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Themes inU.S and Wold History - Essay Example

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The revolution made the large scale production to be possible. This led to more people to join and work in factories to earn a source of income (Fischer…
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Themes inU.S and Wold History
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"Themes inU.S and Wold History"

Download file to see previous pages Before the era of industrialization family units had more freedom for times of relaxation and family contact. The factory owners craved for more profits, this prompted them to employ more workers and women and children were incorporated as it was easy to control them. The working hours were up to 18 hours, reducing the family bond. Days entailed of mostly work and sleep (Fischer 1996). The society was affected by the other consequence that was urbanization; this is the manner in which people migrated to areas where the factories were set. The labor force was large and could not suffice all the people and urbanization crimes like prostitution, theft came to existence affecting the society adversely.
Rise of capitalism can be related to the first industrial revolution. This because the increased use of surplus money for investment in ventures to make profit. This made the middleclass to provide leadership for the economic revolution. From the definition of capitalist by Karl Marx, ‘capitalists’ were the venture entrepreneurs of the day who often risked their wealth on newly formed companies and industries through investment. From this the idea of capitalism can be traced to the first industrial revolution. The factories set with new found machinery that made production faster and cheaper. The wealthier individuals set up factories in form of partnerships or individuals and pay wages to the employees. This then becomes the economic system of capitalism.
Without capitalism there could be no existence of such term as communism. Before industrialization there was no capitalism and work was done on one’s convenience and stride. Industrialization then brought about capitalism, few factories were set up, and a lot of people were working for the owners of this factories. The capitalist were the owners of these factories, the employees working in the factories begun experiencing oppression from the owners (capitalists) this prompted ...Download file to see next pagesRead More
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