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THE INDUSTRIAL REVOLUTION

             BY
       SUNIT MATHEW
Revolution
Introduction
A revolution is a fundamental change in power or
organizational structures that takes place in a relatively
short period of time. Revolutions have occurred
through human history and vary widely in terms of methods,
duration, and motivating ideology. Their results include
major changes in culture, economy, and socio political
institutions.
 Revolutions can be of many types. Some of the revolutions
                      are stated below:-
Green Revolution
Scientific Revolution
Industrial Revolution
Chemical Revolution
A Revolution in Great Britain
  During the 1700s changes in technology began based on the use of
 power-driven machinery. This era is called the Industrial Revolution.

    Factors for Success                   Agricultural Factors
• Exploration and colonialism         • Research and development on
                                        farms
• Seapower
                                      • Jethro Tull, seed drill
• Political stability
                                      • Improved livestock breeding
• Government support
                                      • Better varieties of food crops
• Growth of private investment
                                         – Increased food supply
                                         – Population grew
                                      • Enclosure movement
Britain’s Big Advantage

The Industrial Revolution began in Great Britain.
 • Had essential elements for economic success
            • Factors of production
                        Land
                       Labor
                      Capital
A Revolution in Textiles
                              Textile Industry
•   Beginning of Industrial Revolution
•   Weaving was a cottage industry
•   Labour performed at home
•   Industrialization transformed this

New Way of Making Cloth                  Cloth-making in Factories
• Fabric made of wool or cotton          • Cottages too small
• Supply of fibers increased in the
                                         • Factory invented
  1700s
• Slave labor in America                 • Power for factories?
• Invention of cotton gin
                                         • Water frame for water power
• Invention of spinning jenny
• Invention of flying shuttle            • Output increased 8x by 1770
Steam Powers the Revolution

  Development of Steam                 Coal for Steam Engines
         Engine                      • Steam engines needed large
                                       amounts of fuel
• First successful steam engine in
  1712                               • Wood scarce
• Innovations by James Watt          • Coal mining industry
• Steam power versus water power     • Changing landscapes
• Steam locomotives                  • Dangers of mining
• Steamships
• Robert Fulton
JAMES WATT
Industrialization Spreads
Industrialization soon spread to western Europe and the United States. Other
regions did not industrialize in the 1800s. What was it about Western
countries that encouraged them to embrace industry?

  Why Western                    America                    Europe
   Countries?
                           • British restrictions    • Belgium, 1807
• Political liberty
                           • Hamilton, 1791          • France, 1815
• Freedom to compete
                           • Samuel Slater           • Germany, 1850
• Rewards reaped
                              – Water frame             – Railroads
• Exploitation and
  improvements                – Slater’s Mill           – Treaties
                           • Lowell’s Mill
Industry in Asia
Eventually, industry spread to Asia.
• Japan first in 1868
• Meiji government
• The 1900s—industrialization for
   – China
   – India
   – Russia
Industrial Revolution
Thus new innovations grew in the Industrial
Revolution. After that new innovations grew in
the 18 th and 19 th
centuries such as
Roads
Railways
Mining
Coal industries               Child Labour
Due to this revolution in Britain it expanded in
U.S.A., France, Germany, Japan etc. But, some
problems grew i.e. child labour, capitalism etc.
Industrial Revolution

The Industrial Revolution was a period in the
late 18th and early 19th centuries when major
changes in agriculture, manufacturing,
production, and transportation had a profound
effect on the socioeconomic and cultural
conditions. It firstly took place in Britain.
Industrial Revolution
Innovations
Textiles - Cotton spinning using Richard
Arkwright's water frame, James
Hargreaves's Spinning Jenny, and Samuel
Crompton's Spinning Mule (a combination of
the Spinning Jenny and the Water Frame).
Steam power - The improved steam
engine invented by James Watt was initially
mainly used for pumping out mines, but
from the 1780s was applied to power
machines.
Industrial Revolution



                         James Watt




Spinning Mule       Watt’s steam engine
Industrial Revolution
Innovations
Iron founding - In the Iron industry, coke was
finally applied to all stages of iron smelting,
replacing charcoal. This had been achieved much
earlier for lead and copper as well as for
producing pig iron in a blast furnace, but the
second stage in the production of bar
iron depended on the use of potting and
stamping.
Glass making - A new method of producing glass,
known as the cylinder process, was developed in
Europe during the early 19th century.
Industrial Revolution




