Concetti Chiave
- The introduction of machines in England led to the disappearance of old trades and reduced workforce, causing protests known as the Luddite movement.
- Mechanization increased production and necessitated market expansion, emphasizing the need for marketing.
- Protectionism evolved from the feudal system, creating barriers against imported products to protect domestic markets.
- The capitalist system introduced free distribution of products, marking a shift from past business practices.
- Industrial Revolution challenges included overproduction and the exploitation of workers without safeguards, including women and children.
The introduction of the machine caused in England the disappearance of old trades and reducing the workforce. The reaction was a protest that result in the destruction of the machines and became known as Luddites by a certain Ned Ludd, leader of the revolt. These skilled workers were damaged by the advent of machines. This phenomenon was suppressed and he came even to the death penalty for Luddites.
Mechanization of a production process that until now was manual, this led to a higher production of the product and therefore the need to widen the market.