Download presentation
Presentation is loading. Please wait.
1
The Industrial Revolution
Chapter 9
2
The Beginnings of Industrialization
9.1
3
Farming Planting Crop Rotation Livestock
4
Why? England has large amount of natural resources Expanding economy
Political stability Has all factors of production
5
Inventions Flying Shuttle Spinning Jenny Factories Cotton Gin
6
Transportation Steam Engine Improved water transportation
Improved roads Turnpikes Railways used for mines Improve transportation of materials
7
Industrialization Spreads
9.3
8
Industrialization in the United States
Britain did not want secrets to leave Young British man leaves Pawtucket Rhode Island - mass produce thread Boston mechanized every stage in the manufacture of cloth Thousands of girls flock to factories
9
Corporations Buildings require large amounts of money
Sold shares of stock Corporations business owned by stockholders
10
Impact of Industrialization
Global Inequality gap between industrialized & non industrialized countries Poor countries valued to natural resources Imperialism
11
Reforming the Industrial World
9.4
12
Philosophers Laissez Faire Adam Smith Law of self-interest
Law of competition Law of supply and demand Capitalism factors of production are privately owned and money is invested in business ventures to make a profit
13
Socialism Utilitarianism
actions on the basis of their utility or usefulness Utopian Socialism owned by public and for all Marxism Radical Socialism Communism - complete socialism
14
Labor Unions Unions voluntary labor associations Strike
Collective bargaining
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.