Unit 7 Industrialization EQ: How did industrialization and new technology affect the economy and society? HW#1 P. 436-444 Answer: P. 438 checkpoint, P. 440 checkpoint, P. 442 checkpoint HW#2: P. 436-444, P. 445 checkpoint, P. 448 checkpoint (second one), critical thinking #4&5 Do Now: 1. Describe the state of American industry right after the Civil War. 2. Choose a business and write a paragraph describing how your business uses the 5 pillars of the free enter[rise system.
I. Industrial Growth A. Civil War challenges industry B. Abundance of natural resources 1. lumber 2. navigable rivers 3. oil
C. Workforce expands 1. immigration 2. migration 3. entrepreneurship A. Nativism 2. migration 3. entrepreneurship
D. Free enterprise system 1. encourage by gov’t A. laissez-faire B. protective tariffs
E. Inventions 1. patents A. electricity B. iron – Bessemer process C. suspension bridges D. railroads 1. Leads to Time Zones E. communication (telegraph, telephone) F. mass production
Unit 7 Industrialization EQ: How did big business shape the American economy in the late 1800s and early 1900s? HW#2: P. 436-444, P. 445 checkpoint, P. 448 checkpoint (second one), critical thinking #4&5 HW#3 Finish reading the article & write a persuasive paragraph: Were the wealthy industrialists Robber Barons or Captains of Industry? Will count as a quiz* Do Now: Describe how each Robber Baron monopolized their industry. Window side Carnegie, door side Rockefeller.
II. Rise of Big Business A. Corporation
II. Rise of Big Business A. Corporation B. monopoly C. Cartel D. Horizontal Integration 1. Rockefeller Standard Oil E. Vertical Integration 2. Carnegie Steel
SOAPS Subject Occasion Audience Purpose Speaker
Robber Barons Rockefeller - Oil Carnegie - Steel Vanderbilt - RR Morgan - Banking
Unit 7 Industrialization EQ: Were labor unions successful during industrialization? HW#4 P. 450-457 Answer: P. 451 Chkp, P. 454 Chkpt, P. 457 Chkpt, Critical Thinking #5 Do Now: What is Social Darwinism? 1
F. Regulation 1. Interstate Commerce Commission A. Attempts to regulate RRs 2. Sherman Antitrust Act B. Monopolies illegal
G. Philanthropy 1. Donated millions to charities 2. Education Ex. Libraries, universities
III. Labor Movement A. Conditions are poor B. Labor unions Sweatshops 1. Knights of Labor – Terence Powderly 2. American Federation of Labor – Samuel Gompers a. Collective Bargaining 3. ILGWU – International Ladies Garment Workers’ Union
C. Strikes 1. Haymarket Riot 2. Homestead Strike 3. Pullman Strike