Professional Documents
Culture Documents
revolution part 2
Social Impact & the Second Industrial Revolution
Where we left off…
Spread of
industrialism
• Britain 1st to industrialize
• Rapid pollution:
• Air
• Open sewage
• Garbage
• Sharp increase in
depression, suicide, insanity
Class structure
• Rise of middle class!
• Upper class=aristocracy,
those with lots of money
• No unemployment or
disability
Discussion Question
• Entrepreneur:
• A person interested in finding
new business opportunities
and new ways to make profits.
• Entrepreneur’s invested
money into new businesses/
inventions of Ind. Rev. –They
helped it grow!
Capitalist thinkers
• Adam Smith-Wealth of
Nations
• Laissez-faire=govt. keeps
hands off of business
• Invisible hand=supply and
demand will regulate
industry and business.
• Father of modern capitalism
• David Ricardo-Essay on
Iron Wages
• Iron Law of Wages
socialism
• Socialism:
• A system in which society, usually
in the form of the government,
owns and controls the means of
production.
• Other Reforms
• Improve living conditions
• Labor unions become legal
• Govt. creates welfare workhouses
for poor.
Discussion Question
• Increases efficiency
• Steel
• Railroads, skyscrapers,
bridges, trolleys
• Dynamite
• Trans-Atlantic telegraph
cable-1860’s
• Telephone-1876
• Radio-1890’s
• Cities improved
• New roads, sewer systems,
water systems.