factories; work grew to be more specialized; new forms of skill were developed, and some old forms lost. Labour became more mobile, and higher standards of comfort were offered to those able and willing to move to centres of opportunity. At the same time fresh sources of raw material were exploited, new markets were opened, and new methods of trade devised. Capital increased in volume and fluidity; the currency was set on a gold base; a banking system came into being. Many old privileges and monopolies were swept away, and legislative impedi- ments to enterprise removed. The State came to play a less active, the individual and the voluntary association a more active, part in affairs. Ideas of innovation and progress undermined traditional sanctions: men began to look forward, rather than backward, and their thoughts as to the nature and purpose of social life were transformed. Whether or not such a series of changes should be spoken of as 'The Industrial Revolution' might be debated at length. The changes were not merely 'indus- trial', but also social and intellectual. The word 'revolu- tion' implies a suddenness of change that is not, in fact, characteristic of economic processes. The system of human relationships that is sometimes called capitalism had its origins long before 1760, and attained its full development long after 1830: there is a danger of over- looking the essential fact of continuity. But the phrase 'Industrial Revolution' has been used by a long line of historians and has become so firmly embedded in common speech that it would be pedantic to offer a substitute. The outstanding feature of the social history of the -2- |