1 / 28

Results of the Industrial Revolution…

Results of the Industrial Revolution…. ECONOMIC, POLITICAL, SOCIAL. ECONOMIC results:. Factory system Mass production Higher standards of living. Modern Capitalism: (Adam Smith, Wealth of Nations ). Basic Principles: “Laissez-Faire” Government/Economic Principles

marnin
Download Presentation

Results of the Industrial Revolution…

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Results of the Industrial Revolution… ECONOMIC, POLITICAL, SOCIAL

  2. ECONOMIC results: • Factory system • Mass production • Higher standards of living

  3. Modern Capitalism: (Adam Smith, Wealth of Nations) • Basic Principles: • “Laissez-Faire” Government/Economic Principles • Private Ownership / Private Property

  4. Free Enterprise/Entrepreneurship • Profit Motive • Competition • A ‘Free Market’ Economy based on Supply/Demand

  5. Economic Results (continued) • Rise of the Corporation, Big Business, and the Stock Market • Government Regulation of Industries • Economic Interdependence of Nations: (Global Economy / World Trade)

  6. Economic Competition among Nations: (Markets/Raw Materials = Imperialism) • Labor Problems/bad working conditions… • Unions / Collective Bargaining / Picket / Strike

  7. POLITICAL Results: • Growth of Democracy / Suffrage rights (vocab) • Rise of Middle and “Working” Class • Informed Citizenry: • Mass Media / Improved Communications • Growth of Nationalism

  8. Launched the Age of Imperialism… • Raw Materials / Markets/Competition • The Industrialized Nations became the world leaders by 1900: • Great Britain • U.S.A. • Germany • Japan

  9. SOCIAL Results: • A “Dynamic” Society… • Increase in World Population • Growth of Cities

  10. Improved status of women • Higher living standards • Stimulus for Education

  11. Humanitarianism / Philanthropy: • Abolition of Slavery (1807- Britain, 1808- USA) • Missionary Services • International Red Cross • Public Education • Philanthropists: Nobel, Rhodes, Carnegie, Rockefeller, Ford

  12. 19th Century developments in Science…(see charts/overheads) • MEDICAL- cures/eradication of smallpox, yellow fever/malaria, germ theory, antiseptics, x-rays, psychology/psychiatry… • GEOLOGY • BIOLOGY/Botany/Cell Theory

  13. GENETICS/Heredity • Theory of Evolution- Charles Darwin • Natural Selection/”Survival of the Fittest”

  14. “Social Darwinism”-know/understand! (vocab) • Also: Chemistry/Physics/Atomic Theory, Electricity…

  15. Problems of Labor/Industrialization • Labor discontent- low wages/long hours • Child Labor- (ages 5+) • Dangerous/unsafe working conditions

  16. Workers lose jobs to machines- (technological unemployment) • People began to relocate in search of work: Emigration/Immigration(vocab) • These conditions will lead to REFORM movements…

  17. Reform movements… • Labor UNIONS… • Collective bargaining • Picket/Strike/Boycott

  18. “Industrial Warfare”… • (Workers vs. Employers) • Proletariat vs. Bourgeoisie) • All of this is according to Karl MARX…

  19. Governments began to abandon ‘Laissez-Faire’ in Labor- related matters… • This will be called SOCIAL Legislation • Begins in England with the…

  20. Factory Act of 1833 • Mines Act of 1842 • Then things like Social Security laws… • Eventually Spreads to Germany, France, and eventually the US…

  21. Movements to Displace Capitalism: • SOCIALISM/COMMUNISM (Marxism): • Socialists sought to reform society through government/economic changes… • Robert Owen/Utopian Socialism (impractical-too idealistic/didn’t work)

  22. Then: Karl Marx and Friedrich Engels write the Communist Manifesto in 1848… • Called for a ‘working class’ Revolution… • “Workers of the World Unite!” • See charts/handouts/overheads…(time permitting)

  23. Marxism/Socialism/Communism • Marx envisioned a ‘classless’ society based upon his principles of Communism… • Marxist ideas/principles: (see chart/overhead) • Remember:

  24. Socialism can be achieved democratically, or peacefully- at the ballot box…This is called ‘Democratic Socialism’ • However, Communism can ONLY be achieved through Revolution/VIOLENCE!

  25. Thus: the “Radical Left” = Communism, or Totalitarianism… • Ex: Russian Revolution/USSR

  26. Marx believed Socialism/Communism was inevitable and that Capitalism would eventually self-destruct… • However, he was WRONG!

  27. Capitalism would change/improve over time and incorporate many changes brought about by the Labor movement and governments who passed Social Legislation

  28. So…Capitalism would become even better and stronger!

More Related