Causes of the idustrial revolution:
- Increase in population: Since the 18th century plague epidemics were disappearing and the development of agriculture allowed the growth of food production and then there was a decrease in catastrophic mortality (hunger, wars, epidemics).
- European mortality, like infant mortality, was reduced.
- The birth rate was slowly decreasing, although it remained high, as a result the vegetative growth increased a lot.
- The increase in the population was greater in the cities. There were also migrations, especially to America.
Effects:
- Large capital accumulated that gave rise to companies and corporations.
- The communication routes and means of transport were designed, developed and perfected, making possible the exchange between nations.
- Chambers of commerce, insurance companies, banks, etc. were created.
- The system of income on credit is developed. Advertising methods and commercial competences emerged.