Unit 2 Getting Down to Business How did the rise of big businesses help grow and shape America?

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Presentation transcript:

Unit 2 Getting Down to Business How did the rise of big businesses help grow and shape America?

What would you need to start a new business?

Identify factors that supported the industrial development of the U.S.

Natural Resources Being near coal and iron allowed for more advancements in factories

Transportation Networks 0 Railroads were SUPER important! They: 0 Connected farms to cities. 0 That provided a way for farmers to sell their crops. 0 Brought in the natural resources needed by factories. 0 That includes raw materials such as wood, coal, copper, and iron ore. 0 Carried the products made in factories all over the country.

Access to Energy Building near natural resources allowed factories to have an easy way to power them

Inventions New technology allowed factories to produce things better & faster!

Workers The arrival of millions of new immigrants caused cities to expand

Financial Resources Big businesses had big money and that allowed industries to grow

Identify contributions of key inventors and the effects of their inventions (on the BACK of your notes)

Alexander Graham Bell Inventor of the telephone

Thomas Edison Inventor of the phonograph and electric light bulb

The Wright Brothers

The Wright Brothers (add to the margin of your notes!) Inventors of the airplane

Identify the contributions of key individuals to the growth of industrial America

Cornelius Vanderbilt 0 Business: shipping and railroads 0 Company: New York Central Railroad 0

Andrew Carnegie 0 Business: Steel making 0 Company: Carnegie Steel Company 0 andrew-carnegie andrew-carnegie

John D. Rockefeller 0 Business: Oil Refining 0 Company: Standard Oil Company 0 who-built-america-monopoly who-built-america-monopoly

Henry Ford 0 Business: Automobiles 0 Company: Ford Motor Company 0

J.P. Morgan 0 Business: Banking and investing 0

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