What led to the industrial revolution in Europe Essay

What led to the industrial revolution in Europe - Essay Example He also considers one of the very reasonable question that either this is a evolution of men or combination of different events. Writer sums ups his ideas as: The lust for more money and prosperity and growth with low costs as compared to the feudal system of life lead the way for industrialization of Europe. And infect the agricultural conditions in Europe were not confident enough to yield surplus amounts for the people. Then domination over the globe started on the name of trade. Mokyr, Joel. 1993. The British industrial revolution: an economic perspective. Boulder: Westview Press. The Industrial Revolution on the Continent: Germany, France, Russia 1800-1914   By W.O. Henderson Henderson in the chapter â€Å"the new masters and their women† describes about the change in lifestyle of the rural land. The introduction of the steam engine and railway tracks can be credited for the first brick in the industrial revolution. ... 1961. The industrial revolution in the eighteenth century: an outline of the beginnings of the modern factory system in England. New York: Macmillan. The nature of men is always filled with progressive ideas and innovations. The life at the start of the 18 century was also optimistic and free. At the beginning of the 18th century farming was practiced as the primary occupation throughout Europe. Feudal system ruled vast areas, in which merchants earned good amounts of money by trading the finished product of the farms to the market. The population was growing as well as the demands. End of civil wars lead an end to the feudal system which was now replaced by the monarchy system, as in Britain. Now the point was to enhance the economic growth to fulfill the growing demands. With the invention of the steam engine, the concept of ‘factory system was introduced. Young marriages and the resistance to overcome diseases increased the population growth which in turn prepared a large ma npower, an essential requirement for the factory system. Rail system was the element improving trade. The workers of cottage industry loved the new evolving idea of mechanization. England was the first among the European countries to come up with relevant industrial rules. The trade was increasing and now the people were not dependent on the autocrats. Wealth went on flourishing and England had a middle class prepared to welcome it. In the era following the 18th century the per capita increase is in a greater ratio as that of population growth. In the words of Nobel Prize winner Robert E. Lucas, Jr., "For the first time in history, the living standards of the masses of ordinary people have begun to undergo sustained growth  ... Nothing remotely like this economic behavior has happened

Shea's One of a Kind Boutique Term Paper Example | Topics and Well Written Essays - 1000 words - 1

Shea's One of a Kind Boutique - Term Paper Example For the success of an organization, it is highly important that the organization is structured efficiently. If the overall structure of an organization is effective, there would be a good flow of communication throughout the organization and the overall efficiency of the management would increase. In this organization, supervisory managers are responsible for the operations of their respective departments and they present the performance reports to the directors. The team of advisors helps the organization carry out risk assessment properly and to operate safely without any legal issues. The team for quality control ensures that all the processes in the organization are operating effectively. This is done by assessing different processes for their effectiveness. The accountants keep the records of the business of the organization. The record keeping system is completely automated and the accountants ensure that the system is operating effectively and in compliance with the financial reporting standards. Section 3: Business Teams The management of the organization understands the concept of synergy therefore formation of teams for different tasks is highly encouraged in the organization (Robbins & Judge, 2010). The concept of teams is very frequently applied in the organization. Since the business is of such a nature that it requires so much brainstorming, working in teams is the optimum way to carry out the task. In order to come up with innovative marketing techniques or new ideas for the clothes, teams are formed by the management and they are given the tasks. The group dynamics bring out synergy and the members of a group remain motivated towards completing the task efficiently. The strengths of business teams include; motivation, efficient completion of the tasks and origination of innovative ideas. The weaknesses may be; the team members may divert from the actual purpose of the formation of the team and there may be negative dynamic of the group if there is lack of congeniality among the group members. Section 4: Management Philosophy regarding Communication and Organizational Culture The management philosophy regarding