Industrial Revolution 15

In 1750-1900, Britain had an industrial revolution. An industrial revolution is the name given to a rapid development of industries. The Industrial Revolution was due to a series of events that led to mass-produced goods. As Britain switched from a domestic way of life goods were cheaper to buy therefore more people had material goods in their homes. The Industrial Revolution was basically the move from an agricultural way of living to machinery. Technology had massively advanced.

In my opinion, the most important factor that led to the Industrial Revolution was that Britain had many colonies overseas; this meant that raw materials were easily provided. It made it easier for the mass production of goods as there was never a shortage of materials. The demand for goods was partly due to a growth in population. The increase in population was also a major factor ion the Industrial Revolution. The population of England has risen at a great rate since 1825; however Scotland and Wales rose at a slower rate. In 1750, the population of England was 7million. By 1900, there was about 37million inhabitants in the UK. The population increase contributed to the high demand in goods, which led to Britain requiring more raw materials, therefore contributing to the Industrial Revolution.

Evidence shows that technology had massively improved due to the growth of young entrepreneurs such a Richard Arkwright. Richard Arkwright and many others decided to take huge risks and invest in upcoming projects. They were not certain that the project would be successful and many probably weren’t. These entrepreneurs borrowed money from the banks and often went into great debt. If they were lucky, their project would be successful and they would be able to pay the banks back. On the other hand, Arkwright was a successful   entrepreneur. He perfected his own spinning machine. Unlike the usual spinning machine, it used horse power and was too heavy for human hands to work. As...