Industrial revolution intro

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Industrial revolution intro

  1. 1. The Industrial Revolution (W. Europe, U.S., Russia, & Japan) Late 18 th century through the 19 th century
  2. 2. <ul><li>“ 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 .” </li></ul>
  3. 3. Industrialization started in Great Britain, then spread to other parts of Western Europe, the U.S., Japan, & Russia in the 18 th century. <ul><li>Industrialization led to new patterns of production that changed how goods were made & consumed. </li></ul>
  4. 4. home to factory production
  5. 5. Machines using fossil fuel powered engines were used to increase production (replacing human, animal, and water power).
  6. 7. Textile Industry in Britain: where the industrial revolution began.
  7. 8. Factors leading to the rise of industrial production . . . <ul><li>Abundance of rivers & canals and access to coal, iron, & timber </li></ul><ul><li>Population increases and urbanization </li></ul><ul><li>Improved agricultural production </li></ul><ul><li>Legal protection of private property </li></ul><ul><li>Access to foreign resources </li></ul><ul><li>Accumulation of capital </li></ul>
  8. 9. <ul><li>Development of the factory system concentrated labor and led to an increasing degree of specialization of labor. </li></ul>
  9. 12. <ul><li>Developments in transportation and communication. </li></ul><ul><li>Railroads, Steamships </li></ul><ul><li>Canal networks </li></ul><ul><li>Telegraph </li></ul>
  10. 13. A 2nd industrial revolution led to new methods in producing steel, chemicals, electricity and precision machinery.
  11. 14. <ul><li>To meet the need for investments in all levels of industry, financiers developed various financial institutions. </li></ul>
  12. 15. The Bottom Line <ul><li>“ Industrialized” nations were able to make better stuff faster than anywhere else in the world. </li></ul><ul><li>Global trade changed as industrialists sought raw materials and new markets for factory goods. </li></ul>

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