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PLEASE GIVE ME THE ENTIRE SUMMARY OF CLASS 10 AGE OF INDUSTRIALISATION.
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Answer:
Explanation:
- Prior the industrialisation revolution, industrial production meant factory production and industrial production worker meant factory workers. This phase is known as proto-industrialisation.
- Protective Tariff – To stop the import of certain goods and to protect the domestic goods a tariff was imposed. This tariff was imposed in order to save the domestic goods from the competition of imported goods and also to save the interest of local producers.
- Life of the Workers
– After the busy season was over, labourers looked for even odd jobs.
– The wages increased somewhat in the 19th century.
– The income of workers dependent not on the wage rate alone, it also depended on a number of days of their work.
– Fear of unemployment made workers hostile to the new introduction of new technology and then introduced woolen industry.
- A policy of Protection – The policy to be applied in order to protect the newly formed industry from stiff competition.
- Chamber of Commerce – Chamber of Commerce was established in the 19th century in order to take collective decisions on certain important issues concerning trade and commerce. Its first office was set up in Madras.,
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