John Hicks

in Economic Perspectives

Published in print August 1977 | ISBN: 9780198284079
Published online November 2003 | e-ISBN: 9780191596421 | DOI:

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This chapter explores the meaning of industrialism. It considers some of the consequences which follow when industrialism is defined as ‘science-based technical progress embodied in physical equipment’. It discusses industrialism in relation to science-based technology, economies of scale, land, and labour.

Keywords: economic theory; economic growth; industrialism; science-based technology; economies of scale; land; labour

Chapter.  8982 words. 

Subjects: Macroeconomics and Monetary Economics

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