The Industry of Empire

The Industry of Empire

Behind the expansion of Western empires lay dramatic developments in economic and technological power. Fed by raw materials from around the world, industry turned out a flood of new products, including the increasingly powerful guns that served imperial conquest, and many workers’ wages increased. Beginning in 1873, however, downturns in business threatened both entrepreneurs and the working class. Businesspeople sought remedies in new technology, managerial techniques, and a revolutionary marketing institution—the department store. Governments played their part by changing business law and supporting the drive for raw materials and global profits. The steady advance of industry, global trade, and the consumer economy further transformed people’s daily lives.