The Growth of Industrial Prosperity

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Transcript The Growth of Industrial Prosperity

          “Age of Progress” 1871-1894 New products replaced textiles, railroads, iron, coal Steel Chemicals Electricity Internal combustion engine Europeans could spend more $ on consumer products Tariffs Cartel Larger factories  assembly line

   Rocky economy 1871 1895 La Belle Epoque 1895 1914 GR replaced BR as industrial leader of EU

    Two economic zones  BR, BG, FR, NT, GR, AUS, N. IT  advanced industrialized core  A-H, SP, PR, RS, Balkans  weak industry & economy New patterns in agriculture Spread of IR  Japan Development of world economy

    Women’s “right to work”? Pieceworkers and “sweating” After 1870 new white collar jobs for women Some women forced in prostitution

    Many influenced by Karl Marx German Social Democratic Party (SPD) Socialist parties modeled after SPD in other countries Second International  socialist organization

    Eduard Bernstein  evolutionary socialism/revisionism Many socialist parties remained tied to national concerns/issues Development of trade unions Some socialists driven to anarchism