Industrial Revolution: How Did the Industrial Revolution Give Rise to New Philosophies?
By: David • Essay • 265 Words • November 15, 2009 • 1,536 Views
Essay title: Industrial Revolution: How Did the Industrial Revolution Give Rise to New Philosophies?
4. How did the Industrial Revolution give rise to new philosophies?
The Industrial Revolution began in Great Britain because social, political, and agricultural conditions there were particularly favorable at that time. More importantly a stable govt. in Britain meant that monarchs and aristocrats were less likely by chance to seize income or impose taxes on people. As a result, earnings were safer, and ambitious businessmen could gain wealth, social status, and power more easily than in other parts of Europe. As a result this, many thinkers tried to understand this staggering changed that took place.
In addition, Britain's government pursued a relatively "hands-off" economic policy. This free-market approach was made popular through British philosopher and economist Adam Smith and his book The Wealth of Nations (1776). The "hands-off" or laissez-faire policy permitted new methods and ideas to flourish, which meant that the government could not interfere in relations between workers and business owners. In his book, Smith argued that private competition