1. Industrialization Spreads

2. United States Has similar resources to Great Britain
War of 1812 forced US to build industries
Starts in the textile industry (fabrics, etc).
Even though Britain forbids talk to the US about factories, Samuel Slater goes to the US and builds a spinning jenny from memory.
From there it takes off and many businessmen use the machine to industrialized the US.

3. US Industrialization
Young women leave rural (Farms) areas to go work in factories
Closely watched
12hrs a day, 6 days a week, decent wages
Sometimes better than being a servant, often only work open for them.
Factories are prosperous in the Northeast.

4. Expansion of Industry Railroads
Connects the nation & allows cities like Chicago and Minneapolis to expand rapidly.
Towns pop up along railroad lines

5. Rise of Corporations Stock Corporation Certain rights of ownership
A business owned by stockholders who share in its profits but are not personally responsible for its debts
Can raise large amounts of money to invest in industrial equipment

6. Corporations Standard Oil
John D. Rockefeller
Seek to control every aspect of industry in order to make big profits $$
Big Business
Giant corporations that controlled entire industries
Can make profits by lowering prices too..

7. Continental Europe Industrializes
Other European countries start to industrialize
Belgium adopts British tech. They have lots of coal, which helps
Germany also has lots of coal.
1835 the Germans start to copy the British.
They send their children to school in Britain
Build railroads
Helps it become an industrial and military giant

8. Continental Europe Industrializes
Bohemia develops a spinning industry
Spain processed more cotton than Belgium
Italy mechanizes textile industry
Factories in Russia
France grows after 1830, new French products created after 1850 when gov’t starts railroad building.
Austria-Hungary can’t industrialize because of mountains 

9. Impact of Industrialization
Wealth gap
Huge gap between the rich and poor emerges. Factory owner and businessmen have way more money than the workers.
Changes in society
Better standards of living
Longer life expectancies
More wealth
More Education
More democracies