Iron Bridge         Glass Making
INDUSTRIAL POLICY
 Protection to  Indian Industries
India is probably one of the few countries in the world which
used its import policy for the healthy d e v e l o p m e n t o f
  local industries.
 Levying higher tariffs
 restricted imports, and there was also a total or partial
physical ban on the imports of products from outside India .
During second and third year plans
  In this plans more emphasis was given to capital goods
industries,machines which india wanted to develop for
making new machines,devolpment of textile
machinery,power equipment etc.
 Authority
 Government bodies like the State Trading Corporation,
Mines & Minerals Trading Corporation controls imports of
products.

  HIGH CUSTOMS TARIFFS
 Customs tariffs were raised in s o m e c a s e s t o 2 0 0
t o 3 0 0 % o n imported products . This gave protection
to local industries.
FINANCIAL STRUCTURE
Development of banks like Industrial finance corporation of
India (IFCI) 1948, Industrial development bank of India(IDBI)
1964,(UTI) 1963, (LIC) 1956.
•Regulations under the foreign exchange and regulation
act(FERA)
•Restricted foreign investment in a company to 40% .This
ensured that much of the control in companies with foreign
collaboration remained in the hands of Indians. To succeed,
Indian businessmen had to learn and apply modern
management and production techniques.
•Encouragement to small scale industries
 supports like credit, marketing, technology,
entrepreneurship development, fiscal financial
and infrastructural support.
•Shares Percentage in Final Energy Consumption
          Sector 1953-54         1990-91
             Industry 39.8          50.4
             Transport 46.2        24.5
             Domestic 9.9          13.8
                Agriculture 1.7   9.0
                Others 2.4        2.3
               Total 100.0      100.0
•First Industrial policy resolution of 1948
  The first industrial policy gave emphasis to industry where state had a
  monopoly (arms and ammunition etc.) there also existed mixed sector
  industries (coal, iron and steel etc.) Government controlled industries
     (automobiles, heavy machinery etc.) and private industries. The
 industrial policy resolution also stressed the importance of cottage and
                            small scale industries.

•Industrial Policy Resolution of 1956
This resolution changed mixed economy approach by giving
more importance to public sector.
The resolution brought out the importance of removing regional
disparities in our country. A sufficient attention was paid by the
resolution for providing facilities to labourers. Industrial Policy
1970
•National industrial policy(1970)
1) This policy provided that there should be a class of core
industries consisting of basic, critical and strategic industries in
economy.
(2) All new investment prepositions of over Rs. 5 crore shall be
deemed to be in the heavy investment sector.
(3) The joint sector concept should be accepted in principle.
(4) The existing policy of reservation for the small sector will be
continued.
(5) The exemption limit from licensing provision will be raised to
Rs. 1 lakhs .
•Industrial Policy of 1980
The main objectives of 1980 industrial policy were the revival of
economy, effective operational management of public sector,
promotion of industries in rural areas, removal of regional
imbalance, concessions for industries engaged in research and
development of optimum utilization of installed capacity.
•Industrial Policy 1999
a) Consolidate the strengths built up during the last four decades of economic
planning and to build on the gains already made.
(b) Correct the weakness that may have crept in the industrial structure as it
has developed over the last four decades.
(c) Maintain a sustained growth in productivity and gainful employment.
(d) To attain international competitiveness government has decided to
liberalize industrial licensing policy, foreign investment, foreign technology
agreement, public sector policy and MRTP for the sake of realization of
objectives of the policy. The new industrial policy has abolished industrial
licensing. The new industrial policy has also scrapped the asset limit of MRTP
companies.
Industries in India
         Iron & Steel Plants
Jamshedpur (Tesco
Plants)                     Jharkhand
Burnpur Harapur Kulti
(TISCO Plants)              West Bengal
Vijay Nagar Plants          Karnataka
Bhadravati                  Karnataka
Salem                       Tamil Nadu
Vishakhapatnam Plants       Andhra Pradesh
Bhilai Steel Plant          Chhattisgarh
Raurkela Steel Plant        Orissa
Durgapur Plants             Bengal
Bokaro Plants (BS), Steel
Limited (BSP)               Jharkhand
At last these revolutions played a great role in
the world history. The future revolution will
be 4G and we should be ready to welcome it
and be a part of it.
“You cannot buy the Revolution,
You cannot make the Revolution,
You can only be the Revolution”.


