CHAPTER 18 THE RISE OF INDUSTRIAL AMERICA. INDUSTRIALIZATION Reasons for rapid expansion Cheap...
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Transcript of CHAPTER 18 THE RISE OF INDUSTRIAL AMERICA. INDUSTRIALIZATION Reasons for rapid expansion Cheap...
INDUSTRIALIZATION
• Reasons for rapid expansion
• Cheap energy
• New technology
• Low production costs
• Unskilled and semi-skilled workers
• Lowering Consumer prices
• Low wages
INDUSTRIALIZATION
• Railroad Innovations
• Cornelius Vanderbilt
• Jay Gould
• Selling Stock
• Trunk lines
• Rebates and Kickbacks
• Robber Barons
INDUSTRIALIZATION
• Regulating Railroads
• The Interstate Commerce Act
• The Interstate Commerce Commission
• Pools
• Siding with the Railroads
INDUSTRIALIZATION
• Andrew Carnegie
• Railroads and steel
• Consolidating Businesses
• The Bessemer Process
• Vertical Integration
• Horizontal Integration
• Philanthropy
• J.P. Morgan
INDUSTRIALIZATION
• John D. Rockefeller
• Standard Oil Company
• Integration the oil industry
• The first trust
• The Sherman Anti-Trust Act (1890)
INDUSTRIALIZATION
• Alexander Graham Bell (1876):
• Inventor of the telephone.
• Founder of Bell Telephone Company which eventually became known as AT&T.
INDUSTRIALIZATION
• Thomas Alva Edison: perfected the light bulb and electric generator in 1879.
• 1882: Edison’s company began providing electricity to New York City.
• 1889: several of Edison’s companies came together to form Edison General Electric Company which is known as GE today.
INDUSTRIALIZATION
• Thaddeus Lowe: invented the ice machine shortly after the Civil War.
• Gustavus Swift (1870’s): hired an engineer to develop a refrigerated rail car (reduced the risk of food poisoning.)
• Cyrus Field (1866): laid a telegraph cable across the Atlantic Ocean. Thaddeus
Lowe
INDUSTRIALIZATION
• The New South
• Reasons why the South lagged behind the North
• The New South Creed
• Industrial fairs
• Textile Mills
• Mill Towns
INDUSTRIALIZATION
• The increase in industrial workers
• Industrially induced diseases
• Accidents in the factories
• Health care
INDUSTRIALIZATION
• Who received the lowest paying jobs?
• French Canadians
• The Chinese
• Railroads
• Working Conditions
INDUSTRIALIZATION
• Women in the workforce
• The Gospel of Success
• Rags to Riches Stories (Horatio Alger)
• Mark Twain
• The Gilded Age
INDUSTRIALIZATION
• The National Labor Union
• The Knights of Labor
• Terrence Powderly
• Social and Economic Reforms
• The Chinese Exclusion Act (1882)
• The Haymarket Square Bombing
INDUSTRIALIZATION
• The American Federation of Labor
• Samuel Gompers
• Problems for Unions
• Yellow Dog Contracts
• Injunctions
INDUSTRIALIZATION
• The Pullman Strike
• The Depression of 1893
• The American Railway Union
• Eugene Debs
• The General Managers Association
• President Grover Cleveland
• The Results of the Pullman Strike