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The Study of Industrialization and Capitalism


the Study of Industrialization and Capitalism

the stability of the global economic system. It survived reoccurring inflation and deflation crises by the destruction of products, and exploitation of old markets. In the late 18th century, the world economy embarked on a rapid process of change. In this unit, we will examine the institutional, political, and social changes that came to industrialized societies in the 19th and 20th centuries. The failure of the international community to maintain prosperity and peace led to the Second World War, which devastated Europe and Asia. Symbolic InteractionismBehavior is learned in interaction with other people. The Political Revolution more democratic values and standards were being adopted Slide 8 Sociological Perspective Seeing the general in the particular Seeing the strange in the familiar A collective view beyond the individual view Peter Berger (1963:23) the first wisdom of sociology is thisthings are. Completing this unit should take you approximately 8 hours. Industrialization and capitalism were plowing the feudal system into oblivion. By the end of the 19th century, nearly every society on Earth had been affected by the arrival of new products, new means of transportation, new weapons, and new ideas. The second half of the twentieth century saw many changes in the pattern of industrialization. Minority group relations Incompatible interests and major differences Slide 29 THE conflict paradigm Slide 30 basics: The view that society is the product of everyday interactions How, and in what way, do people interpret and negotiate their surroundings?

Industrialization and Global Integration:.1750-c.1900, t his unit will trace major events and changes in the world in the early modern era. Nationalism, Revolution, and Reform, key Concept.3. Entrepreneurs seeking to profit from these markets developed new techniques and new tools for mass production that laid the groundwork for future industrial advances.

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Marx believed that the capitalists/bourgeoisie exploited their workers the proletarians so they would become low cost appendages to run a machine. The Industrial Revolution created new social classes and, new forms of labor. In other words, let MY ideas define existence) Slide 19 back to our little genealogy. We will also study the economic crises of the 1920s and 1930s and compare different recovery strategies. By many accounts, China was more industrially developed than Western Europe before 1800, but England and the rest of Western Europe soon surged ahead with the aid of cheap coal, steam power, and the vast natural resources and markets provided by the Americas. Resources: Crash Course: Industrial Revolution, crash Course: Capitalism and Socialism. Free public why did Great Britain and other powers appease Germany? education and equal labor. Slide 25 Slide 26 Major Theoretical Perspectives: Functionalism How is social order maintained? Capitalism, an economic system based on the private ownership of productive power, made the Industrial Revolution possible by creating demands for goods and incentives for entrepreneurs to invest in production.

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