1.) What is Industrial Revolution?

The Industrial Revolution was a period from the 18th to the 19th century where major changes in agriculture, manufacturing, mining, transportation, and technology had a profound effect on the socioeconomic and cultural conditions of the times. It began in the United Kingdom, then subsequently spread throughout Europe, North America, and eventually the world. The Industrial Revolution marks a major turning point in human history; almost every aspect of daily life was influenced in some way. Most notably, average income and population began to exhibit unprecedented sustained growth. In the two centuries following 1800, the world's average per capita income increased over 10-fold, while the world's population increased over 6-fold. In the words of Nobel Prize winner Robert E. Lucas, Jr., "For the first time in history, the living standards of the masses of ordinary people have begun to undergo sustained growth. ... Nothing remotely like this economic behavior has happened before."

2.)Facvtirs led to the Industrial Revolution

Industrial Revolution in Britain The British Industrial Revolution occurred prior to the American Industrial Revolution. The British invented many new technologies that made the revolution possible, but they passed laws that prevented citizens from introducing these new technologies to the U.S. However, Samuel Slater memorized the plans to build a factory and machinery, then came to America and built the first mill. This provided Americans with the necessary knowledge to start building other mills. Shortage of Goods When the Industrial Revolution began, Americans were still largely dependent on British trade to supply many of their necessary goods. With the War of 1812 and the rise of Napoleon Bonaparte and the Napoleonic wars, the supply of British trade goods began to shrink. This gave Americans an incentive to build more factories and produce their own products. Technological Developments The Industrial Revolution was made possible by the development of technology that allowed people to build factories, steel mills and textile mills. To run these operations, large amounts of power were needed. The invention of the steam engine provided people with the ability to harness the power of water to run machinery and supply power. Additionally, American inventers further developed and refined British technologies, enabling Americans to build larger factories, mechanize agricultural farming, use machines to assemble parts and produce a greater amount of goods. Transportation Methods For the Industrial Revolution to take place, there needed to be an efficient way to deliver materials and transport workers to factories. The invention of the steam engine offered Americans a way to power trains and boats. Then the U.S. government stepped in by granting privileges and funding large transportation systems that could efficiently move cargo across long distances. Historians now refer to this development as the "Market Revolution." Economic Changes Changes in the banking and credit system also enabled the Industrial Revolution to occur in America. In order to finance businesses, potential business owners needed credit to raise capital. The United States government granted Alexander Hamilton a charter to start a bank, which provided access to needed funds but created controversy because of state involvement in what was considered a private institution.

3.) Personalities and their Contribution to the Industrial Revolution.

Cotton Gin Eli Whitney. A biography of the inventor and a discussion of his impaEdmund Cartwright. An excellent article that discusses the invention of the water-powered loom The Invention of the Power Loom in Edmund Cartwright's own words. A Brief Look at the Power Loom Loom A very short article with a discussion of the changes that took place because of the power loom Spinning Jenny James Hargreaves Spinning Jenny Spinning Mule Samuel Crompton Using the Gale Resources Power Search Page, type in "Samuel Crompton" in the Search Box. In the Results Page, click on the Reference tab. ct on US history. Eli Whitney. American National Biography with an excellent discussion of the development of interchangeable parts. To access the article, click on the ANB buttion, and then enter "Eli Whitney" in the Search Box. Eli Whitney and the Cotton Gin More information on Eli Whitney

Moses Brown, Samuel Slater and the Industrial Revolution in the United States Moses Brown Using the Gale Resources Power Search Page, type in "Moses Brown" in the Search Box. In the Results Page, click on the Reference tab Samuel Slater A biography of Slater, and why he is called the "Founder of the Industrial Revolution in the United States." Samuel Slater Another short biography of Slater. The Factory System Richard Arkwright Considered the father of the modern industrial factory system; his inventions were a catalyst for the Industrial Revolution. Francis Cabot Lowell American National Biography search engine page. Enter Francis Cabot Lowell in the search box. Flying Shuttle John Kay and the Flying Shuttle Water-Powered The Lowell Factory System A look at the system for manufacturing textiles devised by Francis Lowell. The Lowell Factory System More information on the development of the Lowell Factory system. Steam Engine James Watt Using the Gale Resources Power Search Page, type in "James Watt" in the Search Box. In the Results Page, click on the Reference tab. James Watt's Steam Engine. A discussion of the invention of the steam engine, with a link to an animation of Watt's engine. Steamboat Robert Fulton and the Steamboat

