Industrialization in Europe and North America vs. that of Japan
Industrialization in Europe and North America vs. that of Japan
Europe
-used steam-powered businesses
-city growth equaled and exceeded army growth as a result of industrialization
-majority of Europe switched from agriculture to industry
-depended on coal and iron
-class divisions tended to prevent bosses and workers from developing close partnerships
North America
USA
-produced raw materials
-high incomes, so more money for investment
-relatively small population, so machinery could make up for labor shortage
-high taxes designed to encourage native industry
Canada
-became agricultural country rather than industrial one
-less than half of population worked in manufacturing
Japan
-focused on army and navy
-major exports included buttons, cotton textiles, raw silk, and tea
-exploited women for labor to reduce labor costs
-government helped finance industry establishment
-state and industrialists worked together to prioritize strength for war and hold back domestic demand
-cared about long-term success over short-term profits
-regulated consumption for moral reasons rather than because of supply and demand
-firms had strong corporate identities
April 22, 2010