Advertisements
Advertisements
Question
With reference to the rise of Capitalism, answer the following question:
What was the impact of Capitalism on the working class?
Solution
- Loss of Traditional Jobs: The movement of people away from agriculture and into industrial cities brought great stress on the labour force. Women in households, who had earned income from spinning, found the new factories taking away their source of income. Traditional handloom weavers could no longer compete with the mechanised production of cloth.
- Exploitation: In the factories, people had to work long hours under harsh conditions, often with few rewards. Factory owners and managers paid the minimum amount necessary for a workforce, often recruiting women and children to tend the machines because they could be hired for very low wages.
- Stress and Strain: The nature of work changed as a result of the division of labour. This idea in the Industrial Revolution called for dividing the production process into basic, individual tasks. Each worker would then perform one task, rather than a single worker doing the entire job. Such division of labour greatly improved productivity, but many of the simplified factory jobs were repetitive and boring. Workers also had to labour for more than 12 hours a day, sometimes more than 14, and people worked six days a week. Factory workers faced strict rules and close supervision by managers and overseers. The clock ruled life in the mills.
- Overcrowding: By about the 1820s, income levels for most workers began to improve. The economy was expanding at a rate that was more than twice the pace at which it had grown before the Industrial Revolution. Although vast differences existed between the rich and the poor, most of the population enjoyed some of the fruits of economic growth.
APPEARS IN
RELATED QUESTIONS
What is meant by the Industrial Revolution?
Mention the two main features of Capitalism.
Mention the two main features of Socialism.
Industrial Revolution in England may be attributed to many factors. What was the role of the following factor:
Improved Transportation.
Industrial Revolution and the Capitalist mode of production might have been helpful in some ways, it also caused problems in other ways. Discuss its disadvantages under the following heads:
A System of Mass Exploitation
Industrial Revolution and the Capitalist mode of production might have been helpful in some ways, it also caused problems in other ways. Discuss its disadvantages under the following head:
Urbanisation and Increase in Slums
Socialism emerged as a reaction to Capitalism. In this context answer the following question:
What were the main Ideas of Marx and Engels?
What is Capitalism?
With reference to Capitalism and Socialism, state the following:
Difference between Capitalism and Socialism in terms of control means of production.
With reference to Capitalism and Socialism, state the following:
Two key proponents each of Capitalism and Socialism.