Industrialization Spreads 7.3 Industrialization Spreads
America Begins to Industrialize British blockade during War of 1812 forces U.S. to become self-sufficient Textile industry first to industrialize Britain forbids engineers, mechanics, & toolmakers to leave the country Some sneak out and begin life in U.S.
America Begins to Industrialize Women leave rural towns to work in factories Higher wages & gain independence Watched closely to ensure proper behavior Railroads expand industrialization through out U.S.
Business Changes Corporation = business owned by stockholders Monopolies form Andrew Carnegie (steel) John D. Rockefeller (oil) J.P. Morgan (bought failing companies)
International Impact Industrialization increases need for raw materials Non-industrialized countries were not viewed as equal Need for raw materials encourages colonization & imperialism Asia & Africa still based in agriculture