90 likes | 136 Views
What were the Effects of the Industrial Revolution?. Global History & Geography 10 th Grade Boys & Girls Br. Siraj January 5, 2020. Effects. Rise of Factory System Cottage Industry lost momentum and factories were built Water power was used to run the factories
E N D
What were the Effects of the Industrial Revolution? Global History & Geography 10th Grade Boys & Girls Br. Siraj January 5, 2020
Effects • Rise of Factory System • Cottage Industry lost momentum and factories were built • Water power was used to run the factories • Most Factories were built beside flowing rivers • People who most often did not know each other worked side by side
Laissez-faire Economics • Adam Smith promoted Laissez-Faire ideas in his book The Wealth of Nations • Rise of Big Businesses • New Technology required large amount of money to be invested • To raise money companies sold stocks or shares to investors • Shareholders allowed companies to expand and create corporations
Rise of New Social Classes • The Upper Class: very rich industrial and business families • Upper Middle Class: business people and professionals with high living standards • Lower Middle Class: professionals with lower income and office workers, shopkeepers, clerks • Lower Class: Factory Workers and Peasants
Urbanization • Rapid Growth of Cities and their population • Bad living conditions • No proper sewerage, sanitation, and garbage collection in the beginning • Diseases were widespread • Fire and crime • Bad Working Conditions • Long Work Hours • Women and Children worked for long hours • Hazardous Machines
Changing Social Roles • Men & Women’s Role in Middle Class Families started to change • Men worked in government and businesses & Women worked at home • Children had high standard of living and better chance of education • Lower class men, women, children, all worked for long hours • Improved Transportation • Roads and canals were built or improved • Railroads grew with steam locomotives • Steam engines powered ships in the sea
Rise of New Philosophies • Liberalism: strong belief in individual rights to liberty, equality and property • Conservatism: Set of beliefs held by powerful people – monarchs, nobles, church leaders • Thomas Malthus a conservative philosopher • Social Darwinism: Application of Darwin’s Survival of the Fittest by Natural Selection in Human society • According to this theory successful business people were successful because they were naturally more “fit” to succeed than others. • Gave rise to racism
Social Reformism: • Philosophers like Jeremy Bentham, & John Stuart Mill and Trade unions tried to change peoples live by bringing reform • Socialism: A philosophy that concentrates less on the interests of the individuals and more on the interests of society. • Utopian Socialism • Scientific Socialism (Marxism) • Class Struggle between the Bourgeoisie and the Proletariat • The Proletariat will take over