HIST 1312 Lecture 3: Industrialization Urbanization

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6 Feb 2017
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Industrialization Urbanization
Rapid Industrialization in the late 19th century
Industrialization
o 1860 U.S. 4th largest industrialized nation
o 1890 U.S. industrialized economy larger than all of Europe
combined.
Urbanization
o 1860 8% of U.S. lived in cities of 100,000 or more
o 1900 32% of U.S. lived in cities of 100,000 or more
o 1930 50% of U.S. lived in cities of 100,000 or more
Immigration
o 1860-1920 about 30 million Europeans cane to the U.S.
Western settlement
o Removing any people designated in reserved lands from gaining
any raw materials.
Rapid Industrialization
Raw Materials (mining out west)
Investment capital to finance growth
o Profits from the Civil War Ex: Private corporations that sell weapons gain
a huge amount of money from the government.
o Foreign Investors (British)
o Government Involvement Ex: not taxing the corporations in order for the
corporation to expand.
o Laissez-Faire economics? A theory that the government should
not be involve on taxing corporations in order to succeed
o Corporations the base layout to begin industrialization
Growing Labor Force
o Immigration, rural America, African Americans from the South
o Reorganize the manufacturing process (mass production)
o Movement from countryside to the city
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