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Global Effects of IndustrialRevolution
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Success
The industrial powers will use
their technology, tools, businessorganization, finances andtransportation networks to
spread industry to some pre-industrial societies.
Threshing and mud brick drying
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Russia
Rapid industrialization after 1870
Government sponsored industry tostrengthen society and allow resistance ofeconomic and military pressure fromEurope and the U.S.
Government demand for weaponsstrengthened industry.
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Trans-Siberian Railroad stimulates
mining and steel production and waseconomic link from Asia to Europe.
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Finance minister Sergei Witte reformed
commercial law, protected industry andpromoted technical schools.
Theodore Roosevelt with Russian delegates Sergei
Witte and Baron Rosen on the left and Baron
Komura and Ambassador Takahira on the right
http://4.bp.blogspot.com/_M4CGB53-fZM/S5p6gB-zs9I/AAAAAAAABTo/B7pvdc0RFgM/s1600-h/TR+with+delegates.jpg8/2/2019 Global Effects of Industrial Revolution Test
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Japan
Government hired foreign experts andmanagers to bring modern techniques toJapan.
Government sponsored schools andtechnical universities, railroads and mines,banking, weapons (armaments), silk and
glass Government then sold these industries to
private entrepreneurs who built personalempires called Zaibatsu (Similar to trustsand monopolies in U.S.)
Japanese Coal Production (metric tons)
1875 600,000
1885 1,200,000
1895 5,000,000
1905 13,000,0001913 21,300,000
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Zaibatsu
Mitsui family controlled banking, mining,farming and textiles
Sumitomo dominated copper mining, machineand coal industries, forestry, banking andwarehousing businesses
Mitsubishi started with trading and merchantshipping, then expanded into mining,shipbuilding, real estate, iron and steel,insurance, oil refining, and chemicals.
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South Manchurian Railroad . . .
symbol of Japanese power and industrialization
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India
Had a private jute industry formaking carpets, upholstery andbags.
Had a small steel industry. Government support and financing
was not available so no largeindustry developed and smallindustry would be destroyed bycompetition from European(British) goods.
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Jute
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Plantation Nations India, Egypt, in Latin America, South
East Asia & Africa Plantations were owned by foreign
investors so the money made flowedback to Europe and the United States
I wish I could
buy some new
underwear.
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A never-ending cycle of poverty
No investment is
made in local industry Low wages paid do
not stimulate markets
Also, mineral wealth,once exported is non-renewable
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European Settled Lands Canada, Argentina, Uruguay, South Africa,
Australia, New Zealand Early export economies are owned by local
colonists who invest the new wealth inlocal economy.
Wage economies rather than slaveeconomies create markets and encourageinnovation to increase profits.
Happy days in South Africa
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For the first time: the gap between the
rich and poor nations will not even itselfout over time and will be nearlyimpossible to bridge.
I i l Di i i
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International Division:
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International Division:The rich and the not rich Industrial nations need raw materials
and agricultural products like sugar,tea, tobacco, cotton, rubber and
minerals.
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International Division:The rich and the not rich Industrial nations desire to keep
non-industrial regions subordinate.
Industrial nations need markets for
their finished goods.
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