Why was the Industrial Revolution British? by Robert C. Allen

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Titel: The British Industrial Revolution in Global Perspective – Forfatter: Robert C. Allen – Forlag: Cambridge University Press

★★★☆☆

Monograph written by Robert C. Allen, professor of Economic History, Oxford University.

This study focuses on the technology and the uprising industry in Britain and the inventions of new technology – for example: the spinning jenny and the steam engine. It describes how the British prices and wage structure affected the new demand for the technology because the factory owners wanted to lower the costs of production as actually the British wages were high compared with wages in others parts of Europe and in Asia, while the prices of capital and energy were comparatively low.

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