American Industrialization I. What Factors Caused the US to Industrialize?

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Presentation transcript:

American Industrialization I. What Factors Caused the US to Industrialize?

Abundant Raw Materials

Homestead Act of 1862

LANDGRANTSLANDGRANTS

Business Competition: “Robber Barons”

Abundant Cheap Labor

Pro-Business Government Leadership/No regulation Laissez – Faire

Examples of US Industrialization

Steel Production

II. Problems with Industrialization

1.Exploitation of workers: low pay & dangerous conditions

2. Child labor

3. Pollution & Environmental Damage

 vertical integration  horizontal consolidation 4. Consolidation of Power

5. “Trusts” have too much power -- Undemocratic & Anti-Individual

6. Govt. no longer “for the people”

Workers Respond: 1877 Workers Respond: 1877 The Great Strike

Knights of labor

Haymarket Affair 1886

1894

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