Civil War Letters of Charles Henry Anderson: Private in the Tenth Maine Infantry Regiment
The Growth of Industry Chris Anderson Randolph-Henry H. S.
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Transcript of The Growth of Industry Chris Anderson Randolph-Henry H. S.
The Growth of Industry
Chris AndersonRandolph-Henry H. S.
• 1789: Samuel Slater smuggled British industrial secrets to the U. S.
• He brought the Industrial Revolution to the United States
• Great Britain wanted to keep its industrial knowledge secret (WHY????)
• Was GB successful in keeping its knowledge secret????
Samuel Slater
Spread of Industry
• GB realized they could not keep their knowledge secret
• GB decided it could make $ by spreading the Industrial Revolution
• 1800s: GB started selling machines to other nations
• 1.) France:• Industrialization=slow• WHY slow????????????• Slowly, railroads developed in France
• 2.) Germany:• Early 1800s: buying machines from GB• Created factories• 1839: created a Rail Road with British $• Major industries: ________________ &
______________
• 3.) United States:• Industry develops in the _________________• Used lots of British $• Major industries: ____________________ &
__________________• 1870s: U. S. just as industrialized as GB• Why by the 1870s?????
Growth of Big Business
• As industry spread, capitalism grew• Capitalism:____________________________
_______________________________________________________________________________________________________________
• Industrial capitalism: _________________________________________________________________________________________________
• To increase profit, replace humans with machines
• Leads to Mass production
Eli Whitney
• Cotton gin guy• Interchangeable parts (What is it????)• What machine did he use to illustrate
interchangeable parts???????
Whitney’s interchangeable parts with the gun
Frederick Taylor
• Idea of Division of Labor—dividing up tasks into a step-by-step procedure
• Idea leads to the _______________________
Henry Ford
• Used the assembly line to produce– _____________________________________– _____________________________________
• Made these items much cheaper
Ford Model T
Early Ford Tractor
Business World
• As mass production grew, industry leader tried to manage the business world
• Partnerships—2 or more people combine resources
• Corporations—owned by stockholders– The value of shares increase or decrease based on
the profit earning of the company
Business Cycle
• Industries became dependent on each other• Can you give some examples of industries
who depend on each other??????• Nation’s entire economies could rest on the
business cycle—alternating periods of expansion and decline
• 1.) Expansion (Boom)• Buying, selling, production, and employment
• 2.) Decline (Bust)• Depression—lowest point of the business
cycle• Bank failures, unemployment, suffering
Draw Graph of the Business Cycle
Inventors
• 1.) Samuel Morse:• American inventor• Created the ______________________ and
____________________
Samuel Morse and the telegraph
• 2.) Gulielmo Marconi:• Italian• Wireless telegraph (_________________)
Marconi and his Radio
• 3.) Alexander Graham Bell:• Teacher of the deaf• Created the ________________________
Bell and his telephone
Bell with some of his deaf students
• 4.) Michael Faraday:• British chemist• Discovered that by moving a magnet through
coiled wire produced an electric current• Leads to the idea of the electric motor
Michael Faraday
• 5.) Thomas Edison: • Invented the Phonograph—records sound• Invented the light bulb
• 6.) Gottlieb Daimler:• German engineer• Created the internal combustion engine to run
off of gasoline
• 7.) Rudolph Diesel:• German engineer• Created on oil burning internal combustion
engine
• 8.) Ferdinand von Zeppelin:• Streamlined the dirigible (blimp)
• 9.) Wright Brothers:• Created the first powered flying machine