Class Notes (808,753)
Canada (493,377)
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HIS109Y1 (520)


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University of Toronto St. George
Kenneth Bartlett

Capitalism, the middle class and the poor Samuel Smiles, Self Help 1859 Pope Pius IX, Syllabus of errors, 1864 - The role of capitalism and the role of industrialization within different groups of society - Industrialization shapes and changes Europe - Industrialization created new classes and large amounts of wealth - New cities, new means of transportation as a consequence new ideas - Europe -isms ideological boxes for everything - The vast majority realized that they were better off with industry - Industrialization at a large human cost society was not ready for change (health care, cities, etc.) - Industries capital intensive factories had to be built, raw materials, energy, moving of finished product continuous reinvestment, also labor intensive - Industrial failures were common - During the early revolution capital was the single most needed thing th - Last quarter of 19 century very rapid progress - Agriculture also benefited, particularly from the chemical innovations o Agricultural revolution spread around the world o Influx of grain from Americas, Canada, etc. - Peoples lives were changed in other ways o Pasteurization of dairy products - Manufacturing continued to expand o The sowing machine Prices of sewed cloth fell Fashion began in the 1850 for the masses o New mining procedures Deeper Better ventilation French coal production doubled, German tripled
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