Transcript Industrial Revolution th – th Centuries Textile Revolution Flying Shuttle Invented: England - 1733 Significance: Sped up the weaving process SPINNING JENNY Invented: England - 1764 Impact: FASTER but inferior thread WATER-POWERED LOOM Invented:

Industrial
Revolution
th
18
–
th
19
Centuries
Textile Revolution
Flying Shuttle
Invented: England - 1733
Significance: Sped up the weaving
process
SPINNING JENNY
Invented: England - 1764
Impact: FASTER but inferior thread
WATER-POWERED LOOM
Invented: England - 1784
Impact: Fabric-weaving was taken
out of homes & centralized near
water
Cotton Gin
Invented by: Eli Whitney in 1793 (In America)
Description: Allowed massive amounts of
cotton to be processed quickly
Impact: Textile industry moves entirely into
mills
NO more cottage
industries/domestic system
Steam engine & Internal
Combustion ENGINE
• Made it possible to exploit vast new
resources of energy stored in fossil fuels
– Coal and Oil
• “Fossil Fuels” revolution increased the
energy available to human societies
The Factory System
More, Faster, and Cheaper
• Whitney’s Interchangeable Parts
• Ford’s Assembly Line
What this means for people?
• Overworked
• Underpaid
• Put in Harm’s Way
• Child Labor
• Health Problems
What do they do
About it ?
The Second
Industrial Revolution
2nd Half of 19th Century
• Steel, Chemicals, Electricity & Precision
Machinery
• 1870-1914: Steel replaced iron
• Steel: Lighter, smaller, faster
machines, engines, railroads, etc.
• Electricity: Convertible into heat, light,
motion
Transportation and
Communication
TRANSPORTATION
• Railroads - 1880s
– Factories can be built AWAY from bodies of
water allowing for larger markets and
opened up new forms of investment
• Steamships – 1880s
– Transportation along canals, rivers, and
lakes made easier
• Canals
– Erie - 1825
– Suez Canal – 1859
– Panama Canal –
– French Try in 1880
Railway Development in Europe
1840
1850
9
Railway Development in Europe
1880
10
Communication
Telegraph (1837) - Samuel Morse
Telephone (1876) - Alexander Graham
Bell
Lightbulb (1879) – Thomas Edison
Radio (1890’s) – Marconi Gulielmo
Financial Institutions
Expanded
• Capitalism and Liberalism
• Financial instruments expanded
– Stock Markets
– Insurance
– Gold Standard
– Limited liability corporations
• Large Transnational Businesses
– The United Fruit Company
– Hong Kong and Shanghai Banking Corporation