The Industrialization of the United States in the late 1800’s.

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Presentation transcript:

The Industrialization of the United States in the late 1800’s

I. What Factors Caused the U.S. to Industrialize in the late 19 th C?

Abundant Raw Materials

Inventions/Inventors Ex: Alexander Graham Bell & Thomas Edison Also: Camera Telegraph Sewing machine Record player X-ray

Business Savvy (Ex: Andrew Carnegie, JD Rockefeller & JP Morgan)

Abundant Cheap Labor Ex: Eastern & Southern European Immigration

Pro Business Governement Ex: Laissez – Faire Government Regulation; Railroad Land Grants

II. Examples of U.S. Industrialization in late 1800’s

Railroads

Steel

New Forms of Business Organization

III. Problems with Industrialization

Exploitation of workers: low pay & dangerous conditions

Pollution & Environmental Damage

Critics Argue that “Trusts” (monopolies) have too much power -- Undemocratic & Anti-Individual

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

Were Industrialists “Robber Barons”?

Or were they “Captains of Industry”?

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