Also the iron and textile industries benefited greatly with the revolution. Before the revolution, I had mentioned that manufacturing was done in private homes, the revolution expanded factories and then instead of making products at home which took several months, factories could produce a mass production. The Revolution also boosted the transportation, communication and banking systems. How did the Industrial revolution transform families? The industrial revolution improved the standard of living for some people; however it also made employment and living conditions for the poor and working classes very tough.
The USA started exporting and importing goods with other countries. So, to keep up with demand, we had to produce more, which led to factories and labor unions. Also, the Railway Act that President Lincoln signed helped spur the Industrial Revolution
During boom business gets confidence because more people are demanding for their products and this rise in production. They might do it by renting a factory or buying new equipments. More people are in
For example, the first cars were so expensive that only rich people could afford to buy them but cars became cheaper when Ford invented the moving assembly line and the work went faster. But there were also some bad effects of the advanced technology in the factory. The industrial workers became mere wage earners as the machinery was too expensive. Some worker had to face unemployment as the machines made the work faster than before and it required fewer workers at some point. This system made the working condition dangerous as many industrial workers face the possibility of fatal
The Skills of the Unskilled in the American Industrial Revolution By James Bessen* 2/02 Abstract: Were ordinary factory workers unskilled and was technology “de-skilling” during the Industrial Revolution? I measure foregone output to estimate the human capital investments in mule spinners and power loom tenders in ante-bellum Lowell. These investments rivaled those of craft apprentices. Although factory workers were unskilled in a sense, the implementation of this technology depended on the development of a labor force with substantial human capital. From 1834-55, firms made increasing investments in skill, allowing workers to tend more machines, thus raising labor productivity.
Chapter 30 Factory system: The factory system replaced both the putting out system and proto industrial factories and was the characteristic method of production in industrial economies. Many of the new machines being made were too large and expensive for household use and were required to be in a bigger building. Engineers and entrepreneurs began to make complicated machines for large scale production. The significance of the factory system was it brought together more workers doing specialized tasks than ever before. It created jobs for people who never used to be able to work in the factory setting because the workers were required to do one task instead of the whole job.
Entrepreneurs started to create new inventions that would speed up the process of spinning and weaving meaning more cotton could be produced and exported. Mills started to be built as entrepreneurs started to hire workers to work there. The new technology that was produced such as the Spinning Jenny or Water Frame allowed each worker to produce more at a lower cost. The new technology was only enabled by water power and later steam power, allowing the industrial revolution in Britain to evolve quickly. The building of canals, Turnpike roads and railways allowed raw material within Britain to be transported to where they needed to be quickly.
It also had a stable government, which allowed for the people to begin industrializing in the first place, harbors for trade, a very large population resulting in a very large workforce, and many water ways throughout the country to transport materials and products as well as to use for water power at mills. There are several reasons why the Industrial revolution started in the first place. One reason being that there was widespread resistance to disease in Europe as well as a reliable food supply, allowing for steady population growth, which in return created more demand for products, which in turn resulted in new ways of producing products more efficiently in response to demand. As a result of Industrialization, a new economic philosophy arose. Capitalism called for the lack of government intervention in the economy.
What Ford dreamed of was not merely increased capacity but complete self-sufficiency. World War I, with its shortages and price increases, demonstrated for him the need to control raw materials; slow-moving suppliers convinced him that he should make his own parts. Wheels, tires, upholstery, and various accessories were purchased from other companies around Detroit. As Ford production increased, these smaller operations had to speed their output; most of them had to install their own assembly lines. It became impossible to coordinate production and shipment so that each product would arrive at the right place and at the right time.
It made it more apparent that heavy industries, factories and coal mining were becoming more and more important. As stated above the railroads made the trade of goods, coal and steel easier which lead to the growth of steel production as well as the growth of large corporations in the oil, sugar and meat industries. With the arrival of new machine driven factories, the need for skilled workers was dramatically reduce, creating more opportunities for unskilled workers. These laborors were hired to clear lands, build and repair tracks and build the trains needed to supply the new demands. With the promise of learning a trade and becoming more wealthy a new class of people was appearing in the cities, the middle class.