HIST 1F96 Lecture Notes - Lecture 5: Mass Production, Carnegie Steel Company, Industrial Revolution
Document Summary
Also helped the new immigration because it required a mast labour force (factories, mines, etc. ) Industrialization had a major impact on the way people lived and worked; gave rise to a new class structure. Produced economic inequality and in turn led to conflict between classes. The railroad increased demand for coal, iron, timber, oil for the railroad companies. Railroads were major employers: new technology emerged in this time (electricity, telephones, sewing machines, etc. , national market: now trade across the nation (railways helped, urbanization, mass production. The canadian case: pre-1840"s, canadian economy was based on natural resources (timber, grain, etc. ) In the 1840"s, british leaders decided to open world trade (not just colonies) In response, canadians began to think about trade within canada (needed transportation: canals and railroads were built. Industrialization happened later, much more slowly and on a smaller scale. New areas: accounting, marketing, advertising, public relations, personnel management. Need to create these people caused a demand for well-educated people.