Empire of Cotton

Sachsen-Anhalt
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Globalization & Industrialization
Cotton

• ca. 3000 B.C.
• India, 1600
• Great Britain

Factors promoting industrial development in Europe

• power (coal)
• competitive innovation
• finance
  • investment banks
• agricultural productivity
• state support

New political patterns
emerge 1820s (post-Napoleon [1799-1814, 1815])

• Liberalism
  • Utilitarians
  • individual liberties
• Conservatism
• Reactionaries
• Radicals
  • universal male suffrage
  • social/economic reform
  • socialism
  • communism