AAS33B 01-03 Do - January 03, 2007 Do America, 1865-1900...

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January 03, 2007 Do America, 1865-1900 and American Democracy? Part I *Globalization -In terms of economic (Of or relating to the production, development, and management of material wealth, as of a country, household, or business enterprise) structure (America became a world power with a corporate-dominate economy) Industrialization -Fought because of different ideologies (slavery) -Factories (mass-production) [TV show – GlobeTrekkers – Hmongs slaughtered water buffalo] -Labor -> Wage -Tension between Federal government -> Local, State government Underlying this economic system is * Capitalism involves three components: Factories Capital (land, money, natural resources) – Profits? - Produce with less money, sell for more money Labor (depends on competitiveness- sports careers vs. professors) – Profits? - *“Cheap” – but want them to be docile, controllable, and abundant Market – Profit? - Continue to expand, because want to sell products if manufacturer How to make profits out of the three components and how do you expand your market? ^ Expand resources, less money on labor, maximize or change market
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This note was uploaded on 09/08/2010 for the course AAS 33B at San Jose State University .

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AAS33B 01-03 Do - January 03, 2007 Do America, 1865-1900...

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