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At the end of the Industrial Revolution in the early 1870s, statisticians counted 885,000 industrial workers and 396,000 miners in Prussia. On a slightly different data basis, the new Imperial Statistical Office counted 32% of the labor force as belonging to the mining, industrial, metallurgical and construction sectors by 1871.
The rapid expansion of industrialization led to real wage growth of 40% from 1860 to 1890 and spread across the increasing labor force. The average annual wage per industrial worker (including men, women, and children) rose from $380 in 1880 ($11,998 in 2023 dollars [1]) to $584 in 1890 ($19,126 in 2023 dollars [1]), a gain of 59%. [2]
The 1870s (pronounced "eighteen-seventies") was a decade of the Gregorian calendar that began on January 1, 1870, and ended on December 31, 1879. The trends of the previous decade continued into this one, as new empires , imperialism and militarism rose in Europe and Asia .
However, German unification in 1870 stimulated consolidation, nationalization into state-owned companies, and further rapid growth. Unlike the situation in France, the goal was support of industrialization, and so heavy lines crisscrossed the Ruhr and other industrial districts, and provided good connections to the major ports of Hamburg and ...
One of the real impetuses for the United States entering the Industrial Revolution was the passage of the Embargo Act of 1807, the War of 1812 (1812–15) and the Napoleonic Wars (1803–15) which cut off supplies of new and cheaper Industrial revolution products from Britain. The lack of access to these goods all provided a strong incentive to ...
By 1870 Italy was an economically backward and depressed area; its industrial structure had almost collapsed, its population was too high for its resources, its economy had become primarily agricultural. Wars, political fractionalization, limited fiscal capacity and the shift of world trade to north-western Europe and the Americas were key factors.
The Crystal Palace Great Exhibition of the Works of Industry of all Nations, London, 1851 Early industrialisation in Germany, the city of Barmen in 1870. Painting by August von Wille. Aplerbecker Hütte, an industrialised area of Dortmund, Germany, c. 1910. The United Kingdom was the first country in the world to industrialise. [6]
The Industrial Revolution began about 1870 as Meiji period leaders decided to catch up with the West. The government built railroads, improved roads, and inaugurated a land reform program to prepare the country for further development.