32-Industrial Revolution
32-Industrial Revolution
32-Industrial Revolution
13. So, why didnt it happen? Well, Europeansspecifically the Britishhad two huge advantages: First,
they had _________________ that was near the surface, which meant that it was cheap to mine.
Because there was all this incentive to get more coal out of the ground, _________________
_________________were invented to pump water out of the mines.
14. Secondly, there were _________________. Britain (and to a lesser extent the Low Countries) had
the highest wages in the world at the beginning of the 18th century.
15. But heres one last thing to consider: _________________ was the worlds largest producer of
cotton textiles, despite paying basically the lowest wages in the world. Indian agriculture was so
productive that laborers could be supported at a very low cost. And that, coupled with a large
population meant that Indian textile manufacturing could be very productive without using machines,
so they didnt need to industrialize.
16. But more importantly from our perspective, theres a strong argument to be made that Indian cotton
production helped spur British industrialization. It was cotton textiles that drove the early
Industrial Revolution. Indian cottons created the _________________ and then British
manufacturers invested in machines to increase production so that they could compete with India.