1. Impacts of Industrialization

2. Percentage Distribution of the World's Manufacturing Production, 1870 and 1913 (percentage of world total) 18701913 USA23.335.8 Germany13.215.7 U.K.31.814.0 France10.36.4 Russia3.75.5 Italy2.42.7 Canada1.02.3 Belgium2.92.1 Sweden0.41.0 Japan1.2 India11.01.1 Other Countries12.2

3. Rural and Urban Populations

4. Employment of Workers/Real Wages

5. Real Annual Wages 1820-1940

12. Social Impacts Social Darwinism—based on natural selection (strong will survive) Economy—Strongest businesses will succeed and weakest businesses will naturally fail (natural law). No government intervention like the Sherman Antitrust Act and Interstate Commerce Act Society—Justified wealth and rationalized poverty (rich=strong, poor=weak/lazy) Horatio Alger

13. Robber Barons a.Negative view of “captains of industry.” Robber barons made millions, while workers made little and competition was destroyed. b.To try to change this view, Carnegie, Rockefeller, and Morgan made large contributions to various charities. c.Carnegie—Wealth and Its Uses

14. Education More opportunities became available Government required schooling Reduction in child labor More higher education opportunities too

15. Leisure Time Middle class develops More disposable income Amusement parks, baseball, movies, etc.