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Industrialization of Continental Europe

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Nate Martin

on 16 June 2015

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Transcript of Industrialization of Continental Europe

design by Dóri Sirály for Prezi
The Industrialization of
Continental Europe

National Variations
In 1750 all countries were close in the industrial race with Britain being only slightly ahead. in the 1800s the British widened the gap as the Industrial Revolution started to take it's full effect
Development of Other Nations
Belgium was rich in iron and coal which lead to the adoption of the industrial machinery from the british. France was constantly developing as well but more gradual than other nations. By 1913 Germany was rapidly closing in while the U.S. had already passed. All western countries as well as most of Europe had increased their industrial output per capita except non western countries such as China and India which had not industrialized yet.
Wealth and Power
In Europe wealth and power increased which led to more inequalities between Europe and the rest of the world.
The Challenges of Industrialization
Although this time was an era of agricultural improvement, expanding foreign trade, and growing industries, there were several roadblocks as well. There were the political and economic upheavals of the French Revolution which disrupted trade, fostered social anxiety, and created runaway inflation.
The Effects of War
War severed communications with Britain and the rest of Europe which handicapped the continent's efforts to adopt the new British technology. This gap made it much harder for other countries to follow Britain's pattern after peace was restored in 1815.
The Expense of New Technology
Since the technology in Britain had become so advanced, there were few engineers who were outside of Britain and understood the new technology. The result of this was that steam power had become much more expensive which required the investments of iron and coal and also required the existence of railroads. Not only this but government officials were suspicious of the new form of industry changes.
How Other Countries Had Advantages
During the Industrial Revolution the other countries had advantages along with the challenges that they faced. They already had a rich tradition of putting out merchant capitalists and skilled urban artisans. Also the capitalists had another advantage because they did not need to develop advanced technology because Britain had already developed the technology and all the capitalists had to do was borrow and adopt the british technology. Also France and Russia had strong independent governments which did not fall under foreign political control and they could serve their own interests.
The Agents of Industrialization
The British tried to keep their technology a secret from the rest Europe. It was first illegal for skilled artisans and mechanics to leave Britain and until 1843 the export of textiles and machinery was illegal. Despite this many artisans and mechanics left the country illegally. William Cockerill started developing machinery in Belgium for the textiles industry. His son Jon Cockerill set up a factory which produced machinery, steam engines, and locomotives. The factory became an industrial nerve center where British technicians came illegally and some went off after that to establish their own businesses. The other agents were talented entrepreneurs who also set up their own factories as well as governments who established infrastructure and encouraged businesses which helped the economy.
The Importance of Banks
Previously banks have been private and organized secretive partnerships because all partners with the banks were liable for debts and most people did not want to take that risk. In the 1830s this all changed when 2 banks in Belgium received permission from the government and enjoyed limited liability which they could only lose their original investment in the common stock. Due to publicizing this Belgians were able to attract shareholders which promoted industry.
The Final Results Due to These Factors
Due to these agents of industrialization European nations quickly industrialized. These efforts from the skilled workers, entrepreneurs, governments, and industrial banks were successful also the coal, railroad, and iron capacity in Belgium, France, and Germany doubled over the Industrialization progress.
design by Dóri Sirály for Prezi
The Industrialization of
Continental Europe

National Variations
In 1750 all countries were close in the industrial race with Britain being only slightly ahead. in the 1800s the British widened the gap as the Industrial Revolution started to take it's full effect
Development of Other Nations
Belgium was rich in iron and coal which lead to the adoption of the industrial machinery from the british. France was constantly developing as well but more gradual than other nations. By 1913 Germany was rapidly closing in while the U.S. had already passed. All western countries as well as most of Europe had increased their industrial output per capita except non western countries such as China and India which had not industrialized yet.
Wealth and Power
In Europe wealth and power increased which led to more inequalities between Europe and the rest of the world.
The Challenges of Industrialization
Although this time was an era of agricultural improvement, expanding foreign trade, and growing industries, there were several roadblocks as well. There were the political and economic upheavals of the French Revolution which disrupted trade, fostered social anxiety, and created runaway inflation.
The Effects of War
War severed communications with Britain and the rest of Europe which handicapped the continent's efforts to adopt the new British technology. This gap made it much harder for other countries to follow Britain's pattern after peace was restored in 1815.
The Expense of New Technology
Since the technology in Britain had become so advanced, there were few engineers who were outside of Britain and understood the new technology. The result of this was that steam power had become much more expensive which required the investments of iron and coal and also required the existence of railroads. Not only this but government officials were suspicious of the new form of industry changes.
How Other Countries Had Advantages
During the Industrial Revolution the other countries had advantages along with the challenges that they faced. They already had a rich tradition of putting out merchant capitalists and skilled urban artisans. Also the capitalists had another advantage because they did not need to develop advanced technology because Britain had already developed the technology and all the capitalists had to do was borrow and adopt the british technology. Also France and Russia had strong independent governments which did not fall under foreign political control and they could serve their own interests.
The Agents of Industrialization
The British tried to keep their technology a secret from the rest Europe. It was first illegal for skilled artisans and mechanics to leave Britain and until 1843 the export of textiles and machinery was illegal. Despite this many artisans and mechanics left the country illegally. William Cockerill started developing machinery in Belgium for the textiles industry. His son Jon Cockerill set up a factory which produced machinery, steam engines, and locomotives. The factory became an industrial nerve center where British technicians came illegally and some went off after that to establish their own businesses. The other agents were talented entrepreneurs who also set up their own factories as well as governments who established infrastructure and encouraged businesses which helped the economy.
The Importance of Banks
Previously banks have been private and organized secretive partnerships because all partners with the banks were liable for debts and most people did not want to take that risk. In the 1830s this all changed when 2 banks in Belgium received permission from the government and enjoyed limited liability which they could only lose their original investment in the common stock. Due to publicizing this Belgians were able to attract shareholders which promoted industry.
The Final Results Due to These Factors
Due to these agents of industrialization European nations quickly industrialized. These efforts from the skilled workers, entrepreneurs, governments, and industrial banks were successful also the coal, railroad, and iron capacity in Belgium, France, and Germany doubled over the Industrialization progress.
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