Key concept 5.1
Industrialization significantly changed the way goods and others products were made around the world-- literally goods were now able to be globally transferred and produced in a very methodical process.
-Factors that led to the Industrial Revolution
- Developments of machines such as the Known as the Spinny Jenny,
-Factors that led to the Industrial Revolution
- The location of Europe in the Atlantic Ocean provided numerous harbors and docks were easily accessed by sea.
- The easy access to important raw materials such as Coal, and Iron. In which could be used to build and run the industrial machines.
- Urbanization was important to make industrialization successful. The machines and factories had to be made in a distinct area and many people moved there for job opportunities and places for business. It concentrated labor into a single location
- The abundance of rivers and canals were important in the success of the access to other resources and trade.
- Developments of machines such as the Known as the Spinny Jenny,
other significant inventions include:
-Methods of industrialization spread from Northwestern Europe to the U.S, Japan, and Russia.
-There is another revolution that took place in the second half of the nineteenth century, known as the “ second industrial revolution” which eventually led to new developments in the production of steel, chemicals, electricity, and more precise machines.
The Global Economy
-The need for more raw materials for factories increased which led to increased labor and specific areas that produced one single certain good on a massive scale.
-The Raw goods include
-As the world became more globally connected countries like France and Britain wanted open access to the isolated Chinese Markets. Opium War resulted in China being forced to finally open up their ports.
-The high demand for gold and silver led to an extensive amount of mining-- significantly in Mexico for Copper . And gold and diamonds in South Africa.
New Industrial Change Effects
-With new economic productivity came new Ideological theories and economic changes such as Capitalism ( Adam Smith) and Classical Liberalism (John Mill)
- Financial instruments expanded
- Developments that made long transportation possible along with Communication:
- the Flying shuttle ,which increased the weavers productivity by a substantial rate
- the combustion or steam engine gave way to new forms of energy reproduction. And led to the importance and high reliance on Fossil Fuels.
-Methods of industrialization spread from Northwestern Europe to the U.S, Japan, and Russia.
-There is another revolution that took place in the second half of the nineteenth century, known as the “ second industrial revolution” which eventually led to new developments in the production of steel, chemicals, electricity, and more precise machines.
The Global Economy
-The need for more raw materials for factories increased which led to increased labor and specific areas that produced one single certain good on a massive scale.
-The Raw goods include
- Cotton
- Rubber
- Palm Oil
- Sugar
- Guano.
-As the world became more globally connected countries like France and Britain wanted open access to the isolated Chinese Markets. Opium War resulted in China being forced to finally open up their ports.
-The high demand for gold and silver led to an extensive amount of mining-- significantly in Mexico for Copper . And gold and diamonds in South Africa.
New Industrial Change Effects
-With new economic productivity came new Ideological theories and economic changes such as Capitalism ( Adam Smith) and Classical Liberalism (John Mill)
- Financial instruments expanded
- Gold standard expanded along with Liabilities in companies. Everything became more concise and based on law.
- Important transnational businesses.
- The United Fruit Company
- The HSBC
- Developments that made long transportation possible along with Communication:
- Railroads
- Steamships
- Telegraphs
- Canals
However, Capitalism proved to also produced negative effects in response to the growth of Capitalism. While many workers had higher wages, and in some cases better working conditions although it was not the best for all.
Some governments such as the Qing China and Ottoman Empire did not want economic change and did not incorporate industrial labor.
In a some states countries promoted their own visions of how the economy should be:
- Positive reforms that are in place now
- Public health in Germany
- Expansion of suffrage
- Public education
- Middle class was made
- Demographic change
- Unsanitary conditions and Rapid Urbanization.
Some governments such as the Qing China and Ottoman Empire did not want economic change and did not incorporate industrial labor.
In a some states countries promoted their own visions of how the economy should be:
- The Meiji Japan
- Tsarist factories and and Railroads in Russia. Russia sponsored it’s own mass production of cheap textiles.
- China’s Self-Strengthening movement to remodel itself after the west in industrial and its military while also maintaining old confucian values.
- Positive reforms that are in place now
- Public health in Germany
- Expansion of suffrage
- Public education
- Middle class was made
- Demographic change
- Unsanitary conditions and Rapid Urbanization.
"The Meiji Restoration and Modernization | Asia for Educators | Columbia University." The Meiji Restoration and Modernization | Asia for Educators | Columbia University. Columbia University, n.d. Web. 27 Apr. 2015.
Kladderadatsch Caricature. Digital image. Wikipedia. Wikimedia Foundation, n.d. Web. 27 Apr. 2015.
Empress of Australia. Digital image. Wikipedia. Wikimedia Foundation, n.d. Web. 27 Apr. 2015.
Spinning Jenny. Digital image. Wikipedia. N.p., n.d. Web. This is a citation for a picture.
Kladderadatsch Caricature. Digital image. Wikipedia. Wikimedia Foundation, n.d. Web. 27 Apr. 2015.
Empress of Australia. Digital image. Wikipedia. Wikimedia Foundation, n.d. Web. 27 Apr. 2015.
Spinning Jenny. Digital image. Wikipedia. N.p., n.d. Web. This is a citation for a picture.