Industrial Transformation: Basque Country & Global Revolutions
Classified in Geography
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Industrialization in the Basque Country
Bizkaia's Industrial Development
- Beginning of Industrialization: Second half of the 19th century.
- Location: Barakaldo and Sestao, on the left bank of the Nerbioi Estuary, and in Bilbao itself.
- Primary Industries: Iron and steel.
- Other Industries: Shipbuilding, hydroelectrics, paper mills, textiles, fish canning.
- Industry Size: Large-sized companies.
- Advantages: Proximity to a port, high-quality local iron ore, and the existence of a traditional merchant class.
- Investment Sources: Local and foreign investment (British, Belgian, French).
- Financial Groups: Commercial banks (e.g., Banco de Bilbao), business corporations, the Bilbao Stock Exchange.
- Worker Origins: Immigrants from different provinces of Spain.
- Important