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CH 20.1 The Growth of Industrial Prosperity

The document discusses the Second Industrial Revolution, highlighting the rapid growth of industries, urbanization, and the emergence of new technologies such as steel production, electricity, and the internal-combustion engine. It also addresses the rise of social movements, including Marxist socialism, and the formation of socialist political parties and trade unions in response to industrial capitalism. By the early 20th century, Europe dominated the world economy through industrialization and global trade expansion.

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0% found this document useful (0 votes)
19 views32 pages

CH 20.1 The Growth of Industrial Prosperity

The document discusses the Second Industrial Revolution, highlighting the rapid growth of industries, urbanization, and the emergence of new technologies such as steel production, electricity, and the internal-combustion engine. It also addresses the rise of social movements, including Marxist socialism, and the formation of socialist political parties and trade unions in response to industrial capitalism. By the early 20th century, Europe dominated the world economy through industrialization and global trade expansion.

Uploaded by

7rbh6ybnv8
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Ch 20-1 The Growth of Industrial Prosperity

The Second Industrial Revolution


Worship of Progress
• Westerners in the late 1800s
valued material growth.
– Rapid Growth of Industries
– Increased Consumer goods
– Increased Urbanization
– Increased conveniences in
transportation & daily lives
– New Social movements and rights
Rapid View of Progress 1870s-1910s
• People saw new
changes happening
all around them in
the late 1800s and
early 1900s.
• This era also called
the Progressive Era
– Since of Progress
New Products
• Steel: Replaced iron,
enabled lighter and faster
machinery, railways, and
ships.
– Production surged from
125,000 tons in 1860 to
32 million tons by 1913.
Bessemer
Process

 Bessemer-Kelly Process (1850s)


 Blow cold air through hot iron
 burns away impurities
 Andrew Carnegie – used Bessemer to create
large steel companies in US & Britain
Andrew Carnegie
Carnegie Steel
 Uses Bessemer process in steel
mills across Britain and United
States
 Steel Monopoly
Carnegie used vast wealth to found
Libraries in US & Europe

Philanthropy – giving money for public good


Midtown Carnegie Branch Library
• $50,000 donated by Carnegie: Completed 1901, Springfield, MO
• 2,509 Carnegie libraries built
Second Industrial Revolution

• Focused on:
– Steel production
–Chemicals
–Electricity
–Petroleum
New Products
• Flat Iron
• Steel Building,
New York

• Electricity •
1902
Steel

• Internal-Combustion Engine Frame


New Products
• Electricity: Versatile energy
source, transformed homes,
factories, and cities.
– Enabled inventions like the
light bulb, telephone, and
radio.
– Powered streetcars,
subways, and factory
machinery.
Thomas
Edison
Electric
Lights

Menlo Park, Edison’s Research and Develop Laboratory

Motion Picture Recorded Sound


New Products
• Alexander Graham Bell –
Telephone 1876

• Connecting the World


Street Cars / Trolleys
• San Francisco Cable Car
Mass Transportation
Commuter Trains
• Elevated Railway
Mass Transportation
Chicago – Elevated Trains
First Subways
• Used Steam power at first and
were vented to the streets above.
– Problem that tunnels filled with
smoke
• Transition to all electric subway
trains
– Commuter trains had to switch to
electric engines to enter New York
tunnels
• Drake’s Folly (finds oil)—1859 (PA)
• Petroleum - Uses
• Kerosene—lighting
• Gasoline—internal combustion engine
• Oil—machinery lubricant
• John D. Rockefeller:
– Standard Oil Company (1870)
– Trust (Monopoly)—consolidation over price wars John D. Rockefeller
• 1877: controlled 95% of all refineries in the
country
Cracking – Crude Oil
Oil Refinery
New Products
• Internal-Combustion Engine:
Revolutionized transportation.
– Led to the development of ocean
liners, airplanes, and
automobiles.
– First flight by Wright brothers in
1903; first regular passenger air
service in 1919.
First flight by Wright brothers in 1903
New Patterns
• Rapid industrial production growth
due to increased consumer
product sales.
• Higher worker wages and lower
transportation costs boosted
consumer buying power.
• Emergence of department stores
selling new consumer goods like
clocks and typewriters.
New Patterns
• Economic division in
Europe:
– Industrialized core (e.g.,
Great Britain, Germany)
with high standards of
living.
– Agricultural regions (e.g.,
southern Italy, Russia)
providing raw materials
for industrial nations.
Toward a World Economy
• Global trade expanded with beef,
wool, coffee, iron ore, and sugar
from various continents.
• European capital investments
abroad in railways, mines, power
plants, and banks.
• Europe dominated the world
economy by the early 20th century
through capital, industries, and
military might.
Organizing the Working Classes
• Marx’s Theory
• The Communist Manifesto
(1848) by Karl Marx and
Friedrich Engels.
– Blamed industrial capitalism
for poor factory conditions.
– Advocated for a new social
system: Marxist socialism or
communism.
Organizing the Working Classes
• Marx’s Theory
• Class Struggle: History of
oppressors (bourgeoisie) vs.
oppressed (proletariat).
– Predicted a proletarian
revolution overthrowing the
bourgeoisie.
– Aim: Establish a classless
society
Marx’s Theory
Bourgeoisie - the wealthy
capitalist class
• Industrialists
• Bankers
• Merchants

Proletariat – the
industrial working class
Organizing the Working Classes
Formation of socialist political parties based on Marx's ideas post-1870.

– German Social Democratic Party (SPD):

– Second International Trade Unions

– Labour Party (United Kingdom)

– French Workers' Party


Organizing the Working Classes
Formation of socialist political parties based on Marx's ideas post-1870.

• German Social Democratic


Party (SPD):
–Advocated for revolution
and parliamentary
participation.
–Grew to become Germany's
largest party by 1912.
Organizing the Working Classes
Formation of socialist political parties based on Marx's ideas post-1870.

• Second International
(1889): Association of
socialist groups worldwide.
– Divisions: Pure Marxists
(violent revolution) vs.
Revisionists (democratic
reforms).
Organizing the Working Classes
Formation of socialist political parties based on Marx's ideas post-1870.

• Trade Unions
• Right to Strike: Won by British unions
in the 1870s.
• Growth in union membership and
influence:
– 2 million British trade union members by
1900; 4 million by 1914.
• Progress in improving working and
living conditions across Europe.

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