Industrialization and the World Economy

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FOCUS QUESTION What were some of the global consequences of European industrialization between 1815 and 1914?

The Industrial Revolution created, first in Great Britain and then in continental Europe and North America, a tremendously dynamic economic system. In the course of the nineteenth century, that system expanded across the face of the earth. Some of this extension into non-Western areas was peaceful and beneficial, for the West had many products and techniques the rest of the world desired. If peaceful methods failed, however, Europeans used their superior military power to force non-Western nations to open their doors to Western economic interests. In general, Europeans fashioned the global economic system so that the largest share of the ever-increasing gains from trade, technology, and migration flowed to the West and its propertied classes.