The Growth of Industrial Prosperity
X
Introduction
The Growth of Industrial Prosperity
The Big Idea
The Main Idea
Industrialization by 1870
Industrialization by 1914
Steel, Chemiicals, Petroleum & Electricity
Bell
Assembly Line
New World Economy
Working Conditions
Rise of Socialism
Communist Manifesto
Trade Unions
Slide 13
Topsy the Elephant
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European
countries
and
the
United
States?
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The
Growth
of
Industrial
Prosperity
The
BIG
Idea
New
Technologies
Industrialization
led
to
dramatic
increases
in
productivity
and
to
new
political
theories
and
social
movements.
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The
Second
Industrial
Revolution
In
Western
Europe,
the
introduction
of
electricity,
chemicals,
and
petroleum
triggered
the
Second
Industrial
Revolution,
and
a
world
economy
began
to
develop.
MainIdea
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on.jpg
petroleum,
and
electricity.
Electricity
was
a
new
form
of
energy
that
gave
way
to
many
new
inventions.
In
the
United
States
Thomas
Edison
created
the
light
bulb,
and
homes,
businesses,
and
factories
used
the
affordable
resource
for
convenience
and
productivity.
The
Second
Industrial
Revolution
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tent/uploads/2011/06/edison_light_bulb.jpg
Alexander
Graham
Bell,
inventor
of
the
telephone,
and
radio
pioneer
Guglielmo
Marconi
sparked
a
revolution
in
communications.
The
internal-combustion
engine
revolutionized
transportation
with
the
automobile,
while
the
airplane
made
its
appearance
as
well.
The
Second
Industrial
Revolution
(cont.)
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/uploads/2011/04/Alexander-Graham-Bell.jpg
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s-stretched-canvas/black/14.00/11.00/break/images-medium/wright-brothers-first-flight-randy-stee
le.jpg
Prices
for
produced
goods
decreased
as
a
result
of
lower
production
and
transportation
costs.
The
assembly
line
allowed
for
more
efficient
mass
production
of
goods.
The
Second
Industrial
Revolution
(cont.)
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rver?blobtable=MungoBlobs&blobcol=urldata&blobwhere=1214321401852&blobkey=id
By
1900,
a
true
world
economy
was
occurring.
Europe
dominated
this
global
economy
by
the
beginning
of
the
twentieth
century.
The
Second
Industrial
Revolution
(cont.)
http://www.webdesign-guru.co.uk/icon/wp-content/uploads/world-globe-europe-256.png
The
Working
Class
Industrialization
gave
some
a
higher
standard
of
living,
but
struggling
workers
turned
to
trade
unions
or
socialism
to
improve
their
lives.
MainIdea
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The
transition
to
an
industrialized
society
was
hard
on
the
workers,
who
often
worked
dangerous
jobs
for
poor
wages
and
lived
in
crowded
slums.
Some
reformers
of
the
capitalist
society
wanted
a
better
environment
for
the
working
class.
More
radical
reformers
wanted
to
abolish
capitalism
in
favor
of
socialism.
Many
socialist
ideas
were
based
on
the
theory
of
the
German
Karl
Marx.
The
Working
Class
(cont.)
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The
Communist
Manifesto
outlined
Marx’s
beliefs
that
industrial
capitalism
was
to
blame
for
the
problems
besetting
society.
Marx
believed
that
the
proletariat
would
violently
overthrow
the
bourgeoisie
and
establish
a
classless
society,
run
by
a
dictatorship
form
of
government.
The
Working
Class
(cont.)
http://sodeglo.files.wordpress.com/2009/10/communist-manifesto.jpg?w=540
In
many
European
nations,
working-class
leaders
formed
socialist
parties
based
on
Marx’s
ideas,
but
were
divided
on
their
goals.
Pure
Marxists
wanted
revolution
to
defeat
capitalism,
while
revisionists
argued
that
political
gains
were
the
key
to
change.
To
improve
their
conditions,
workers
organized
into
unions
for
better
working
conditions
and
used
strikes
as
their
bargaining
tool.
The
Working
Class
(cont.)
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e_Textile_Strike_1.jpg/300px-1912_Lawrence_Textile_Strike_1.jpg
ECONOMIC
CAUSES
AND
EFFECTS
of
the
Second
Industrial
Revolution
Steel,
chemicals,
electricity,
and
petroleum
led
a
new
wave
of
economic
growth
in
the
late
1800s.
The
introduction
of
assembly
lines
made
mass
production
of
goods
more
efficient.
Industrialization
raised
the
standard
of
living
for
many
people
in
Europe.
Harsh
conditions
caused
many
people
to
turn
to
socialism
and
trade
unions.
By
the
early
1900s,
Europe
dominated
the
world
economy.
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