SOC101Y1 Chapter Notes -Industrial Revolution, Deindustrialization, Class Conflict
Document Summary
Canada still relies on immigrants to fuel its economy. Today, most work for wages or a salary in bureaucratic organizations. In 2/3 two-adult households, both partners are employed outside the home. In a labour force of just over 18 million individuals, workers are in the service sector. Industrialization refers to the technical aspects of the accumulation and processing of a society"s resources. Capitalism is a term used to describe key aspects of the economic and social organization of the productive enterprise. An industrial society is one in which inanimate sources of energy such as coal or electricity fuel a production system that uses technology to process raw materials. Today"s 21st century is a postindustrial society. The emergence of capitalism in europe consisted of two basic periods: mercantile or commercial capitalism, which began in the 1500s, and industrial capitalism, which evolved somewhat later. Most people still lived in the countryside.