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14 October, 14:30

Explain how the Industrial Revolution influenced other industrial growth in other European Nations?

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  1. 14 October, 16:44
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    Economic effectsUndergirding the development of modern Europe between the 1780s and 1849 was an unprecedented economic transformation that embraced the first stages of the great Industrial Revolution and a still more general expansion of commercial activity. Articulate Europeans were initially more impressed by the screaming political news generated by the French Revolution and ensuing Napoleonic Wars, but in retrospect the economic upheaval, which related in any event to political and diplomatic trends, has proved more fundamental. Major economic change was spurred by western Europe’s tremendous population growth during the late 18th century, extending well into the 19th century itself. Between 1750 and 1800, the populations of major countries increased between 50 and 100 percent, chiefly as a result of the use of new food crops (such as the potato) and a temporary decline in epidemic disease. Population growth of this magnitude compelled change. Peasant and artisanal children found their paths to inheritance blocked by sheer numbers and thus had to seek new forms of paying labour. Families of businessmen and landlords also had to innovate to take care of unexpectedly large surviving broods. These pressures occurred in a society already attuned to market transactions, possessed of an active merchant class, and blessed with considerable capital and access to overseas markets as a result of existing dominance in world trade.
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