The Growth of Industrial Prosperity

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“Age of Progress” 1871-1894
New products replaced textiles, railroads, iron,
coal
Steel
Chemicals
Electricity
Internal combustion engine
Europeans could spend more $ on consumer
products
Tariffs
Cartel
Larger factories  assembly line
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Rocky economy 18711895
La Belle Epoque 18951914
GR replaced BR as
industrial leader of
EU
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Two economic zones
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BR, BG, FR, NT, GR,
AUS, N. IT 
advanced
industrialized core
A-H, SP, PR, RS,
Balkans  weak
industry & economy
New patterns in
agriculture
Spread of IR  Japan
Development of
world economy
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Women’s “right to
work”?
Pieceworkers and
“sweating”
After 1870 new whitecollar jobs for women
Some women forced
in prostitution
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Many influenced by
Karl Marx
German Social
Democratic Party
(SPD)
Socialist parties
modeled after SPD in
other countries
Second International
 socialist
organization
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Eduard Bernstein 
evolutionary
socialism/revisionism
Many socialist parties
remained tied to
national
concerns/issues
Development of trade
unions
Some socialists driven
to anarchism
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