MGMT 1030 Lecture Notes - Lecture 24: Second Industrial Revolution, Poor Law Amendment Act 1834, Bessemer Process
8 May 2018
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Department
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MGMT 1030
Lecture 24
1) Increased Production Levels
➢ Cotton cloth output
➢ 21 million yards in 1796
➢ 347 million yards in 1830
2) Early Social Welfare Reform
➢ 1833 Factory Act
➢ Limited success in reducing child labour
➢ 1834 Poor Law Amendment Act
➢ If someone was really poor, they could live and eat in the poor
house; the compromise, however, is that they agreed to lead
lives even more terrible than the poorest laborer in order to
prevent people from flocking to the poor houses
➢ Indoor relief in workhouses
➢ Recipients ‘less eligible’ than poorest laborer
The Second Industrial Revolution (1840s to 1940s)
1) Transportation
➢ Railways
➢ 7,000 miles of track in 1850
➢ 18,000 miles of track in 1886
➢ Created great demand for coal, iron, and steel
➢ Development of suburbs
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