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Industrialization Spreads (25.3 (USA began to industrialize just like…

- - - - The Northeast experienced much industrial
        growth in the early 1800s. They depended on primarily on agriculture until the civil war ended. They had an industrial boom. oil, coal, and iron; a burst of inventions, were made.
        
        entrepreneurs sold shares of stock.A corporation is a business owned by stockholders who share profits. Large amounts of capital were needed to invest.
        
        French Revolution and the Napoleonic wars between 1789 and 1815 had halted trade. Gap in Britain grows.
        
        Belgium starts making new machinery by, making mechanical equipment and steam engines.
        
        Germany's military improves due to the industrial revolution. Sent kids to Britain to learn how to manage the equipment. They also imported in the materials for Britain.
        
        France began in 1830 when they finally caught up. They began making railroads to help boost transportation. In the 1850s they remained focused on agriculture.
        
        Rise of Global Inequality- The higher manufacturing countries needed the materials from the poor countries to make their goods. Imperialism became a thing where countries started taking other people's land.
        
        Transformation of society-Between 1700 and 1900, revolutions in agriculture, production, transportation, and communication changed the lives of people in Western Europe and the United States. Industrialization revolutionized every aspect of society, from daily life to life expectancy. Despite hardships the life of people boosted.
        
        Railroads became more popular and more useful.
        
        John D. Rockefeller discovers standard oil and makes a business.
- - - - Rise of socialism
        
        These thinkers believed that wealthy people or the government must take action to improve peoples lives. Bentham introduced the philosophy of utilitarianism. Bentham wrote his most influential works in the late 1700s.According to Bentham’s
        theory, people should judge ideas, institutions, and actions on the basisof their util-ity, or usefulness. He argued that the government should try to promote the greatest good for the greatest number of people. A government policy was only useful if it promoted this goal. Bentham believed that in general the individual should be free to pursue his or her own advantage without interference from the state.
        
        In socialism, the factors of production are
        owned by the public and operate for the welfare of all. Socialists argued that the government should plan
        the economy rather than depend on free-market capitalism to do the job They argued that government control of factories, mines, railroads, and other key industries would end poverty and promote equality.
        
        Marxism Radical Socialism
        
        Karl Marx introduced the world to a radical type of socialism called Marxism.Marx believed that the capitalist system, which
        produced the Industrial Revolution, would eventually destroy itself.Marx called this final phase pure communism. Marx described communism as a form of complete socialism in which the means of production all land, mines,factories, railroads, and businesses would be owned by the people.Published in 1848, The Communist Manifesto produced few short-term results.
        Though widespread revolts shook Europe during 1848 and 1849, Europe’s leaders eventually put down the uprisings. Only after the turn of the centurydid the fiery Marxist pamphlet produce explosive results. In the 1900s, Marxism inspired revolutionaries such as Russia’s Lenin, China’s Mao Zedong, and Cuba’s Fidel Castro.
        
        Labor Unions and Reform Laws
        
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