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Workers are reduced to wage earners (free labor). Skilled artisans become obsolete. Seasons are replaced by hours Luddites protest early machines/factories.
Working Conditions
Sabot = sabotage
France
Revolution slowed industrialization Napoleon helped by abolishing internal trade barriers and guilds Specialized in textiles, metallurgy and railroads
Germany
Bismarck favored heavy industry Huge conglomerate businesses like Krupp form
United States
Both capital and specialists come from Europe Specialize in iron, textiles (cotton), steamships and railroads
Industrial Capitalism
Mass Production
Standardization causes falling prices
Interchangeable parts: Eli Whitney (guns) Subdivision of Labor: Henry Fords conveyor system (a car every 90 minutes)
Big Business
Joint Stock Companies Corporation
Many investors with limited liability Banks grow to meet demand
Trusts:
Vertical Monopoly: controls all aspects of production, like Standard Oil that owned the oil from the well to the pump. Horizontal Monopoly: controls one aspect of production so all companies that deal with that aspect must pay their price, like DeBeers Diamonds
Cartels:
Companies that work together to fix prices
Industrial Society
Benefits: Inexpensive goods (washing machines, cars, clothingunderwear) Rising standard of living (food prices drop) Population growth (1000% in N. America)
Industrial Society
Demographic Transition
Shifting patterns of fertility and mortality
Fertility drops
Birth control Cost of raising children is high More children survive to adulthood
Industrial Society
Urbanization
Industrial nations become predominantly urban Sewers improve sanitation
Less disease like TB, cholera and typhus in areas with sewers
Industrial Society
Migration
Millions to North and South America Different reasons for migration
Political (Germans) Economic (Irish) Social (Jews, Catholic British)
Italians returned to Italy in large numbers Over 90% of Chinese return to China
Industrial Society
Family
Men
Gained status as wages increased Enjoyed reading books for leisure
Women
Worked less at home Middle class women show class by not working Middle class demand servants Careers limited to semi-professionals, give up work when married
Children
Must work to survive Sensational abuse 1840s Parliamentary laws begin to address abuse