Professional Documents
Culture Documents
Making of a Global
World
Social Presenation
Introduction Title of your presentation.
● The 19th century brought profound changes to the world, as economic, political, social,
cultural, and technological factors transformed societies and reshaped external relations.
● Three types of movement or ‘flows’ have been identified in international economic exchanges.
● The first is the flow of trade which in the nineteenth century referred largely to trade in goods
(e.g., cloth or wheat).
● The second is the flow of labor – the migration of people in search of employment.
● The third is the movement of capital for short-term or long-term investments over long
distances.
● Goods, capital, and labor flows were closely interwoven in the 19th century, affecting people's
lives deeply. Considering all three together helps us understand the global economy better.
A world economy takes shape
● Food production and consumption in industrial Europe have changed. Traditionally,
countries preferred self-sufficiency in food. However, 19th-century Britain's self-
sufficiency led to lower living standards and social conflict. This was because:
● Population growth in the late 18th century increased the demand for food in Britain.
Urban expansion and industry drove up demand for crops, pushing up prices. The
government restricted corn imports under pressure from landowners, known as the
'Corn Laws.
● The Corn Laws were abolished as industrialists were unhappy with high food prices,
allowing cheaper food imports into Britain. British agriculture couldn't compete,
leading to vast areas of uncultivated land and job losses. People had to migrate to cities
or overseas to find work.
● Falling food prices in Britain led to increased consumption. Industrial growth
in Britain boosted incomes and resulted in more food imports. To meet the
British demand, food production expanded worldwide in Europe, Russia,
America, and Australia.
● Merely clearing lands for agriculture was not enough. To link the agricultural
regions to the ports, railways were required. Additionally, new harbors had to
be constructed and old ones expanded to ship the new cargoes. To cultivate
the lands, settlers were needed, which meant building homes and settlements.
All of these activities needed capital and labor.
● Capital was supplied from financial hubs like London.
● The shortage of labor in places like America and Australia resulted in
increased migration.
● Nearly 50 million people emigrated from Europe to America and Australia in
the nineteenth century. All over the world, some 150 million are estimated to
have left their homes and crossed oceans and vast distances over land in
search of a better future.
● Before the 1870s, the process of shipping meat involved transporting live animals from
America to Europe, where they were then slaughtered. However, this process was
inefficient as live animals took up a lot of space on the ship and many of them died
during the voyage, fell ill, lost weight, or became unfit to eat. As a result, meat was
considered a luxury item that only the wealthy in Europe could afford. The high prices
of meat kept its demand and production low.
● This all changed with the development of a new technology - refrigerated ships. These
ships made it possible to transport perishable foods over long distances, making it
easier to ship meat from America to Europe. This led to a significant decrease in the
cost of meat and made it affordable for the European middle and working classes. The
increased demand for meat ultimately led to an increase in its production.
THE ROLE OF TECHNOLOGYY
● During the late 19th century, trade and markets grew rapidly, leading to increased
prosperity.
● However, it's crucial to acknowledge that there were negative consequences to this
progress.
● The expansion of trade and closer connections to the global economy in many parts of
the world resulted in the loss of freedoms and livelihoods.
● Moreover, European conquests during this period led to painful economic, social, and
ecological changes that affected the colonized societies and integrated them into the
global economy.
LATE 19TH CENTURY COLONIALISM
● After examining various factors that contributed to the formation of the world economy,
it is evident that Britain played a central role. The implementation of the Corn Law
facilitated the import of food, increasing income and ultimately fueling mass migration
in search of work.
● This led to the construction of new structures in Europe and India, including Punjab,
which not only improved food production but also enhanced the availability of raw
materials like cotton and rubber.
● Technological advancements such as refrigerated ships further increased economic
efficiency. However, the rapid economic growth triggered the onset of colonialism,
leading to loss of livelihood and freedom, particularly in Africa.
Thank You