between ‘Exploration” and “The Industrial Revolution” as era of “Early Modern History”. In between ‘Exploration” and “The Industrial Revolution” were markers known as “Reformation” and “Enlightenment”. This was a time where nations became established and grew increasingly curious of the world around them. Several technological and intellectual advances occurred during this era. Early modern history began with the “Exploration” period and ended with the “Industrial Revolution”. To begin with, exploration
The United Nations Industrial Development Organization(UNIDO) defines ‘Corporate Social Responsibility’(CSR) as “a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders”. The term is explained through a “Triple-Bottom-Line Approach” as being the way through which a company achieves a balance of economic, environmental and social imperatives (“Triple-Bottom-Line”) while at the same time addressing the
Industrial development and population growth have created a surge in global demand for energy. The tension in the Middle East and the sharp rise in oil prices since the 1990’s had Western countries like the US scrambling to secure alternative energy sources. While solar and wind energy is flourishing, energy industries have pursued more aggressive means of tapping the earth’s resources. Continued mining, drilling, and especially hydraulic fracturing have been a “game changer” for the US. Although
According to the Oxford English Dictionary the term ‘Industrial Revolution’ is defined as “the rapid development of industry that occurred in the late 18th and 19th centuries, brought about by the introduction of machinery…characterised by the use of steam power, growth of factories, and the mass production of manufactured goods.” . However, although this may be a commonly shared view of this period, the concept of the Industrial Revolution is widely debated amongst various historians. Whilst many
22. The technological developments during the industrial revolution that enabled people to build factories were trains. 23. The two major inventions that allowed farmers to increase their yield were the Cotton Gin and the Water Frame 24. The mass production of earlier inventions impacted families by granting them the ability to move from one place to another faster. 25. The introduction of automation decreases the value of slaves in the south after the American Revolution. 26. The original cotton
In order to increase productivity of the fast changing economy, the Industrial Revolution presented new organizational strategies. Small parts of a much larger manufacturing development, known as outwork system were carried out in many individual homes. The outwork system was essential, especially for making footwear. The major step-forward was under the factory system. This system allowed work to be performed on a large scale in a single centralized location. A group of businessmen, Boston Associates
The Industrial Revolution caused a major development in social history with major changes in manufacturing, transportation, and agriculture that had an intense effect on socioeconomic and cultural conditions in Europe that then spread to North America and eventually around the world, influencing almost every aspect of everyday life and society. Looking through sources from the time period, it is easy to see how lives were changed due to the advancements in technology that improved manufacturing,
The history of fabric and textiles Textile development during the Industrial Revolution (1780-1850) In 1968, Eric Hobsbawm said: “Whoever says Industrial Revolution says cotton.” Among many historians the Industrial Revolution is considered as the process in which technological changes led by the mechanized factories of the cotton industry created large profits for innovators that continued in succeeding decades. It was the key event in the emergence of modern economic growth, which led to shifting
WHAT EXTENT THE DEVELOPING COUNTRIES DEPEND ON THE INDUSTRIAL COUNTRIES FOR ECONOMIC GROWTH AND DEVELOPMENT. A developing country, also called a less-developed country (LDC), is a nation with a low living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries. Meanwhile, an industrial country also known as developed country or "more developed country" (MDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure
Industrial Development Since Independence. 1. The British regarded India as source of supply of raw materials and market for British manufacturers and hence, at the time of Independence, India was industrially an underdeveloped economy. 2. The poor industrial sector was domintaed by consumer goods industries like cotton textile, jute, sugar, salt, paper, soap, etc. 3. Industries producing intermediate goods like steel, coal, cement, alcohol, power, non-ferrous metals were poorly established in