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Global Effects of Industrial Revolution Test

Apr 06, 2018

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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.jpg
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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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