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A New Approach
Max Webers The Protestant Ethic and the Spirit of Capitalism. Sometimes called the Puritan work ethic
a value emphasizing the necessity of constant labor in a person's calling as a sign of personal salvation Protestants beginning with Martin Luther had reconceived work as a duty for the benefit of the individual and society.
Growing population
Population of England & Wales grew exponentially from 1750, nearly trebling in a century to reach 21 million by 1851. Reasons:
More food Resistance to disease Married younger Higher birthrate
Enclosure Movement
Agricultural improvements Better food Population increase More workers available Larger farms Less need for workers Peasants move to the cities Machines and sheep
Protestant Work Ethic: Work hard, it makes God happyand you dont starve to death!
Enclosure Movement
The open field system was essentially feudal - each farmer subsistence-cropped strips of land in one of three or four large fields held in common and split up the products likewise. Enclosures meant some of the common fields were enclosed into individually owned fields This led to farmers losing their land and their grazing rights and left many unemployed
Threshing machine
The regular planting of legumes in the fields which were previously fallow slowly increased the fertility of croplands
Colonialism expands
Causing
Causing
Causing
Better transport
Better roads & canals Britain had largest merchant navy in world
Hearts of oak are our ships, Jolly tars are our men, We always are ready, Steady boys, steady The sight of the barges each honest heart glads, And the merriest of mortals are Birmingham lads!
Need to be efficient
New machines
iron
Scientific Revolution
Henry Bessemer took out a patent on the process in 1855. removed impurities from iron by oxidation air was blown through the molten iron. Reduced time & cost of steel making
Factors of Production
Land - from Enclosure Movement Labor - from farmers leaving farms and from new machines Capital - from profits from colonial expansion.
One additional item that helps is a stable government, no one wants to build a factory in a war zone!
Who has the most stable government?
Youre absolutely spot on.! Its us!
Ms. Nocca
Prices fall
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