Industryjunk

Industryjunk - I ndustrial Society Conditions for...

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Industrial Society Conditions for industrialization Conditions in Britain Social Change Child Labor Industrialization in the US 19 th Century industrialization The Depression Post War Boom Deindustrialization The Global Economy Export Processing Zones (EPZs) Services Outsourcing Rostow’s Model of Industrialization
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Conditions for Industrialization Capital - for industrialization to take place you have to have a wealthy society. Innovation - there has to be innovation - or new products and particularly processes of production in which investment can take place. Entrepreneurs - You have to have a group of entrepreneurs or risk takers who can marry the capital to the innovation. Impetus - finally you require some kind of impetus or crisis to overcome the inertia of the existing economic system.
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Conditions for Industrialization in Britain By the 1750s Britain had: Capital - from colonial adventures. Innovation - the outgrowth of the renaissance and high levels of technical and university education. Entrepreneurs - again from the colonial experience - plenty of "new money" that was used to taking risks. Impetus - the deforestation of Britain led to a search for new sources of fuel - the discovery of the efficiency of the coal burning steam engine.
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Industrialization in the US Stage 1 – 1780s-1810s post independence – continued export of raw materials and import of manufactured goods from Britain Stage 2 – 1810s-1860s – War of 1812 – Trade embargo on British goods – beginning of us industrialization, textiles, iron production, armaments, furniture. Technology and skilled labor imported from Britain. New England and Mid Atlantic Stage 3 – 1860s-1910s – Civil War – war production means railways (transportation), textiles (uniforms and tents), food
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This note was uploaded on 04/11/2011 for the course GEOG 1123 taught by Professor Neely/turner during the Spring '08 term at Arkansas.

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Industryjunk - I ndustrial Society Conditions for...

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