1. The Industrial Revolution
(W. Europe, U.S., Russia, & Japan)
Late 18th century through the
19th century
2. “No movement in human history did
more than the Industrial Revolution to
change the way people live. It has
provided humanity with great benefits,
and at the same time, it has destroyed
people with its less fortunate
consequences.”
3. Industrialization started in Great Britain, then
spread to other parts of Western Europe, the
U.S., Japan, & Russia in the 18th century.
Industrialization led
to new patterns of
production that
changed how goods
were made &
consumed.
8. Factors leading to the rise of
industrial production . . .
Abundance of rivers & canals and access
to coal, iron, & timber
Population increases and urbanization
Improved agricultural production
Legal protection of private property
Access to foreign resources
Accumulation of capital
9. Development of the factory
system concentrated labor
and led to an increasing
degree of specialization of
labor.
13. A 2nd industrial revolution led to new
methods in producing
steel, chemicals, electricity and precision
machinery.
14. To meet the need
for investments in
all levels of
industry,
financiers
developed
various financial
institutions.
15. The Bottom Line
“Industrialized” nations were
able to make better stuff faster
than anywhere else in the world.
Global trade changed as
industrialists sought raw
materials and new markets for
factory goods.
16.
17. Some Continuities…
Patriarchy
Working classes remained in the lower classes
Long hours, low wages, and child labor for the
poor
Nobility retained their position in upper class
Land continued to be a source of wealth and
status
Agriculture continued to be an important part of
the economy, if not the basis of the economy.
