The Industrial Revolution and the Industrious Revolution

By

Vries, Jan de

"The Industrial Revolution as a historical concept has many shortcomings. A new concept-the "industrious revolution"-is proposed to place the Industrial Revolution in a broader historical setting. The industrious revolution was a process of household-based resource reallocation that increased both the supply of marketed commodities and labor and the demand for market-supplied goods. The industrious revolution was a household-level change with important demand- side features that preceded the Industrial Revolution, a supply-side phenomenon. It has implications for nineteenth- and twentieth-century economic history. "
Language

English

Country

United Kingdom

Editors Information
Published on
20.04.2024
Contributor
Thomas Meyer
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