How did industrialization lead to global inequality?

Answer 1

Industrialization Spreads - Presentation Transcript

1. Industrialization Spread Into the US & Continental Europe Ch 9 Section 3
2. Reasons for Industrial Development in the US Rivers Coal & iron ore Laborers British blockade in War of 1812
3. Textile Industry in US  1st area to industrialize  Samuel Slater  Built spinning machine from memory & design in US  Francis Cabot Lowell  Mechanized every stage in making cloth  Workers  Mostly single young women  Worked long hours, low wages; but better than other options
4. Technological Boom • Oil • Coal Natural Resources • Iron • Light bulb • Telephone New inventions • Consumed new goods Urban population
5. Railroads  Chicago & Minneapolis  Location along railroad lines led to growth of cities  Small number of companies controlled 2/3 of the railroads  Smaller railroads joined together  Look at maps on p296  Answer questions
6. Rise of Corporations  Needed a lot of money  Sold shares of stock in companies (rights of ownership)  Business owned by stockholders (corporation)  Share in profits but no responsible for debts  Examples  Standard Oil: John D Rockefeller  Carnegie Steel Company: Andrew Carnegie  Controlled all aspects of industry: Big Business  From beginning to end product
7. Lack of Development in Continental Europe Interrupted Communication Inflation Lack of Trade French Revolution
8. Beginnings of Industrializing in Con. Europe  Belgium 1st to industrialize  Iron ore deposits & coal  Waterways for transportation  William Cockerill  Took British plans for spinning machine to Belgium  Many other British workers followed him to Belgium & the rest of Europe  Germany  Copied British model  Sent children to England to be educated  Built railroads linking cities  Military power because of industrialization
9. Rest of Europe  Developed by region, not country  Bohemia: Spinning industry  Spain's Catalonia: Processed cotton  Northern Italy: Textiles  Moscow: Factories with serf labor  France  Controlled & lasting growth because of agriculture  Avoided social & economics problems of rest of Europe
10. Why Did Some Not Industrialize Social Structure delayed change • Most countries Geography problems for transportation • Austria-Hungary- mountains • Spain- waterways
11. Impact of Industrialization Global Inequality Transforming Society • Widened wealth gap • Gave Europe economic • Exploited less- power in world • Changed daily life & life developed countries raw materials expectancy • Led to Imperialism • Population, health, wealth did grow for everyone • Middle class developed • Demand for social reform

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