Here we go again!. 1. Let’s break it down: 2. Industrial comes from the word “industry” which means the organized action of making goods and services.

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Presentation transcript:

Here we go again!

1. Let’s break it down: 2. Industrial comes from the word “industry” which means the organized action of making goods and services for sale. 3. Revolution means something that significantly changes. 4. We put the two together to get “Industrial Revolution” which was a time when making goods and new technology increased heavily. The United States switched from a farming society to an industrial society. 5. The First Industrial Revolution took place in the early parts of the 1800s. 6. The Second Industrial Revolution took place in the late 1800s into the early 1900s. 7. Today we are going to focus on the Second Industrial Revolution.

1. The Civil War had slowed the making of goods and services for citizens since the country was at war. 2. After the war, we learned that the country expanded and grew. 3. The Second Industrial Revolution played a large part in this!

1. In order for a society to convert to an industrial society, it must have: a. Natural resources b. An infrastructure c. A large working force d. Lots of money to invest e. Entrepreneurs f. Breakthroughs 2. Let’s explain all of these things!

1. These things are natural things that have not been produced. 2. Some examples of natural resources include fertile soil, coal and iron ore. 3. These resources help create things like food to feed people and steel to build railroads and buildings.

1. Like we have discussed before, an infrastructure is a type of transportation system that connects a country together. 2. This helps transport people and supplies at a faster rate. 3. More people can travel and more things can be built with a large and fast infrastructure.

1. A large working force is needed for an industrial society. 2. Large numbers of men and women need to be able to work to produce goods and services. 3. This helps the country grow and expand.

1. First: Without money nothing can be built or created. Everything has a price. 2. Investing money means to put money towards something in hopes to receive a profit. 3. For example: I invest $1,000 to build a candy store and 5 years later I earn $10,000 from the profit earned. 4. During the Industrial Revolution there was a lot of money to be invested by entrepreneurs.

1. Ever hear of Bill Gates? Steve Jobs? Mark Zuckerburg? They are all entrepreneurs. 2. An entrepreneur is someone who organizes and builds a business. Sometimes with a lot of risk of failing. 3. Bill Gates created Microsoft. Steve Jobs created Apple and Mark Zuckerburg created Facebook. 4. Entrepreneurs are an essential part of the puzzle! 5. We will learn about entrepreneurs in another lesson.

1. America found ways to produce goods and services cheaper and faster using new technology. 2. These technological advances were called breakthroughs that helped the nation grow. 3. We will learn about all these breakthroughs in another lesson.

1. The Second Industrial Revolution boomed in large part because the government would leave businesses unregulated meaning they would stay out of it. 2. This was good and bad as we will learn!

1. The Industrial Revolution led to many benefits for the human life such as: a. People lived longer due to medical advancements. b. Less babies died during birth c. Labor was made easier d. Living conditions have improved

1. Even though America was prospering, bad things still happened. 2. Children worked in very dangerous conditions to help 3. Even though living conditions improved for many there were still many poor families living in horrible conditions. 4. Some rich factory owners took advantage of their workers.

1. The big question here is that without the Industrial Revolution we would not have the luxury of electricity today, the clothes on our back, running water and even large things like the massive cities we have.

1. America is considered a developed country. This means we are essentially rich compared to the rest of the world. 2. Developing countries have not benefitted from an Industrial Revolution. These countries are corrupted by poverty, crime and disease.