    Thank You

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The industrial revolutions

  • 1. THE INDUSTRIAL REVOLUTION BY SUNIT MATHEW
  • 2. Revolution Introduction A revolution is a fundamental change in power or organizational structures that takes place in a relatively short period of time. Revolutions have occurred through human history and vary widely in terms of methods, duration, and motivating ideology. Their results include major changes in culture, economy, and socio political institutions. Revolutions can be of many types. Some of the revolutions are stated below:- Green Revolution Scientific Revolution Industrial Revolution Chemical Revolution
  • 3. A Revolution in Great Britain During the 1700s changes in technology began based on the use of power-driven machinery. This era is called the Industrial Revolution. Factors for Success Agricultural Factors • Exploration and colonialism • Research and development on farms • Seapower • Jethro Tull, seed drill • Political stability • Improved livestock breeding • Government support • Better varieties of food crops • Growth of private investment – Increased food supply – Population grew • Enclosure movement
  • 4. Britain’s Big Advantage The Industrial Revolution began in Great Britain. • Had essential elements for economic success • Factors of production Land Labor Capital
  • 5. A Revolution in Textiles Textile Industry • Beginning of Industrial Revolution • Weaving was a cottage industry • Labour performed at home • Industrialization transformed this New Way of Making Cloth Cloth-making in Factories • Fabric made of wool or cotton • Cottages too small • Supply of fibers increased in the • Factory invented 1700s • Slave labor in America • Power for factories? • Invention of cotton gin • Water frame for water power • Invention of spinning jenny • Invention of flying shuttle • Output increased 8x by 1770
  • 6. Steam Powers the Revolution Development of Steam Coal for Steam Engines Engine • Steam engines needed large amounts of fuel • First successful steam engine in 1712 • Wood scarce • Innovations by James Watt • Coal mining industry • Steam power versus water power • Changing landscapes • Steam locomotives • Dangers of mining • Steamships • Robert Fulton
  • 8. Industrialization Spreads Industrialization soon spread to western Europe and the United States. Other regions did not industrialize in the 1800s. What was it about Western countries that encouraged them to embrace industry? Why Western America Europe Countries? • British restrictions • Belgium, 1807 • Political liberty • Hamilton, 1791 • France, 1815 • Freedom to compete • Samuel Slater • Germany, 1850 • Rewards reaped – Water frame – Railroads • Exploitation and improvements – Slater’s Mill – Treaties • Lowell’s Mill
  • 9. Industry in Asia Eventually, industry spread to Asia. • Japan first in 1868 • Meiji government • The 1900s—industrialization for – China – India – Russia
  • 10. Industrial Revolution Thus new innovations grew in the Industrial Revolution. After that new innovations grew in the 18 th and 19 th centuries such as Roads Railways Mining Coal industries Child Labour Due to this revolution in Britain it expanded in U.S.A., France, Germany, Japan etc. But, some problems grew i.e. child labour, capitalism etc.
  • 11. Industrial Revolution The Industrial Revolution was a period in the late 18th and early 19th centuries when major changes in agriculture, manufacturing, production, and transportation had a profound effect on the socioeconomic and cultural conditions. It firstly took place in Britain.
  • 12. Industrial Revolution Innovations Textiles - Cotton spinning using Richard Arkwright's water frame, James Hargreaves's Spinning Jenny, and Samuel Crompton's Spinning Mule (a combination of the Spinning Jenny and the Water Frame). Steam power - The improved steam engine invented by James Watt was initially mainly used for pumping out mines, but from the 1780s was applied to power machines.
  • 13. Industrial Revolution James Watt Spinning Mule Watt’s steam engine
  • 14. Industrial Revolution Innovations Iron founding - In the Iron industry, coke was finally applied to all stages of iron smelting, replacing charcoal. This had been achieved much earlier for lead and copper as well as for producing pig iron in a blast furnace, but the second stage in the production of bar iron depended on the use of potting and stamping. Glass making - A new method of producing glass, known as the cylinder process, was developed in Europe during the early 19th century.
