What spurred growth of industry?. ANSWER! Technological change.

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Presentation transcript:

What spurred growth of industry?

ANSWER! Technological change

What region developed as the industrial center of the U.S.?

What region developed as the industrial center of the U.S.? ANSWER! Northeast

The rise of big business resulted from_________

ANSWER! Government policies of laissez-faire capitalism and special considerations (land grants to build railroad)

What acted as the primary labor source for American industry at the turn of the 20 th century?

What acted as the primary labor source for American industry at the turn of the 20 th century? ANSWER! Immigrants (southern and eastern Europe), some workers came from farms for jobs in city

What resources contributed to America’s economic transformation at the turn of the 20 th century?

What resources contributed to America’s economic transformation at the turn of the 20 th century? ANSWER! Navigable rivers, Natural resources (coal, timber)

What innovation created a stronger steel by taking out impurities?

What innovation created a stronger steel by taking out impurities? ANSWER! Bessemer Steel Process

Who invented the light bulb and electricity as a source of power and light?

Who invented the light bulb and electricity as a source of power and light? ANSWER! Thomas Edison

Who invented the telephone?

ANSWER! Alexander Graham Bell

Who developed the airplane?

ANSWER! Wright Brothers

Who developed assembly line manufacturing to mass-produce automobiles—Model T?

Who developed assembly line manufacturing to mass-produce automobiles—Model T? ANSWER! Henry Ford

Who was leader of the steel industry at the turn of the 20 th century?

Who was leader of the steel industry at the turn of the 20 th century? ANSWER! Andrew Carnegie

Who was leader of finance and banking at the turn of the 20 th century?

Who was leader of finance and banking at the turn of the 20 th century? ANSWER! J.P. Morgan

Who was leader of the oil industry at the turn of the twentieth century?

Who was leader of the oil industry at the turn of the twentieth century? ANSWER! John D. Rockefeller

Who was leader of the railroad industry in the northeast?

Who was leader of the railroad industry in the northeast? ANSWER! Cornelius Vanderbilt

What innovation allowed for “limited liability,” separating personal finance from big business?

What innovation allowed for “limited liability,” separating personal finance from big business? ANSWER! Corporation

What spurred the growth of industry at the turn of the 20 th century?

Technological change What region developed as the industrial center of the U.S.?

What spurred the growth of industry at the turn of the 20 th century? Technological change What region developed as the industrial center of the U.S.? Northeast What government policy contributed to growth of big business?

What spurred the growth of industry at the turn of the 20 th century? Technological change What region developed as the industrial center of the U.S.? Northeast What government policy contributed to growth of big business? laissez-faire capitalism (hands-off) What was the primary labor source for factories at the turn of the 20 th century?

What spurred the growth of industry at the turn of the 20 th century? Technological change What region developed as the industrial center of the U.S.? Northeast What government policy contributed to growth of big business? laissez-faire capitalism (hands-off) What was the primary labor source for factories at the turn of the 20 th century? Immigrants (southern and eastern Europe) What resources contributed to America’s economic transformation?

What spurred the growth of industry at the turn of the 20 th century? Technological change What region developed as the industrial center of the U.S.? Northeast What government policy contributed to growth of big business? laissez-faire capitalism (hands-off) What was the primary labor source for factories at the turn of the 20 th century? Immigrants (southern and eastern Europe) What resources contributed to America’s economic transformation? Navigable rivers, natural resources (coal, timber) Who was leader of the steel industry?

What spurred the growth of industry at the turn of the 20 th century? Technological change What region developed as the industrial center of the U.S.? Northeast What government policy contributed to growth of big business? laissez-faire capitalism (hands-off) What was the primary labor source for factories at the turn of the 20 th century? Immigrants (southern and eastern Europe) What resources contributed to America’s economic transformation? Navigable rivers, natural resources (coal, timber) Who was leader of the steel industry? Andrew Carnegie

What innovation created a stronger steel, greater demand for steel?

Bessemer steel process Who was the leader of finance and banking at the turn of the 20 th century?

What innovation created a stronger steel, greater demand for steel? Bessemer steel process Who was the leader of finance and banking at the turn of the 20 th century? J.P. Morgan Who was the leader of the oil industry at the turn of the 20 th century?

What innovation created a stronger steel, greater demand for steel? Bessemer steel process Who was the leader of finance and banking at the turn of the 20 th century? J.P. Morgan Who was the leader of the oil industry at the turn of the 20 th century? John D. Rockefeller Who was the leader of the railroad industry at the turn of the 20 th century?

What innovation created a stronger steel, greater demand for steel? Bessemer steel process Who was the leader of finance and banking at the turn of the 20 th century? J.P. Morgan Who was the leader of the oil industry at the turn of the 20 th century? John D. Rockefeller Who was the leader of the railroad industry at the turn of the 20 th century? Cornelius Vanderbilt Who developed assembly line manufacturing to mass-product Model T’s?

What innovation created a stronger steel, greater demand for steel? Bessemer steel process Who was the leader of finance and banking at the turn of the 20 th century? J.P. Morgan Who was the leader of the oil industry at the turn of the 20 th century? John D. Rockefeller Who was the leader of the railroad industry at the turn of the 20 th century? Cornelius Vanderbilt Who developed assembly line manufacturing to mass-product Model T’s? Henry Ford Who developed the airplane?

What innovation created a stronger steel, greater demand for steel? Bessemer steel process Who was the leader of finance and banking at the turn of the 20 th century? J.P. Morgan Who was the leader of the oil industry at the turn of the 20 th century? John D. Rockefeller Who was the leader of the railroad industry at the turn of the 20 th century? Cornelius Vanderbilt Who developed assembly line manufacturing to mass-product Model T’s? Henry Ford Who developed the airplane?Wright brothers

Who invented the telephone?

Alexander Graham Bell Who invented the light bulb and electricity as a source of power and light?

Who invented the telephone?Alexander Graham Bell Who invented the light bulb and electricity as a source of power and light? Thomas Edison What allowed for “limited liability,” separating personal finance from big business?

Who invented the telephone?Alexander Graham Bell Who invented the light bulb and electricity as a source of power and light? Thomas Edison What allowed for “limited liability,” separating personal finance from big business? Corporation