preview

The Industrial Revolution: Broadening Of The Middle Class

Satisfactory Essays

The middle class wanted respect, status and entry into parliament. In historical terms, they were the new warriors and knights that fought in a commercial battlefield and there was no room for sentiment. From this grew the industrial revolution and the broadening of the middle class. Money and new financial institutions were undermining the social and political order. Money was a more efficient way of measuring value in a transaction. In the case of the feudal system where transactions were measured by obligations and service which had to be accepted by the lord with whom the vassal is obligated to. The introduction of money as a medium in a transaction guaranteed the holder a value that was transformed in the purchase of other items that were

Get Access