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[Part 3 Industrial Revolution] The Age of Machines and Capitalism


The desire to produce more and at low cost to make higher profits led to the Industrial Revolution, and further growth of capitalism. The Industrial Revolution began in England in about 1750. It was from then that machines began to replace the work of men and animals. Thus, industrial revolution was also referred to as the Machine age.

The first stage of the industrial revolution lasted from the middle of the 18th century to the mid-19th century, and included mechanization of only one consumer industry- cotton industry- and that of certain core and heavy industries like mining and metallurgy, and the development of steam engine.

The second stage of the industrial revolution commenced from second half of the 19th century. It is characterized by the more direct application of science to industry and by the development of the mass production techniques. Read More…