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1st Kondratiev wave
Kondratiev Waves
Question | Answer |
---|---|
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) |