The Expansion of American Industry Chapter 13
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“What has God wrought? ” First telegraph message, May 24, 1844 By Annie Ellsworth
America Industrializes Three factors Abundant natural resources Coal, oil, gas, agricultural land Inventions Steel, electricity, telephone, sewing machine Urban population Consumers of new goods Source of workers Industry Markets Technology Power Resources Transportation
Inventions Influence Work Electricity Hours Location Continued specialization Typewriters Telephone Steel Industry Weight, strength, durability Building height Railroads Plows It is all about efficiency and increasing productivity while reducing costs
Railroads 13 Railroads Unify the Nation National network Interdependence Speed of travel Railroad time – time zones Railroads and Farmers Price fixing
17. Robber Barons Amass huge wealth Used ruthless tactics in business Vertical consolidation Horizontal consolidation Trusts Economies of scale Selling at a loss What’s good about them? Creating national wealth Charity
6. Sherman Antitrust Act Target monopolies Outlawed efforts to interfere with interstate or international trade Mostly ineffective Unclear - makes it difficult to enforce Lacked Supreme Court support Used against unions
Unions Working Conditions 12+ hour days 6 or 7 days a week Dangerous – 675 workers killed each week Low wages – everyone works Workers Form Unions Strength in numbers Improve pay and working conditions Organize by trade or industry Limited Success Government support of management Violence Scabs Internal dissent Lack of popular support Concerns about socialism
16. Horatio Alger Series of books/stories Rise from poverty to success Supported the cult of the individual and work ethic
5. Social Darwinism Biological evolution – Darwinism Social Darwinism Free competition –laissez faire Survival of the fittest companies