Business Ethics and the Industrial Revolution: A Wage Crisis Article

This project requires the creation of a newspaper article from a conservative, secret liberal's perspective during the Industrial Revolution in Manchester, England (1817-1818). The article should address the wage crisis, class conflict, and rapid technological change, supporting merchants who pay wages while subtly advocating for the working class. The argument should suggest that paying workers more could increase productivity and deter Luddite actions, thereby supporting industrialization. Additionally, the assignment includes a one-page article and a one-page oral speech to be delivered from the character's point of view, examining the ethical considerations of the era.

Running Head :CORP/BUSINESS LAW
CORP/BUSINESS LAW
Name of the Student
Name of the University
Author Note

CORP/BUSINESS LAW 1
Summary of Article:
In the time of the industrial revolution, major emphasis was given on the context of
the business ethics. It furthermore focused on the revelation that how the industrial revolution
was basically powered by child laborer and child slaves highlighting the criss of the wage,
lowering of the wage, conflict among the class and some of the raod technological changes.
Some of the naked truth that can be illustrated includes the exapnsion of the huge factories in
the era of the industrial revolution would not have been possible without the effective
explotation of the young slaves of the era. The child slaves and the child laborer were one of
the crucial and the essential ingrediants towards the success and the expansion of the
industrial deveolution in the Britain. Further emphasis also needs to be given on some of the
major and detailed statistical analysis of Prof. Jane Humphres from Oxford who researched
out that the context of the child labour had been much more common and important in the
espect of the economical perspectives. According the estimates of the professor as illustrated
in the article, by the end of the 19th century, the country of the Britain had more than a million
of the child slaves working as child workers accounting for more than 15 percent of the total
labour force. There has been extensive research on how the children of the working class
were used for the provition of the labor force for the Industruial revolution was however
expansion and the extension of the long established practice regrading the working classs
children employed by the artisans and the farmers.

CORP/BUSINESS LAW 2
Personal Opinion:
Despite the fact that the discussion about whether kids were abused amid the British
Industrial Revolution proceeds with today . Parliament passed a few youngster work laws
subsequent to hearing the proof gathered. The three laws which most affected the work of
youngsters in the material business were theCotton Factories Regulation Act of 1819, the
Regulation of Child Labor Law of 1833 and the Ten Hours Bill of 1847. The significance of
the violation of the busness ethics by the explotation of the child labor in the era was attached
towards both the changes towards the nayure of the chid labor and the extent to which the
child slaves were being employed and forced for the job. I perseonaaly feel after going
through the article is that together with the industrial revolution and the increase in the size of
the families there has been a range of varied factors like the empire building, the war and the
mobility of the labor and the household of the single parent that apparently increased in a
dramartical basis. Though there has been the success of the technological and the industrial
tevilution, this has led to the destruction of manyt of the families and the relationship among
the families and the economy.