Railroads George Stephenson A short biography of the inventor of the steam locomotive, and a description of his invention. George Stephenson Another biography of Stephenson, with links at the bottom of the page to more information. Steel-making Henry Bessemer A short biography of Bessemer, and a discussion of the steel-making process Henry Bessemer About.com has a biography of the English inventor. At the bottom of the page are links to the steel-making process Electricity and the Light Bulb Thomas Edison A short biography of the inventor, from About.com, with links to more information and specific inventions Thomas Edison A more extensive look and the life and inventions of Edison, if you want more information. The Light Bulb A look at just one of Thomas Edison's famous inventions (only one of 1, 093 patents awarded to Edison!!) Road Building John MacAdam A biography and discussion of the impact of MacAdam's ideas of road building Thomas Telford A short biography of the important road and canal builder. Automobile Assembly Line History of the Assembly Line A discussion of the development of the assembly line by Henry Ford. Invention of the Assembly Line Some quick facts about the assembly line. Internal Combustion Engine Gottlieb Daimler A biography of Daimler. The Internal Combustion Engine Daimler's significant contribution to the development of the automobile. Photography George Eastman and the History of Kodak. A biography of George Eastman, but also a discussion of the problems of early photography and how Eastman revolutionized the industry Telegraph Samuel F. B. Morse Using the Gale Resources Power Search Page, type in "Samuel Morse" in the Search Box. In the Results Page, click on the Reference tab. The Invention of the Telegraph

Telephone Alexander Graham Bell Invents the Telephone. Fascinating Facts about the Invention of the Telephone Airplane Wilbur and Orville Wright From Time Magazine comes a biography of the inventors and a discussion of their invention. Follow that links at the bottom of page 1 for the the next pages. The First Flying Machine. A discussion of the historic first flight, with links to more information Other personalities of the Industrial Revolution Abraham Darby The Darby family played made several key advances in the Industrial Revolution. Adam Smith Using the Gale Resources Power Search Page, type in "Adam Smith" in the Search Box. In the Results Page, click on the Reference tab. Charles Dickens Using the Gale Resources Power Search Page, type in "Charles Dickens" in the Search Box. In the Results Page, click on the Reference tab.

4.) What is Mass Production?

Mass production (also called flow production, repetitive flow production, series production, or serial production) is the production of large amounts of standardized products, including and especially on assembly lines. The concepts of mass production are applied to various kinds of products, from fluids and particulates handled in bulk (such as food, fuel, chemicals, and mined minerals) to discrete solid parts (such as fasteners) to assemblies of such parts (such as household appliances and automobiles).

5.) What is Mass Customization?

Mass customization, in marketing, manufacturing, call centres and management, is the use of flexible computer-aided manufacturing systems to produce custom output. Those systems combine the low unit costs of mass production processes with the flexibility of individual customization. Mass customization is the new frontier in business competition for both manufacturing and service industries. At its core is a tremendous increase in variety and customization without a corresponding increase in costs. At its limit, it is the mass production of individually customized goods and services. At its best, it provides strategic advantage and economic value. Mass customization is the method of "effectively postponing the task of differentiating a product for a specific customer until the latest possible point in the supply network." The concept of mass customization is attributed to Stan Davis in Future Perfect and was defined by Tseng & Jiao (2001, p. 685) as "producing goods and services to meet individual customer's needs with near mass production efficiency". Kaplan & Haenlein (2006) concurred, calling it "a strategy that creates value by some form of company-customer interaction at the

fabrication and assembly stage of the operations level to create customized products with production cost and monetary price similar to those of mass-produced.

6.) Example of Expert in the Business.

Aireen G. Ortega BSBA- Management TF 1:00-2:30 PM Prof. Mario Brillante Wesley C. Cabotage