  • 16. INDUSTRIAL POLICY  Protection to Indian Industries India is probably one of the few countries in the world which used its import policy for the healthy d e v e l o p m e n t o f local industries.  Levying higher tariffs restricted imports, and there was also a total or partial physical ban on the imports of products from outside India . During second and third year plans In this plans more emphasis was given to capital goods industries,machines which india wanted to develop for making new machines,devolpment of textile machinery,power equipment etc.
  • 17.  Authority Government bodies like the State Trading Corporation, Mines & Minerals Trading Corporation controls imports of products. HIGH CUSTOMS TARIFFS Customs tariffs were raised in s o m e c a s e s t o 2 0 0 t o 3 0 0 % o n imported products . This gave protection to local industries. FINANCIAL STRUCTURE Development of banks like Industrial finance corporation of India (IFCI) 1948, Industrial development bank of India(IDBI) 1964,(UTI) 1963, (LIC) 1956. •Regulations under the foreign exchange and regulation act(FERA) •Restricted foreign investment in a company to 40% .This ensured that much of the control in companies with foreign collaboration remained in the hands of Indians. To succeed, Indian businessmen had to learn and apply modern management and production techniques.
  • 18. •Encouragement to small scale industries supports like credit, marketing, technology, entrepreneurship development, fiscal financial and infrastructural support. •Shares Percentage in Final Energy Consumption Sector 1953-54 1990-91 Industry 39.8 50.4 Transport 46.2 24.5 Domestic 9.9 13.8 Agriculture 1.7 9.0 Others 2.4 2.3 Total 100.0 100.0
  • 19. •First Industrial policy resolution of 1948 The first industrial policy gave emphasis to industry where state had a monopoly (arms and ammunition etc.) there also existed mixed sector industries (coal, iron and steel etc.) Government controlled industries (automobiles, heavy machinery etc.) and private industries. The industrial policy resolution also stressed the importance of cottage and small scale industries. •Industrial Policy Resolution of 1956 This resolution changed mixed economy approach by giving more importance to public sector. The resolution brought out the importance of removing regional disparities in our country. A sufficient attention was paid by the resolution for providing facilities to labourers. Industrial Policy 1970
  • 20. •National industrial policy(1970) 1) This policy provided that there should be a class of core industries consisting of basic, critical and strategic industries in economy. (2) All new investment prepositions of over Rs. 5 crore shall be deemed to be in the heavy investment sector. (3) The joint sector concept should be accepted in principle. (4) The existing policy of reservation for the small sector will be continued. (5) The exemption limit from licensing provision will be raised to Rs. 1 lakhs .
  • 21. •Industrial Policy of 1980 The main objectives of 1980 industrial policy were the revival of economy, effective operational management of public sector, promotion of industries in rural areas, removal of regional imbalance, concessions for industries engaged in research and development of optimum utilization of installed capacity. •Industrial Policy 1999 a) Consolidate the strengths built up during the last four decades of economic planning and to build on the gains already made. (b) Correct the weakness that may have crept in the industrial structure as it has developed over the last four decades. (c) Maintain a sustained growth in productivity and gainful employment. (d) To attain international competitiveness government has decided to liberalize industrial licensing policy, foreign investment, foreign technology agreement, public sector policy and MRTP for the sake of realization of objectives of the policy. The new industrial policy has abolished industrial licensing. The new industrial policy has also scrapped the asset limit of MRTP companies.
  • 22. Industries in India Iron & Steel Plants Jamshedpur (Tesco Plants) Jharkhand Burnpur Harapur Kulti (TISCO Plants) West Bengal Vijay Nagar Plants Karnataka Bhadravati Karnataka Salem Tamil Nadu Vishakhapatnam Plants Andhra Pradesh Bhilai Steel Plant Chhattisgarh Raurkela Steel Plant Orissa Durgapur Plants Bengal Bokaro Plants (BS), Steel Limited (BSP) Jharkhand
  • 23. At last these revolutions played a great role in the world history. The future revolution will be 4G and we should be ready to welcome it and be a part of it.
  • 24. “You cannot buy the Revolution, You cannot make the Revolution, You can only be the Revolution”. Thank You