Impact of Industrialization: Cars, Agriculture, and Electricity

Scientific Management

Scientific Management (Taylorism): Led to changes in production and social-economic conditions.
Example: McDonald's needing to ensure fast service.

Wage Theory: Paying employees well ensures loyalty and they can buy the products they make.
Implementation: $5/day wage, leading to employees buying their own products.
Modern Application: Suggests better wages for essential workers could boost economy.

Multi-faceted Impact: Affected manufacturers, distributors, salespeople, and users.
Associated Industries: Roads, gas stations, car sales, garages, etc.
Government Role: Increased regulations, licensing, and public works.
Agricultural Mechanization: Introduced tractors, enhancing food production.
Thomas Malthus Theory: Industrialization prevented predicted population starvation.

Increased Government Involvement: More regulations in driving, insurance, and public works.
Technological Impact: Necessitates larger governmental roles.

Mechanized Agriculture: Enabled by internal combustion engines.
Industrial Farming: 3% of farms produce 60% of America's food.
Global Food Distribution: Industrialization ensures food availability, though distribution remains an issue.

Automobile Density: High number of vehicles per family in industrialized nations.
Industrial Civilization: Automobiles symbolize industrial progress.
Public Transportation: More common in non-industrialized countries.

Dependency: Modern society heavily relies on electricity.
Production Methods: Hydroelectric power from dams.
Government Regulation: Balancing private and public control to ensure affordable energy.
Global Energy Consumption: Disparities between developed and developing countries.
Tennessee Valley Authority: New Deal program aimed at electrifying and improving the poorest regions in the USA.
Energy Inequity: Significant differences in energy consumption between countries.

Next lecture topic: Aviation