lect may 11

lect may 11 - lectmay11 16:32 Todaysids Ironhorse Luddism...

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lect may 11 16:32 Today’s ids Iron horse Luddism Preservation Toward biodiversity Environmental response to the IR Music eine kleine, Mozart Iron horse Transportation revolution o How much could the world take,  o Symbol of 19 th  century IR o Epitomizes, tech, business, and GGS,  Rail roads were the first big business Went from horses, buggies and carts, to water transportation, stage  coaches, then to trains o First came to Britain then to US, were British invention Applied steam power technology Transatlantic transference Huge take off in continental Europe, and London Rail roads took delivery to new levels, rail roads made it far easier to  get from one place to another
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o Spawned spinoff industries Things like steel industries, before this industry was small Demanded standardization , same size rails etc,  Also spawned machine industry, precision engineering All based off precision machinery In 1850, Bessemer developed Bessemer process Machine could blow air into pig iron Much less carbon out of pig iron, result was metal that was harder,  didn’t rust, was stronger Better rails, wheels and locomotives, and bridges Steel mills burned vast quantities of coal, London and other British  cities had terrible air pollution as a result During civil war, switched from wood burning to coal burning London smog All the coal burning would combine, therefore there was terrible air  quality A killer smog that happened in the summer, the air was that bad First real growth period came in 1840s, because of RRs Because of the tremendous amount of money it took to operate and  finance these RRs The owners focused very largely on  profit maximization How much spending on labor, raw materials, expenses They were the first to develop finance accounting Hierarchal management  Had to do this because they had so many employees
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Had their own treasuries, finance dept,  In order to do that, they had to have better organization,
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This note was uploaded on 11/22/2010 for the course ENV S 3 taught by Professor Graves during the Spring '05 term at UCSB.

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lect may 11 - lectmay11 16:32 Todaysids Ironhorse Luddism...

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