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Impacts of Industrialization

Impacts of Industrialization. Percentage Distribution of the World's Manufacturing Production, 1870 and 1913 ( percentage of world total ) . Rural and Urban Populations. Employment of Workers/Real Wages. Real Annual Wages 1820-1940. Social Impacts.

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Impacts of Industrialization

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  1. Impacts of Industrialization

  2. Percentage Distribution of the World's Manufacturing Production, 1870 and 1913 (percentage of world total)

  3. Rural and Urban Populations

  4. Employment of Workers/Real Wages

  5. Real Annual Wages 1820-1940

  6. Social Impacts • Social Darwinism—based on natural selection (strong will survive) • Economy—Strongest businesses will succeed and weakest businesses will naturally fail (natural law). No government intervention like the Sherman Antitrust Act and Interstate Commerce Act • Society—Justified wealth and rationalized poverty (rich=strong, poor=weak/lazy) • Horatio Alger

  7. Robber Barons • Negative view of “captains of industry.” Robber barons made millions, while workers made little and competition was destroyed. • To try to change this view, Carnegie, Rockefeller, and Morgan made large contributions to various charities. • Carnegie—Wealth and Its Uses

  8. Education • More opportunities became available • Government required schooling • Reduction in child labor • More higher education opportunities too

  9. Leisure Time • Middle class develops • More disposable income • Amusement parks, baseball, movies, etc.

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