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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.
Over time, the problem shifted. Between about the 1850s and the 1870s, industry experienced a strong upswing, while the decline of cottage industries and the crisis of the crafts continued. A third phase in Germany, beginning around 1870, was marked by high industrialization and the transition to an industrial society.
The government instituted military reforms to modernise the Japanese army and also constructed the base for industrialisation. In the 1870s, the Meiji government vigorously promoted technological and industrial development that eventually changed Japan to a powerful modern country.
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]
Download as PDF; Printable version; ... Franco-Prussian War 1870–1871; ... This was particularly important for the emerging industrial centers, ...
This can be illustrated by the index of total industrial production, which increased from 4.29 in 1790 to 1,975.00 in 1913, an increase of 460 times (base year 1850 – 100). [5] American colonies gained independence in 1783 just as profound changes in industrial production and coordination were beginning to shift production from artisans to ...
The Great Deflation or the Great Sag refers to the period from 1870 until 1890 in which the world prices of goods, materials and labor decreased, although at a low rate of less than 2% annually. [1] This was one of the few sustained periods of deflationary growth in the history of the United States. [citation needed]
The Industrial Revolution marked a major turning point in history, comparable only to humanity's adoption of agriculture with respect to material advancement. [11] The Industrial Revolution influenced in some way almost every aspect of daily life. In particular, average income and population began to exhibit unprecedented sustained growth.