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Industrial Revolution (1750-1850)
For thousands of years of civilization, most people lived and worked in small farming villages Hand made tools, simples lives By 1850, many country villages would grow into industrial towns & cities A period when rural societies in Europe & America became urban/industrial Farming, migration, population, energy (coal/steam engine), cotton gin (separated seeds from raw cotton)
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2.1 Innovation Boosts Growth
The IR began in the 1700s British textile industry 1st IR= coal, iron, & steam power 2nd IR=1850s, steel, oil, & & electricity
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First Factories Textile factories in Britain
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American Industry Grows
Civil War Make goods faster & more efficiently Gov’t encouraged immigration Demand for labor Natural Resources Coal mines Forests Iron ore Riverways
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Workforce Grows Population change Push & Pull factors
Europeans & Asians Push & Pull factors
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(Answer in complete sentences!)
Analyze the graph: Discuss with a partner then answer individually on a separate sheet of paper to be turned in: (Answer in complete sentences!) 1. What is this graph showing? 2. What does this tell you about changes in history? 3. What role did the IR play? 4. Do you see any problems that could come with this?
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Free Enterprise Encourages Rise of Entrepreneurship
1868,Horatio Alger Ragged Dick or Street Life in New York Rags to Riches “Ten dollars a week was to him a fortune… Indeed, he would have been glad, only the day before, to get a place at three dollars a week…Then he was to be advanced if he deserved it. It was indeed a bright prospect for a boy who, only a year before, could neither read nor write…”
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Free Enterprise Encourages Rise of Entrepreneurship
People who build and manage businesses or enterprises Invest time, $ Risk own livelihood Free Enterprise Freedom to run a business with minimal regulation Compete amongst themselves
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Laissez-Faire Policies
Gov’t encouraged Laissez-Faire Allow businesses to operate under minimal regulation Strong private property rights Provided predictability & security Lead to growth of industries Gov’t imposed protective tariffs
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Innovation Drives Economic Development
Entrepreneurship, competition & free enterprise Patents From fed. Gov’t, give you exclusive right to develop use & sell invention for a set period fo time
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Henry Bessemer Steel: lighter, harder & more durable than iron
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Communication Samuel F. B. Morse 1844 1865
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Communication Alexander Graham Bell 1876 Guglielmo Marconi 1890's
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Transportation
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Transportation Orville & Wilbur Wright American bicycle makers 1903
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Transportation
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27 country had delegates involved
1884 Standard Railway Time 27 country had delegates involved
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Electricity Thomas Edison, 1870s Menlo Park > 1,000 patents
Nikola Tesla
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South lags behind Dependence on one crop Boll weevil
Cash crops: cotton, tobacco During Civil War, Europeans found new suppliers Dependence on one crop Boll weevil
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