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David Ricardo in the Industrial Revolution
Transcript of David Ricardo in the Industrial Revolution
Web site__Brittanica.com Lasting Impact Ricardo had on the Industrial Revolution David Ricardos free market theory had a lasting impact on liberals and capitalists for the Revolution and time after. The many other theories such as how wages should not be increased for the working class had an impact because because it would create debt. These explanations Ricardo brought to the Industrial Revolution impacted the way factories and the working class are run today. This is a short video giving a summary of Ricardos life and theories Of David Ricardos many theories, the, "Iron law of Wages" gave his many views on the working class and how trade, payments and management should be controlled, which was in Ricardos most famous document, " The Principles of Political Economy and Taxation This is a map of population growth in England throughout the Industrial Revolution. The map shows how the Industrial Revolution affected the population and made it skyrocket for many years causing living standards to plummet down along with too little jobs to fill with so many people. By: Robbie MacPherson This is an image of the over populated, urbanized world that Ricardo knew and improved to the best of his ability