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The Making of Industrial Society. The Making of Industrial Society. Industrialization Definition Technological advances New sources of energy Changes in organization . The Making of Industrial Society. Great Britain was the first nation to industrialization in the mid 1700s
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The Making of Industrial Society • Industrialization • Definition • Technological advances • New sources of energy • Changes in organization
The Making of Industrial Society • Great Britain was the first nation to industrialization in the mid 1700s • Political Factors • Social Factors • Geographical Factors
The Making of Industrial Society • Textile industry • Steam engine
The Making of Industrial Society • Coal became a new source of energy • Reasons • Application of Coal
Industrial Production in Britain • Steam Engine • James Watt (1736-1819) • Coal fired • Applied to rotary engine, multiple applications • 1760: 2.5 million pounds of raw cotton imported • 1787: 22 million • 1840: 360 million
The Making of Industrial Society • The Factory System • Originated in the 17th century with the “putting out” system • Effects of Factories
The Making of Industrial Society • Industrialization spreads beyond Britain • Attempts to restrict technology • Spread Industrialization by the 1850s
The Making of Industrial Society • France • Belgium • Germany
The Making of Industrial Society • The United States • Origins • Role of British capital • Growth of steel industry • Role of Railroads
The Making of Industrial Society • Industrialization reorganized businesses • Mass production • Creation of modern corporations • Creation of Trusts and Monopolies
The Making of Industrial Society • Consequences of Industrialization • Increase in standard of living • Urbanization • Market Economy
The Making of Industrial Society • Social implications of industrialization • Preindustrial societies • Emergence of new classes • Effects on Families
The Making of Industrial Society • The Economics of Industrialization • Adam Smith • Thomas Malthus • David Ricardo
The Making of Industrial Society • Responses to Industrialization • Utopian Socialists • Alternatives to capitalism and industrialization • Effectiveness
The Making of Industrial Society • The Challenge of Socialism • Karl Marx (1818-1883) • Friedrich Engels (1820-1895)
The Making of Industrial Society • Role of Economics in History • Class Conflict • Workers’ Revolution
The Making of Industrial Society • Reactions to Socialism • Responses to Socialism
The Making of Industrial Society • Global effects of industrialization • Industrialization spreads beyond Western Europe and the United States • Approaches to Industrialization • Russia • Japan
The Making of Industrial Society • International division of labor • Need for resources • Culture of economic dependency