Industrial Revolution 3. What were the social effects of the Industrial Revolution? • Rapid industrialization • Created a new industrial middle class & industrial working class • Material benefits & new opportunities • Brought great hardships to factory workers & miners, esp. women & kids Urbanization • Growth of cities • Tenements – multilevel apartment buildings, no sewers or clean water supply; disease-ridden Labor Unions • Workers’ organizations • Illegal in Britain • Some organized anyway – led violent protests Friedrich Engels • Son of a wealthy factory owner • Author of The Condition of the Working Class in England in 1844 • His book outraged readers • Became the financial backer for Karl Marx 4. What new ideas about economics and society were fostered as a result of the Industrial Revolution? Thomas Malthus • Poverty was unavoidable because the population increased faster than food production • Thought poor families should have fewer children Adam Smith • Wrote Wealth of Nations in 1776 (capitalism) • Laissez-faire – idea that government should stay out of business; “handsoff”, “to let alone” • Argued that without government interference, the economy would thrive; guided by the “invisible hand” Socialism • Idea that government should own and control the means of production • Appealed to the poor • Stage between capitalism & communism (acc. to Marx) Robert Owen • Early socialist • Tried to develop utopian communities in Scotland & US – shared work and property • Successful mill owner • Refused to use child labor Karl Marx • German philosopher • Teamed with Engels to write The Communist Manifesto • History of class struggles (haves and have nots) • Bourgeoisie – “haves” • Proletariat – “have nots” Marx … • Predicted the workers of the world would unite (proletariat) & take control of factories, gov’t, etc. and set up a classless, communist society • Communism– means of production owned by community, no classes, no government 5. How did science, technology, and big business promote industrial growth? • New technology • Inventions • Power sources (steam engine, electricity) • Production methods (assembly line) • Business practices