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Economic history : Did living standards improve during the Industrial Revolution ? | The Economist

Economic history: Did living standards improve during the Industrial Revolution? | The Economist

http://www.economist.com/blogs/freeexchange/2013/09/economic-history-0?fsrc=scn/fb/wl/bl/didlivingstandardsimproveduringtheindustrialrevolution

Did living standards improve during the Industrial Revolution?
Sep 13th 2013, 13:43 by C.W. | LONDON

AS WE showed in a previous blog post, Europe went through a period of astonishing growth after about 1760. The level of income that Europe has today could not have been reached without the Industrial Revolution.

http://cdn.static-economist.com/sites/default/files/imagecache/290-width-retina/images/2013/09/blogs/free-exchange/20130921_woc404_580.png

In fact, people often refer to two revolutions (though historians bicker about terminology). The First Industrial Revolution was about the introduction of machines, often powered with water or steam. It lasted from roughly 1760 to 1850. The Second Industrial Revolution used more advanced technologies, such as the internal combustion engine and electricity. It lasted from roughly 1850 to 1910.

We know that the Industrial Revolution made Europe rich. But what was it like to live through it? Britain has the most complete historical records when it comes to this kind of thing, so this post will focus on that country.

#royaime-uni #histoire #économie #révolution_industrielle #visualisation

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