Chapter 9 Section 3 Industrialization Spreads Objective: Trace the spread of industrialization...
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Transcript of Chapter 9 Section 3 Industrialization Spreads Objective: Trace the spread of industrialization...
Chapter 9 Section 3Industrialization SpreadsObjective: Trace the spread of industrialization through Europe & the United States.
Vocabulary: Stock & Corporation
Setting the Stage• Great Britain’s favorable
geography & its financial systems, political stability, & natural resources sparked industrialization
• Eventually, the Industrial Revolution that began in Britain spread to both the United States & to continental Europe
• Countries that had similar conditions to Britain prospered during industrialization
Industrial Development in the United States• America had fast-
flowing rivers, rich deposits of coal & iron, & a supply of laborers made up of farms workers & immigrants
• During the War of 1812, Britain, blocked the United States from trading international
• The United States had to develop independent industries to produce products they could no longer import
Industrialization in the United States• Samuel Slater emigrated to
the United States built a spinning machine from memory
• Moses Brown opened the first factory in the United States however it only made one part of the finished product
• Textiles led the way in industrialization in the United States
• Factories popped up in Waltham, Lowell, & Lawrence, Massachusetts
Later Expansion of U.S. Industry• During the late 1800s, the
United States experienced a technological boom
• Along with their natural resources, a burst of inventions (electric light bulb & telephone) boosted the Industrial Revolution
• Chicago & Minneapolis expanded during the 1800s because of the expansion of railroad lines
• Businesses of all kinds began to merge together to form larger companies
The Rise of Corporations• Larger businesses required a
great deal of money• Entrepreneurs sold shares of
stock (certain right of ownership)
• People who bought stocks were part owners of those companies
• A corporation is a business owned by stockholders who share in its profits but are not personally responsible for its debt
• Giant corporations made big profits by reducing the cost of producing goods
Continental Europe Industrializes•French Revolution &
Napoleonic wars between 1789 – 1815 halted trade, interrupted communication, & caused inflation in some parts of the continent
•European countries watched the gap widen between themselves & Britain
•However, industrialization eventually reached continental Europe
Beginnings in Belgium• Belgium led Europe in
adopting Britain’s new technology
• William Cockerill illegally made his way to Belgium in 1799, carrying secret plans for building spinning machines
• His son, John, built an enormous industrial enterprise
• Belgium produced a variety of mechanical equipment
Germany Industrializes• Economic isolation &
scattered resources hampered countryside industrialization in Germany
• Germany began to copy the British model & sent their children to England to learn industrial management
• Germany built railroads that linked its growing manufacturing cities
• Germany’s economic strength spurred its ability to develop as a military power
Expansion Elsewhere in Europe• In the rest of Europe,
industrialization during the early 1800s proceeded by region rather than by country
• In France, industrialization was controlled & as a result they didn’t have the social/economic problems caused by industrialization
• For a variety of other reasons, many European countries did not industrialize
The Impact of Industrialization•The Industrial Revolution
shifted the world balance of power
•Industrialization widened the wealth gap between industrialized & non-industrialized countries
•Industrialized countries viewed poor countries as markets for their manufactured products
Transformation of Society• Between 1700 & 1900,
revolutions in agriculture, production, transportation, & communication changed the lives of people around the world
• Industrialization revolutionized every aspect of society from daily life to life expectancy
• Despite the hardships early urban workers suffered, population, health, & wealth eventually rose dramatically in all industrialized countries