How is this economic system clearly a product of the Enlightenment and Age of Revolutions? - PowerPoint PPT Presentation

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How is this economic system clearly a product of the Enlightenment and Age of Revolutions?

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How is this economic system clearly a product of the Enlightenment and Age of Revolutions? Adam Smith Wealth of Nations Father of Capitalism Work for your own self ... – PowerPoint PPT presentation

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Title: How is this economic system clearly a product of the Enlightenment and Age of Revolutions?


1
  • How is this economic system clearly a product of
    the Enlightenment and Age of Revolutions?
  • Adam Smith
  • Wealth of Nations
  • Father of Capitalism
  • Work for your own self-interest everyone
    prospers
  • Invisible hand

2
Industrial Revolution
  • Starts in England (1780s)
  • Scientific Revolution Capitalism British
    Empire

3
Changes in Production1764 spinning jenny1787
water-powered loom
4
Changes in Production1782 steam-powered
machinery1780s Puddling More iron
5
Chimney
Hearth
Furnace
6
Railroads 1804- cheaper products- more jobs
for the poor- more factories
7
Iron Mill in Avesta, Sweden
Spread of the Revolution
  • Europe by 1850
  • USA by 1860
  • Steamboat in 1807

8
2nd Industrial Revolution
  • Industrial Changes in
  • Power electricity light bulbs
  • Communication telephone radio waves
  • Transportation car
  • Factories assembly line

9
2nd Industrial Revolution
  • Social Changes in
  • Womens role Feminism
  • Population growth Urbanization
  • Leisure defined and passive
  • Social classes New Money
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