“Necessity, which is the mother of inventions” (Plato), but profit doesn't hurt either! Until the First Industrial Revolution, manual labor was the norm. The great societies of the world such as the Greeks and Romans built their empires with their own hands. With the inventions of the 1780-1850 period, machinery and innovation gave way to less labor. Marketing was born in this period because these new inventions needed to be sold to the public. Capitalism thrived on these inventions, and mechanization was on the rise. The definition of capitalism is an economic theory focused on the free market. This meant no government intrusion or restrictions. It also meant that businesses were free to operate as they saw fit. This type of capitalism was known as Lassiz-Faire which in French means “let it be”. Businesses and entrepreneurs were free to operate under substandard conditions; this also condemned the worker who would work in these sub-standard conditions. Usually children and unskilled people worked in factories for small wages. Children were used, due to their small stature, to reach places that adults could not reach. On little wages, employees lived in substandard housing. Overcrowding and pollution have become a problem. Sometimes 2 or more families lived in a single apartment. Without pipes they dumped waste into the street. The poor living conditions and poor sanitary conditions began to manifest themselves. The living conditions of the population and the poor working conditions were seen by some as deplorable, something had to change. The mass immigration of people from farms and foreign countries was known as urbanization. The consequences of urbanization have been mentioned above. With the birth of a new industry, w......middle of paper......lease ideas of economic systems. Just looking back at the inventions and social changes of the last twenty years of world history, there is no doubt that more social changes, more new ideas, more new inventions and, who knows, maybe even a new economic system for the world is precisely around the corner. References http://voices.yahoo.com/creation-capitalism-communism-during-industrial-8879931.html http://americanhistory.about.com/library/charts/blchartindrev.htm http://inventors.about.com /od/indrevolution/http://www.greaterthings.com/Books/Vision/Temporal/Ch-6_Past_2nd-Gath/Communism_birth.htmhttp://www.freerepublic.com/focus/f-news/1285981/postsChapter II. Proletarians and Communists http://marxists.org/archive/marx/works/1848/communist-manifesto/ch02.htmMarx & Engels 1848, chapter one. http://en.wikipedia.org/wiki/The_Communist_Manifesto