Survival of the fittest Government does not interfere with business Large companies forced small...
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![Page 1: Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM.](https://reader036.fdocuments.us/reader036/viewer/2022070414/5697c00c1a28abf838cc9027/html5/thumbnails/1.jpg)
REVIEW FOR TEST ON INDUSTRIALIZATION
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Survival of the fittest
Government does not interfere with business
Large companies forced small companies out of business.
SOCIAL DARWINISM
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John D. Rockefeller - Oil
Andrew Carnegie – Steel
Cornelius Vanderbilt – Railroads
JP Morgan – banking
Robert Fulton – steam boats
BIG BUSINESS LEADERS
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Henry Ford
Assembly line
Increase in production
Increase in demand in steel and rubber
MASS PRODUCTION
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Thomas Edison – Light bulb, many inventions
Samuel Morse – Telegraph
Alexander Graham Bell – Telephone
Inventions – helped factories to improve efficiency
INVENTORS
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Transported goods to markets
Gave rebates to big businesses
RAILROADS
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Horizontal integration – used to reduce competition
TERMS
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After the fire – called for laws to regulate safety in factories
TRIANGLE SHIRTWAIST FACTORY FIRE
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Paid lower wages
Dangerous working conditions
CHILD LABOR
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Late 1800s – American opinion – striking workers didn’t need help
Labor unions developed to improve working conditions
Strike – workers refuse to work
Function – represent workers
LABOR UNIONS
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Terence Powderly – Knights of Labor
Union for skilled and unskilled – Knights of Labor
Samuel Gompers – American Federation of Labor
LABOR UNIONS
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Haymarket Riot – a setback for labor organizations – violence broke out
Blacklist – a secret listing of undesirable workers by employers
TERMS