Title: The Impact of the Industrial Revolution on British Society and Economy Essay - 2062 Words
Headings: The Impact of the Industrial Revolution on British Society and Economy
The Impact of the Industrial Revolution on British Society and Economy
Content: 5). As a result of the Industrial Revolution, in 1840 the UK’s national wealth nearly doubled compare to data in 1790, however the most of the benefit were gained by upper class. This remarkable growth and benefit was one of the social change that happened in the course of the Industrial Revolution. The laissez-faire economics which advocated by Adam Smith, became widely accepted and contribute to the flourish of capitalism. By that time, Government seldom regulated or published policies to limit the business (Porter, 1999). On the contrary, it allowed the middle-class to engaged into whichever process was lead to the most benefit, despite the safety and health of their employee (Stearns, 1998). Although the revolution provided profitable to Britain, unfortunately, the large amount of population did not share the benefit. During the early parts of the Industrial Revolution, it had significantly negative impact on society. Hobsbawm (1968) argued that no matter what advancements occurred reached the public slowly and often could not compensate for the added burdens of industrial employment or the growing wealth gap in...
References: Deane, P. (1983).