Industrialization in England

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The world has changed in many ways throughout history. Industrialization has changed England in many ways. The Industrial Revolution was too hard on the men, women, and children in England.

The changes that occurred in the economy and society in Britain during the late 18th and 19th century is known as the Industrial Revolution (McCloskey Int.). The Industrial Revolution was a drawn-out process that transformed Britain’s economy from the production of goods by hand to the production of goods by machine (Thackerary 1). During this time the number of people employed in industrial manufacturing, making many different goods, and especially making textiles, iron goods, metal waves, and pottery increased dramatically (McCloskey Int.). At the end of the 17th Century, Britain owed more to revenue demands than protectionism. After the Bubble Act of 1720, company flotation was prohibited and publically raised the capital in manufacturing (Mathias 33,34). The increase of social cost of transition to the increasingly industrial urbanized economy was due to the lack of public control over growing towns and the lags of development of essential public services, from small denomination currency to an effective police force and local government. The state did nothing to help organize innovation, mobilization capital, or conducting enterprise (Mathias 34). The banking legislation had control over the size of individual banks in England and Wales (Mathias 34). For the first time in history the population growth and economic growth occurred together over a long period of time without suffering (McCloskey Int.).

During the Industrial Revolution working people went to live and work in towns and cities. These workers would get jobs involving trading...

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