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25.3 INDUSTRIALIZATION SPREAD MAIN IDEA
WHY IT MATTERS NOW TERMS & NAMES
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WORLD HISTORY II20 SEPTEMBER 2013MR. HOOD
25.3 INDUSTRIALIZATION SPREAD
WORLD HISTORY IIMR. HOOD`S NOTES20 SEPTEMBER 2013
MAIN IDEATHE INDUSTRIALIZATION THAT
BEGAN IN GREAT BRITAIN SPEAD TO OTHER PARTS OF THE WORLD
WHY IT MATTERS NOWTHE INDUSTRIAL REVOLUTION SET THE STAGE FOR THE GROWTH OF MODERN CITIES AND A GLOBAL
ECONOMY
INTRODUCTION
GREAT BRITAIN INDUSTRIALIZED
FIRST
BUT INDUSTRIALIZATION
SOON SPREAD
TO THE UNITED STATES +
CONTINENTAL EUROPE
OBJECTIVE 1DESCRIBE INDUSTRIALIZATION IN THE UNITED STATES AND EUROPE.
USA ALSO POSSESSED FACTORS
OF PRODUCTION
BUT USA WAS ENGAGED IN WAR OF 1812 WITH
BRITAIN
BRITAIN BLOCKADED THE UNITED STATES
USA WAS STOPPED FROM ENGAGING IN INTERNATIONAL TRADE
SO USA DEVELOPED OWN INDEPENDENT
INDUSTRIES
USA WOULD MAKE GOODS THEY
COULD NO LONGER IMPORT
US INDUSTRIALIZATION ALSO BEGAN IN TEXTILE
INDUSTRY
BRITAIN EAGER TO KEEP SECRETS OF INDUSTRIALIZATION TO
ITSELF
BRITAIN BANNED ENGINEERS + INVENTERS FROM LEAVING
COUNTRY
BUT SOME MANAGED TO GET
TO THE USA
TOOK IDEAS AND INVENTIONS
WITH THEM
REVOLUTIONIZED THE AMERICAN TEXTILE
INDUSTRY
CREATED A BOOMING MANUFACTURING CENTER
THE NORTH EXPERIENCED
MUCH INDUSTRIAL GROWTH
BUT THE SOUTH REMAINED PRIMARILY
AGRICULTURAL
THEN USA EXPERIENCED A
TECHNOLOGICAL BOOM OF ITS OWN
INVENTIONS INCLUDED: ELECTRIC LIGHT
BULB + TELEPHONE
SWELLING POPULATION CONSUMED NEW
MANUFACTURED GOODS
LIKE GREAT BRITAIN, TRAINS BOOSTED INDUSTRIALIZATION
CITIES GREW ALONG EXPANDING
RAILROAD LINES
BUSINESS EMERGED ALONG EXPANDING
RAILROAD LINES
MEANWHILE, BUSINESSES NEEDED A GREAT DEAL
OF MONEY
TO RAISE MONEY, ENTREPRENEURS SOLD SHARES OF STOCK
THESE BUSINESSES WERE CALLED CORPORATIONS
PEOPLE WHO BOUGHT STOCKS BECAME PART
OWNERS
STOCKHOLDERS SHARE
IN A CORPORATION`S PROFITS
CARNEGIE STEEL COMPANY
ANDREW CARNEGIE
STANDARD OIL
JOHN D. ROCKEFELLER
THESE CORPORATIONS SOUGHT TO CONTROL EVERY ASPECT OF THEIR
INDUSTRIES
WORKERS EARNED LITTLE,
CORPORATIONS MADE FORTUNES
OBJECTIVE 2IDENTIFY THE EFFECTS OF INDUSTRIALIZATIONON THE REST OF THE WORLD.
INDUSTRIALIZATION EVENTUALLY REACHED
EUROPE
BELGIUM WAS FIRST
THEN GERMANY
POCKETS OF INDUSTRY EMERGED IN OTHER
REGIONS
BUT MANY COUNTRIES DID NOT
INDUSTRIALIZE
GEOGRAPHY WOULD
NOT ALLOW IT
WHAT WAS THE IMPACT OF
INDUSTRIALIZATION?
THE INDUSTRIAL REVOLUTION SHIFTED WORLD BALANCE OF
POWER
WIDENED GAP BETWEEN INDUSTRIALIZED +
NON-INDUSTRIALIZED
INDUSTRIALIZED COUNTRIES NEEDED STEADY SUPPLY OF NATURAL
RESOURCES
THEY TURNED TO LESS-DEVELOPED
COUNTRIES
LED TO IMPERIALISM
SEIZING COLONIES FOR THEIR ECONOMIC
RESOURCES
IMPERIALISM BORN OUT OF CYLCE OF
INDUSTRIALIZATION
DEVELOPING COUNTRIES ALSO PROVIDED
NEW MARKET