Transcript Industrial Revolution Spreads

2 HOUR DELAY SCHEDULE
• Mod 1 10:05-10:32
• Mod 2 10:35-11:02
• Mod 3
11:05-11:32
• Mod 4
11:35-12:02
• Mod 5
12:05-12:32
• Mod 6
12:35-1:02
• Mod 7
1:05-1:31
• Mod 8
1:34-2:00
• Mod 9
2:03-2:29
REVIEW QUESTIONS
• Define Laissez-Faire
• No government intervention in economy unless FOP compromised
• Define invisible hand
• Supply and Demand will self-regulate the economy
• What kind of economy did Karl Marx advocate
• Command
• Define Bourgeoisie and Proletariat
• Bourgeoisie: upper class; Proletariat: lower class
• Who unified Germany?
• Otto von Bismarck
AGENDA
• Bellringer
• Review Questions
• Notes: Global spread of IR
INDUSTRIAL REVOLUTION
SPREADS
WHY DID IT START IN GREAT BRITAIN?
• Agrarian revolution (seed drill, crop rotation, enclosure)
led to more population
• More population means more demand for goods and
services
• Perfect mixture of the factors of production
• Land, labor, human capital, physical capital, financial capital
IMPACTS ON GREAT BRITAIN
• Urbanization
• Transition from cottage system to factory system
• New middle class
• New technology
BY MID 1800’S
• The industrial revolution will have spread to Germany and United States
• Germany:
• Now unified, strong
• Got ideas of IR because Otto bought lots of weapons produced by factories for
unification by blood and Iron
• To gain world power, Germany began industrializing too. They had lots of coal.
• United States:
• Also had perfect mix of FOP
• Got ideas of IR because GB was mother country for a long time
GLOBAL TECHNOLOGY BOOM
• Interchangeable parts: used in assembly lines, faster and less
costly
• Alexander Graham Bell: Telephone
• Thomas Edison: Electric light bulb
• Henry Ford: Mass produced automobile
• Orville and Wilbur Wright: Airplane
THOMAS EDISON
RISE OF CORPORATIONS
• New equipment and new technology is expensive
• To raise more money to invest in themselves,
businesses sold stock
• This made them corporations
• Corporation: Businesses owned by many investors
who own stock
SOCIETY GROWS
• Population rapidly grows
• Medical discoveries, farming methods
• Louis Pasteur: discovered germs
• Joseph Lister: antiseptics kill germs
CITIES GROW
TRANSPORTATION REVOLUTION
• Steam engine used in trains
• Railroad tracks laid throughout the country
• People can travel city to city for business or pleasure
INFERENCE….
• Now that population, technology, business, and cities are
booming…..
• What is going to happen?
• Remember what Malthus said?
SCARCITY
• Humans are now consuming vast amounts of resources
that are already scare
• Can you predict how GB, the United States, and Germany
will find more resources to feed their industrial machines?
IMPERIALISM
• Imperialism: The complete takeover of one
country by another seeking resources
EXIT TICKET
• Name two other places the industrial revolution spread to
• Germany, United States
• Identify two new technological ideas that occurred globally
• Telephone, light bulb, planes, car, interchangeable parts
• How did the ideas of the IR lead to a transportation revolution?
• Steam engine placed in trains, ease of traveling/selling
• How will industrialized countries find new resources?
• Imperialism