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Industrial Revolution (Inventions Made (Trains (Companies could ship the…
Industrial Revolution
Inventions Made
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Trains
Companies could ship the products they made to new buyers. Food could be brought from farms to the cities before it spoiled. People could visit relatives and friends or travel safely for business.
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Electric lights
However, when light bulbs were put in factories, factory owners began to require their workers to work longer hours, often long into the night and early in the morning.
Telegraphs
The telegraph revolutionized communication for the people of the US. With the telegraph, a message could be sent in a matter of minutes for short distances and hours for the longest ones.
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Cotton Gin
It also increased the production of cotton which provided an easy natural resource for the cloth industry. Soon more thread and cloth factories were built to keep up with the available cotton.
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Child Labor
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The working class was harmed because they were not permitted good working and living conditions, this was because some lived in the cold dark corners of the city
The winners were the middle and upper class, because of factories the wealth goes up, they would become rich because of this money flow.
Government Systems
Socialism
Upper class get the benefits and wealth, but working class get some public benefits suffer more than upper. Lower does the work, Upper gets the wealth, some wealth is used for public Benefits
Communism
Everyone benefits and suffers, and receive equal pay, working class does the work. Upper have to do less work so they like this one.
Capitalism
The Upper class get the benefits and wealth, working class suffers, Upperclass gets all the money. Lower does the work. Upper likes this one
Who is
Adam smith
Wealth of nations
Created the Laws of Self interest, Competition, and supply and demand
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