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Industrialization in United Canada 1850-67. Economics in United Canada. 1846-49: Great Britain ends protectionism and adopts free trade policy. Colonies (including United Canada) now need to compete against other countries.
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Economics in United Canada • 1846-49: Great Britain ends protectionism and adopts free trade policy. • Colonies (including United Canada) now need to compete against other countries. • 1854 Canada signs Reciprocity Treaty with USA… they become trading partners. • Common market develops in Canada.
First Phase of Industrialization – 1850-1867 • British Colonies need to make their own manufactured goods to sell. • Capitalist businessmen invest their money in creating factories and industries…they employ workers to produce goods in large quantities.
Transport Develops • Many canals were built for shipping, and to provide power to factories. • Railways were built to link cities and move products and raw materials. • Without TRANSPORTATION, there could be no INDUSTRY
Population Migration and Urbanization • The new industries needed workers! • Factories in Big Cities • People immigrated to Canada … settled in Canada West and got jobs. • French Canadians left farms and headed to cities… 400,000 went to the US for work. There was a RURAL EXODUS.
Social Conditions • Businessmen and factory owners don’t share profits… re-invest them in industries. • Working conditions: long hours, low $. • Social Classes develop: • Upper Class – Rich and influential • Middle Class – Well off, had a voice in pol. • Working Class – Unskilled, poorly paid.