AP World History 5.7 | Economic Developments & Innovations (1750–1900)
About this episode
In this AP World History video, we explain Topic 5.7: Economic Developments and Innovations (c. 1750–1900) and how industrialization reshaped global economic systems.
You will learn:
How industrial capitalism changed production, investment, and labor
Why joint-stock companies, limited liability, and banks fueled industrial growth
How ideas like laissez-faire and free trade shaped economic policy
Why governments passed reforms such as the Factory Acts and repealed the Corn Laws
How thinkers like Adam Smith, Karl Marx, and Friedrich Engels responded to industrial capitalism
This lesson connects directly to AP World History themes, including Economic Systems, Governance, and Technology and Innovation, while reinforcing key historical reasoning skills such as causation and continuity and change over time.
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