Industrialization: What Factors Caused the U. S

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Presentation transcript:

Industrialization: What Factors Caused the U. S Industrialization: What Factors Caused the U.S. to Industrialize in the late 19th Century?

1. Abundant Raw Materials

Ex: Alexander Graham Bell, 2. Inventions/Innovation Ex: Alexander Graham Bell, Thomas Edison Optimism & Technological Innovation 8:00-14:00 Also: Camera Telegraph Sewing machine Record player X-ray

3. New Kind of Businessmen:The Robber Barons (Ex: Andrew Carnegie, JD Rockefeller & JP Morgan)

New Forms of Business Organization

Railroads

Steel Carnegie steals the Bessemer process

Ex: Eastern & Southern European Immigration 4. Abundant Cheap Labor Ex: Eastern & Southern European Immigration

6:10-8:00 & 14:00-15:00 0-1:45

5. Pro-Business Government Laissez Faire policy = no limits on business

Problems with Industrialization

Exploitation of workers: low pay & dangerous conditions 2:00-5:00

Pollution & Environmental Damage

Critics Argue that “Trusts” (monopolies) have too much power -- that they are undemocratic & anti-individual

Critics Argue: Govt’ no longer “for the people”

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