were forced to fall back on poor relief.