allowed nations without coal to industrialize and compete with other nations
machines and factories could now be located anywhere and be powered from afar
ushered in a new way of life:
electricity/power was carried on unseen wires
efforts were reduced
lightbulb
telephone
radio waves
streetcars/subways
dynamo:
invented by Michael Faraday
machine that generates electricity
electric power replaces steam power
all modern electric transformers/generators/motors were based on the dynamo
electricity₂:
easily converted into other powers through machines
1870s - power generators developed
1881 - Britain opened the first power stations
1910 - electricity was created through water power
new power plants powered new factories in cities and eventually expanded to power people's homes and community shopping areas
Samuel Morse:
developed telegraph which revolutionized communication
1860s - underwater cable linked continents
telegraph lines carried pulses in Morse code and delivered code at the opposite end --> code would be deciphered and picked up/delivered to the recipient
Alexander Graham Bell:
invented the telephone
earpiece connected with wire and mouthpiece
callers got on with operator who connected call
phone lines were set up across the country
Guglielmo Marconi:
invented the first wireless radio
improved radio signal strength to cross continents
early radio broadcasted the news, music, tv-show-like audios
Thomas Edison:
inventions:
phonograph (record/playback sound)
light bulb
stock ticker
developed telegraph line that carried 4 signals at once
cities and factories used light bulbs --> open around the clock --> new lifestyle
cables run from dynamos to cities/factories to provide power
Henry Bessemer:
invented process which made iron into steel
steel is lighter, stronger, and more flexible than iron (perfect construction material)
countries began to measure success by how much steel they produced
steel:
used in production from arms/guns to buildings
1870 - Great Britain produced two times as much steel as Germany
1910 - Germany produced two times as much steel as Great Britain
the US later surpassed both in steel production
chemicals:
new ways of making soda (stuff in soap, paper, textile manufacturing) allowed Germany and France to surpass Great Britain in the production of alkalis
Germany dominated the dye market and made better film
Alfred Nobel:
created dynamite (considered safer than other explosives but has nitroglycerine and becomes unstable as it ages)
used in construction, demolition, and war (Nobel didn't intend for it to be used for violence)
Nobel earned a fortune and created the Nobel Peace Prize (award for humanitarian efforts)
internal combustion engine:
allowed people to generate power/electricity on the move
drove the need for oil
powered old and new transportation modes
led to the mass production of automobiles and the development of airplanes
revolutionized warfare
automobile:
Nicholas Otto - invented the gas combustion engine
Karl Benz - invented the first automobile (3-wheeled, Gottlieb Daimler later invented the 4-wheeled automobile)
Henry Ford - first use of assembly lines to mass-produce automobiles
Wright brothers:
had the first successful pilot-controlled airplane
only possible because of the combustion engine
air travel takes off in the 1920s
oversaturation and adaption:
foreign markets become oversaturated by European manufactured goods --> new focus for Europeans - to develop internal markets
since Europeans were the richest consumers, there was income to be made by selling consumer products --> mass marketing
national incomes soar, doubling and tripling incomes of top-tier industrial powers like Great Britain and Germany
advertising and new products:
most new advertising was aimed at the middle class
excessive/false ads
development of 'cult of domesticity:'
family values - men work, and women stay at home
new products aimed at making home life easier (aimed at women)
opening of department stores
mass marketing --> mass consumerism
eliminate competition:
governments wanted to protect domestic markets so they erected tariffs to slow down foreign competition and stimulate domestic markets
competition in domestic markets was eliminated through cartels (businesses work together to fix prices, set quotas, and organize industries, later became illegal)
banks were more likely to invest in businesses in nations where competition was limited and had stable markets (like Germany)
new way to assemble goods:
manufacturers use interchangeable parts (identical components that could be used in place of one another)
easier to put together, 1 person isn't efficient --> use of assembly line (workers add a specific part to each product as it passes them conveyor belt)
banks were willing to invest in businesses (especially German businesses) but wanted to get good returns on investments
factory sizes increased to house all parts of production for goods and cut costs by using more machines in production (required more money from banks --> greater profits)
Germany steams ahead:
Germany surged ahead of Great Britain because of their banking and business conditions, and they focused heavily on science and engineering in their schools which led to an educated, motivated, capable workforce
change to new methods of production led to a further oversaturation of markets which led to a depression
growing divide:
need to industrialize become more evident because industrialization brought a higher standard of living, decent transportation, healthcare, and educated people
specialization of labor reached a global state
those who didn't industrialize were relegated to providing goods and raw materials to industrialized nations
creation of economic zones of Europe
world dominance:
Europeans prospered from a global economy (nitrates from Chile, coffee/wool from Brazil, sugar from Java, iron ore from Algeria)
people in industrialized European nations had spare capital to invest --> invested in foreign markets (develop railroads, banking systems, hospitals, etc.)