Industry, Urban Life, & Manufacturing a New World Economy

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11 Terms

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From Early Modern to Modern Era (ca. 1750)

  • Legacies of Atlantic Revolutions and the push for deeper, more inclusive visions of equality.

  • Industrialization and its impact on the manufacture and distribution of goods, as well as the reallocation of global wealth and power.

  • The significant role of colonialism, slavery, and the slave trade.

  • Industrialization begins in this distinctive period of global history.

  • Shift into the modern age in the West.

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Slave Trade and Industrial Growth

  • The slave trade generated a significant proportion of the capital invested in industrialization.

  • 1761-1780: Africans produced 8.3% of the value of export commodities in the Western Hemisphere.

  • Slavery and empire provided capital, raw materials, and markets.

  • Produced goods like sugar, coffee, and tobacco, which helped Western nations invest in new innovations.

  • Innovations were enabled by the wealth generated from the colonies.

  • This wealth was continuously accumulated.

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Context of South & East Asia in Expanding Global Economies

  • One of the world’s wealthiest empires.

  • A strong, centralized state at the center of a global market for goods.

  • Ca. 1600: Allowed Dutch and English merchants to dock at Indian ports.

  • The beginning of commercial entanglements and eventual colonization.

  • Opium: A drug extracted from poppies, used as a painkiller (morphine, codeine, heroin). Primarily farmed in India by the British.

  • Desire to access more trade spheres.

  • Early 16th century: Mughal empowerment led to Dutch and English access at Indian ports, forming commercial networks.

  • England’s East India Company (1600): Became a major trade power, establishing monopolies over communities and trade goods, and bringing wealth to Britain.

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Qing China (1644-1911)

  • Shift from the Ming to Qing Dynasty.

  • Trade and commerce flourished, leading to population growth (160 million in 1700 to 350 million in 1800).

  • Early regulation of maritime trade with Europeans.

  • Violent internal struggles and invasion by the Manchus led to the fall of the Ming dynasty.

  • Qing approach: careful restriction of European trade to maintain self-sufficiency.

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Opium Wars (1839-1842 & 1856-1860):

  • The Qing Dynasty succumbed to British commercial and military aggression.

  • Treaty of Nanjing, 1842.

  • Britain exploited opium demand in China to gain access to Chinese markets and goods.

  • East India Company monopolized opium exports from India, fueling trade imbalances.

  • Britain acquired Hong Kong and direct trade rights with China through five ports.

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19th-Century Europe: Overview of Economic Trends

Economic Production: Industrialization

  • Transition from agriculture to industry.

  • Rapid development from small businesses to larger corporations.

  • Modern capitalism redefined work, life, and wealth.

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Industrialization

  • Economic transformations in the 19th century affected society, work, family life, gender roles, politics, labor movements, and social psychology.

  • Patterns of industrialization emerged in Britain, France, and Germany.

    • Began with new agricultural methods, textile factories, and steam-powered manufacturing.

    • Introduction of the steam engine and the railroad.

    • The mechanization of labor contributed to urbanization.

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Urban Social Hierarchy: 19th Century

Rise of the Middle Classes

  • Middle-class life expanded, ushering in the “bourgeois century”.

  • Increased demands for social and political representation.

  • Gendered division of labor: Emergence of “Separate Spheres.”

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The World of Work

Industrial, unskilled, and child labor:

  • Poorly paid, dangerous factory conditions, and the "deskilling" of work.

  • Rise of labor movements and eventually unions.

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British and Opium: The Story of China

  • By the mid-1700s, the British established a global trading network in India.

  • China had high demand for tea, making it a crucial trade item.

  • China’s self-sufficiency limited European trade.

  • By the 1790s, opium trade with China began increasing.

  • The East India Company profited by creating a triangular trade involving Indian opium and Chinese tea.

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Opium Wars

  • The East India Company smuggled opium into China despite public outrage.

  • Opium addiction became a social crisis in China.

  • Chinese authorities destroyed British opium stocks, leading to military conflict.

  • The British outgunned Chinese forces, leading to the Unequal Treaties.

  • The treaties forced China to cede territory, open ports, and pay damages in silver.