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industrialization
machines replacing human production and artisanal manufacturing
led to specialization and urbanization (people needed jobs)
cost of labor and goods decreased
industrial revolution
socioeconomic revolution across the world that included the development of machinery and technology
made possible in britain by abundance of natural resources/territories, political stability and incentivized production of ideas
led to overcrowded cities and many factories
agricultural revolution
the unprecedented increase in agricultural production in britain
advancements in agricultural techniques (crop rotation, selective breeding of livestock)
led to cheaper food prices and population growth
the enclosure movement
government attempt to tax landowners proportionally
drew property borders and created stone walls
government buys out small farms (land shrinks over time)
led to people moving to cities and urbanization
transportation revolution
development of railroads, steamships, and telegraph
made transportation and communication much easier
railroads priced at 1 cent/mile
global trade and wealth extraction increased
positive impacts
fostered technological advancements
increased standard of living for some
improved manufacturing methods
increased availability, variety, and affordability of goods
negative impacts
disparity between the have and have-nots
awful working conditions
rise of global inequality
communism
began with karl marx and the communist manifesto (calling for a violent revolution, overthrow of the bourgeois, and redistribute wealth until there is no purpose for money)
wanted no social classes or wealth disparity
resources distributed equally among society
urbanization
the growth of cities and movement of people into those cities looking for work
led to pollution, poverty, crime, disease, and housing shortages
bourgeoisie
middle class workers
skilled professionals, business tycoons, managers
have leisure time and suburbanization
proletariat
working class
factory and mine workers
poor working conditions and long hours
socialism
social system where government is involved in businesses for regulatory reasons
private companies become publicly owned by the people
wealth is distributed more evenly (not exactly) through taxation
private property still possible
reform
labor unions that demanded better hours/conditions/pay
collective bargaining (negotiations between workers and managers)
ex. striking
organized strikes to demand higher pay and better conditions
four waves of the industrial revolution
1: mechanical production and railroads
2: mass production and electrical power
3: automated production and electronics
4: ai and robotics
leisure
made possible by fixed hours and increased pay
income for consumption instead of necessity
rise of travel and sports
luddites
english weavers that attacked textile machinery
thought it undermined their employment and social status
fighting against industrial capitalism, not the actual machines