Impact of Industrial Revolution on International Trade Essay

One of the major effects of the development of the Atlantic trade that the documents did not explicitly describe is the rise in industrialization, a transition to new manufacturing processes in the period of mid-1700s to early-1800s. The constant trading between the new and old world increased production in several European states, most significantly - Britain. In Britain, cotton mills started to grow, as slaves from the new world picked up and grew cotton, through intense and difficult working conditions. As cotton production and time passed by, Britain’s economy significantly increased as Britain gained in profits, power and dominance in global trading. They became dominant through settlement in North America and smaller islands in the Caribbeans,

Much of the English goods were imported from other countries as well. Beginning in the mid seventeenth century England went through many changes including moving to a commercial and urbanizing country. The first set of changes occurred as England began producing different types of goods. Originally England was making thick types of clothes that were made for the colder weathers. In the late seventeenth century lighter fabrics began to be created. As the change shifted in clothing construction, goods of other markets began taking over the industry. “A wide range of English products replaced imports on the English market and began to compete successfully abroad.” This shift to exporting goods instead of importing greatly improved England’s economy. These goods included sugar, glass, pottery, iron, ships, and different typed of mined goods. Instead of paying to import these goods, England began exporting goods and bringing in a huge amount of money to the English economy.

During the late 1700’s and early 1800’s a major development in society took place known as the industrial revolution. The industrial revolution brought new modernization to the production of agricultures and textiles. The industrialization had an impact on Britain and its agriculture, settlement, employment and the social positions during the time. Before the industrial revolution manufacturing goods were made using either the basic hand-made tools or just simple machinery that had been developed during the time and was predominately done in the homes of citizens.

So during imperialism the British wanted to colonize india because of it’s manufacturing and raw materials that they produce. This new industrial system was highly successful; resulting a tremendous increase in the number of goods that individual worker could produce (Connolly). For example, before the Industrial Revolution, textiles were primarily made of wool and were hand spun. But, with the invention of the spinning wheel and the loom, cloth was produced quicker and eventually replaced wool in the textile field” ("thomasnet). Between 1770 and 1790 the production of cotton increase in Great Britain (textbook pg,286). By 1800, the manufacture of cotton cloth bag becomes the nation’s single most important industry. However, with materials now being produced quicker and cheaper the need for manufactured goods was greater than the supply. In order to meet the demand many manufactures hired children to work in their factories, It has been estimated that a million of children between the ages of five and seventeen worked as a child laborers in the UK during the Industrial Revolution. Although children had been servants and apprentices

This new ability drastically changed everything. Classical economical ideals came to the fore when the prices of raw materials such as cotton went down and productivity went up. According to Spielvogel, the amount of cotton imported into Britain in 1760 was two and a half million pounds but by 1787, the rate had increased approximately nine fold, and by 1840, one hundred and fifty fold. This machine enhanced the free trade ideals of laissez-faire economics, made the factory as an institution, created the idea of worker unions, led child labor laws, and the ideology of Marxism.

The Industrial Revolution was the main contributor of the development of factories and modern day machinery. The Industrial Revolution created hundreds of new jobs, influenced many new inventions, and created many new ways of creating and transporting goods. Many jobs including spinners, miners, factory workers, and farmers were beginning to rise in population, due to the new technology being created in the 18th and 19th centuries. The start of new inventions coming into view was beginning in Britain, with many agricultural tools creating new ways to plow and yield crops. Later on, it caused new forms of transportation to be developed, for example, railroads and canals. This essay will explain exactly how these causes began, and how they

“The cotton manufacture was the most important kingdom in value of product and was second compared next to wool” (Landes 42). At this point, the cotton mill played a superior role in the society when it came to processing cotton. British cotton goods were being exported all over the world and were worth twice the amount being sold. “The cotton mill was the symbol of Britain’s industrial greatness; the rise of an industrial proletariat” (Landes 42).

One of the biggest imports for Great Britain was cotton. Cotton was bought for the colonies that Britain held and was brought back to Textile factories to produce cloths and things in that short. They bought the cotton for cheep for the farmers in their colonies and produced textiles then made a huge profit off of them. By the 1900 the British were importing 180 million pounds of cotton for textiles.This means that Britain would make most of the money leave the place were they bought the cotton from in the red for the economy.

The Industrial Revolution began in the 1700s and is still continuing to grow in Britain, England. The agricultural revolution has immensely increased the population of Britain. Recent inventions such as the seed drill, power loom, and steam engine have been the result of the Industrial Revolution. As the population has increased the need for better transportation has as well. The creation of the steam engine now means that transportation by horse carriage rides that could take days are now a thing of the past. Due to the fact that more people have recently been moving to the city, the need for clothes and other goods has increased as well. This need has caused the invention of textile and cotton mills. These factories use many modern inventions such as the water frame, spinning mule, and the power

This resulted in new trade routes becoming established. These trade routes were used for many other materials including tea, which brought wealth to the country as people in the UK could buy raw materials, produce something out of it and sell it off to earn a profit. These trade routes are still used today and bring wealth to the UK. This is a massive change led by Cromford Mills. This source was found on Wikipedia: Trade Route: Cotton Route, although possibly Wikipedia could be considered an unreliable source in some cases because it is open source. However, this page is big and closely

Iron was one of the most basic and vital requirements of the rapidly industrializing British economy, and the country certainly had plenty of raw materials. However, in the 17th century the iron industry was not sufficient and most iron was imported into Britain; by the 18th century, after technical developments, the iron industry was a net exporter which helped in strengthening Britain.

Great Britain took the lead in using trade to tie the world together economically. Britain had a large empire including India, Canada, and Australia. The breakthroughs of the Industrial Revolution allowed Britain to manufacture cotton textiles, iron, and other goods more cheaply and as a result, production soon outstripped demand in domestic markets. So, European manufacturers sought markets elsewhere in the world. Cotton Textiles are a case in point. In 1820, Britain exported 50 per cent of its textile production. Europe bought 50 percent, while India bought only 6 percent. Then, as protective tariffs were erected in the United States and other European countries against British textiles, manufacturers aggressively sought other markets in non-European areas. In 1850, India was buying 25 per cent of British textiles and Europe only 16 per cent. Since India was a British colony, it could not erect tariffs to protect its own textile industry, and as a result, many Indian weavers were put out of work by cheap British textiles.

The weaving process was similarly improved by advances in technology. Edmund Cartwright’s power loom, developed in the 1780s, allowed for the mass production of the cheap and light cloth that was desirable both in Britain and around the Empire. Steam technology would produce yet more change. Constant power was now available to drive the dazzling array of industrial machinery in textiles and other industries, which were installed up and down the country.

The Slave trade also affected the British economy in an number of ways. (Hardy 2006) The cotton mills in Britain where the trademark of the “industrial revolution” which turned to cheap slave produced cotton from the New world as it was hard to purchase at the same price anywhere else. The British were also able to attain sugar through cheap slave produced goods. The British economy was able to expand due to the profits of the slave trade. Other factors that also impacted the British economy was the advancement in technology, agriculture, textile and the stability of political institutions. “It

There has been much speculation on the exact reason the Industrial Revolution began in England in the late 18th Century, but certain components are undisputed for the Revolution’s occurrence there. Initially, Britain already had a large, developed supply of coal and iron which gave the British a start in mass metallurgy (Perry 286). There also was a surplus of capital available for investments to be made in new industries; however, these funds came from wealthy landowners and merchants who had grown rich in commerce through the slave trade (Perry 287). With the start of their own ‘capitalist industrialization,’ England