Hist 104, Lecture 08:
The Global Fabric of Industrialization
(PDF)(DOC)

James Watt, Adam Smith

1. Cotton Textiles: From India to England

a. English cotton consumption
b. India’s comparative advantage
c. English tariffs and coloniesn

2. The New World in the Global Market

a. Slave production and consumption
b. The triangular trade and Manchester cotton
c. England’s shift to “free trade”

3. Old and New Sources of Energy and Power

a. Limits of growth in China
b. Exceeding old limits of growth in England
c. Coal, iron, and steam

4. Recapping the Factors for the Industrial Revolution

a. Labor-saving devices help, but…
b. Land-saving mechanisms are the key
c. So what about science and technology?