Research Proposal and Industrial Age and Capitalism

The Industrial Age can be traced to Great Britain in the 1760s and it was a period where power-driven tools replaced hand tools, and it gave rise to industries (See, 2004). Capitalism can be traced to the Renaissance where cities such as Florence applied merchant lending and renting activities in exchange for wage labor (See, 2004). Both capitalism and the Industrial Age have had a significant influence on the contemporary society, and they are the key drivers of trade and commerce. 

Even though previous research has focused on the history of the Industrial Age and capitalism, few studies have addressed how these advancements have influenced modern society.  Since capitalism and the Industrial Age are the foundations of modern trade and commerce, this research will be instrumental in understanding how past societies shaped the present day way of life. 

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This proposal seeks to analyze the features and impacts of capitalism and the Industrial Age, as a foundation to understanding how these two concepts have shaped the contemporary society. The thesis statement for the research will be ‘capitalism and the Industrial Age are the founding blocks for trade and commerce in contemporary society’.  

The research will apply secondary information sources such as books and journals which discuss the history of capitalism and the Industrial Age, its features, and impacts on contemporary society. One of the resurces that will be used is the book Modern capitalism: Its origin and Evolution by See (2004), which provides a detailed account of how capitalism and the Industrial Age have transformed society. Through focus on how these two concepts have influenced contemporary society, the findings will fill the knowledge gap that has been ignored by past historians regarding how capitalism and the Industrial Age have shaped modern society. 


See, H. (2004). Modern capitalism: Its origin and Evolution. Batoche Books. Retrieved from

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