Unformatted text preview: buying previously (either future products or the bringing expensive products to the masses) b. A change in where money is spent i. Less spent on food c. A change in the idea of what poverty and the lowest standard of living was i. In 1800 half lived on the margin of poverty ii. By 1900 30% lives on the margin of poverty iii. By 1950 5% 7. democracy is a luxury a. it’s easier to sustain 8. Marxism and facisim are both products of the industrial revolution c. Taking place over a long period of time and maybe is even continuing...
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- Fall '08
- Industrial Revolution, 5%, b. factory clothes, factory chemical industry, 1900 30%