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Causes of the British Industrial Revolution

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  • BLINOV, Sergey

Abstract

The Industrial Revolution happened in Britain because by the 19-th century the eternal problem faced by humankind, i.e. the problem of hunger, had been resolved on a local scale. Thanks to a unique combination of factors, Britain just overtook the other West European countries (for a short period of time in historical terms) in the understanding that the value of food “depreciates”.

Suggested Citation

  • BLINOV, Sergey, 2014. "Causes of the British Industrial Revolution," MPRA Paper 53642, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:53642
    as

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    File URL: https://mpra.ub.uni-muenchen.de/53642/1/MPRA_paper_53642.pdf
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    References listed on IDEAS

    as
    1. Oded Galor & Omer Moav, 2002. "Natural Selection and the Origin of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(4), pages 1133-1191.
    2. BLINOV, Sergey, 2013. "Time Is Money. Theory of Value Depreciation," MPRA Paper 51902, University Library of Munich, Germany.
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    Cited by:

    1. David Mhlanga, 2021. "Artificial Intelligence in the Industry 4.0, and Its Impact on Poverty, Innovation, Infrastructure Development, and the Sustainable Development Goals: Lessons from Emerging Economies?," Sustainability, MDPI, vol. 13(11), pages 1-16, May.
    2. Hannah Dunga, 2019. "The impact of technological revolution on poverty: a case of South Africa," Proceedings of International Academic Conferences 9010709, International Institute of Social and Economic Sciences.
    3. BLINOV, Sergey, 2014. "Okun’s Law, Employment Paradox and Impact of Unemployment on the Economy of the USSR and Russia," MPRA Paper 55220, University Library of Munich, Germany.

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    More about this item

    Keywords

    British Industrial Revolution; malthusian trap; international trade;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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