Industrial Revolution

1
Industrial Revolution

• Negative Changes
• A. Child labor
• B. Unsafe Working conditions
• C. Overpopulated cities (from thousands to
  millions.)

1. Unsanitary living conditions
a. Disease b. Rats, filth
c. Poor living conditions d. People
living in slums
2

• D. Environment
• 1. Depleting natural resources
• 2. Polluting water supply
• E. Growing gap between the rich and the poor

3

• II. Positive Changes
• A. Labor laws
• 1. Limiting working hours, age and safety
• B. Collective Bargaining
• 1. Labor unions
• a. Striking for improvements
• b. Better working conditions
• c. Better pay
• C. Growing Middle class
• 1. New wealth, better standard of living
• D. New Tax Revenue
• 1. Public education
• 2. Improved infrastructure (police,
  sanitation, etc.)

4
Capitalism

• Positives
• Adam Smith- laissez faire
• Privately owned business.
• Entrepreneurs are rewarded for their risks.
• Goods are improved, competition breeds better
  products at lower costs.
• Anyone can become rich!

Negatives Social Darwinism- survival of the
fittest used for society. Wealth of one built on
the backs of many. Gap between the rich and poor
grows wider.
5
Response to Capitalism
Socialism- the means of production (land,
capital, raw materials and factories) should be
owned and controlled by society. Communism-
Karl Marx Believed there is a constant struggle
between the haves and the have-nots.
Workingmen of all countries, unite. Workers
(proletariat) were the productive class. He
wanted the people to own everything, no private
property, no classes. The idea is that from
each according to his ability, to each according
to his need.
Wrote book, Communist Manifesto
6

• III. Capitalism vs. Socialism
• A. Adam Smith- Laissez Faire, Capitalism
• B. Karl Marx- Communism, Socialism
• 1. Constant struggle between rich and
  poor.
• 2. Haves Bourgeosie and Have Nots
  Proletariat
• 3. The proletarians have nothing to
  lose but their chains. They have a world to win.
  Workingmen of all countries, unite.
•