Good Essay About Late 19th Century (1871-1900)

At the end of the nineteenth century the internal politics of Western nations was directed to the problems of industrial society. Lots of socialist parties appeared after 1871. That happened mostly due to Karl Marx, who had created his doctrines between 1847 and 1870. Under the rise of capitalism and social stratification, the idea of economic equality and same conditions for everybody started to seem especially attractive. It was widespread among the working class, which enjoyed its boom and became very large those times.
After the Civil War in America, European immigrants provided the nation with needed for growing industries labor. That allowed the US to enter the world economy, mostly due to being a source of cotton and an attractive investment opportunity. Some American companies even opened subsidiaries in Russia and Europe. Great Britain remained the leader of the international market despite the fact the US got supremacy in such industrial branches as coal and iron. In Germany situation was opposite; economy and technologies were rather backward. American arms manufacturers got an opportunity to sell their items abroad, also to a newly opened for foreigners Japan. Under the influence of West, Russia and Japan underwent “latecomer” industrial revolutions escaping full Western economic dominance.
In the late nineteenth century, due to creation of the railroad, telegraph, and other electricity innovations, mass distribution and mass production became possible in the United States. Foreign trade started to be favorably balanced; however, despite increasing of exports, the US position toward the rest of the world was highly protectionist. Steep tariffs on imported goods allowed to secure economic gains at the expense of consumers and foreign producers. Protectionism was marked with creation of the “national economy” and infantry-industry protection, and was mostly successful in the German empire and known for Bismarck’s tariffs of 1879.