Reply To: Living Standards and the Industrial Revolution

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#16684
rt
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Thanks for all the answers. There’s just the thing about the population growth etc. I’ve got to get my mind across. So:
The innovations during the Agricultural Revolution increased productivity, This led to higher output and more people could be fed which caused the population to grow.
In turn more labor was available in the agricultural sector and fewer workers were needed to produce food for everyone. Usually higher productivity leads to higher wages but the additional labor now available in the agricultural sector put downward pressure on wages. On Wikipedia it says:
“New agricultural implements were invented at an increasing pace all through the 1800s allowing agricultural populations in Britain to actually decrease.” (1)

While society as a whole benefited dramatically from these innovations, some farmers whose work became obsolete did not. This phenomenon is called Creative Destruction.

The accumulation of capital and the labor freed up during the agricultural revolution led to the Industrial Revolution and the construction of factories. No one forced the people to move to the cities. Instead, they were offered a new option. They could have pursued work on the fields or some other place but a lot of them chose to work in the industry where salaries were higher.

Is this correct?

1. http://en.wikipedia.org/wiki/British_Agricultural_Revolution