Industrialization Spreads

Industrialization development in the USUnited States has resources

Natural and Labor

Samuel Slater builds a textile mill in USLowell, Massachusetts is a textile center by 1820

Manufacturing towns spring up across country

War of 1812 makes United States independentEnglish blockade U.S. to prevent foreign trade

U.S. had to use it’s own resourcesHad to develop it’s own industries

Clothing and shoemaking industries mechanize quickly

Young single women leave country to work in the cities

Britain wants to keep secrets of industrializationForbids engineers, mechanics, and

toolmakers from leaving

Industrialization development in the US (cont.)

US an agricultural economy until end of Civil War

Post Civil War technology boom

Cities like Chicago expandClose to railroad lines

Wealth of oil, coal, and IronNew inventions- light bulb and telephoneSwelling population of consumers

Railroads play big role in industrializationMove goods anywhere in the country

Small companies merge to form larger ones

The rise of corporationsStock- Limited ownership rights for a company

Sold to raise money

Corporations – companies owned by stockholdersShare in profits but not debt

Try to control as much of industry as possible

Industrialization in Continental EuropeFrench Revolution and Napoleonic wars

Cause inflation & interrupt communications

Begins in BelgiumBritish workers smuggle plans for machinery

Start their own companies

Leads to gap between Europe and Britain

Industrialization in Continental Europe (Cont.)Germany

Politically dividedEconomically isolatedScattered resourcesIndustrialization and railroads change this

By 19th century becomes an industrial and military giant

FranceIndustrialization more measuredBalance between industry and agriculture

Impact of IndustrializationRise of global inequality

Industrial nations get richer

Non-industrialized ones fall further behind

Industrial nations exploit colonies for resourcesEurope, US and Japan

Imperialism rises

Transformation of societyEurope and US become economic powersAfrica and Asia lag behind

Economy based on agriculture and crafts

Rise of middle class encourages social reformDemocracy

LessonReinforcement

SB Pg. 296

Pg 294 #3-8