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1st Kondratiev wave

Kondratiev Waves

Kondratiev waves: 1. Water-powered mechanization of industry 2. Steam-powered mechanization of industry & transport 3. electrification of industry, transport & Home 4. motorization of transport, civil economy & war 5. Computerization of entire economy
1st kondratiev wave: Carrier branches Cotton spinning, Iron products, water wheels and bleach
1st kondratiev wave: Core inputs Iron, Raw cotton, Coal
1st kondratiev wave: Transportation, communication & Infrastructure Canals (erie canal), turnpike roads, sailing ships
1st kondratiev wave: Managerial and organizational changes Factory systems, entrepreneurs, Partnerships
1st kondratiev wave: time 1780's - 1815 up 1815 - 1848 down
1st kondratiev wave: Place GB
1st kondratiev wave: Entrepreneurs Arkwright's Cromford mill (1771)
Created by: 1371300376