The Development of Industrial America American Studies I can understand how America became an industrial leader and the effects of industrialization.

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Presentation transcript:

The Development of Industrial America American Studies I can understand how America became an industrial leader and the effects of industrialization

Sept 5th Opener: Which invention has had the greatest impact on America? Explain your answer. Task- take out your notes from yesterday and have a great attitude! :) I can understand how America became an industrial leader and the effects of industrialization

The Gilded Age After the Civil War and the Reconstruction Growing gap between the rich and the poor (social classes) Growth of Industrial Cities MANY African Americans move to the North More people, more business = corruption Conditions for labor was poor BIG BUSINESS! I can understand how America became an industrial leader and the effects of industrialization

ID words for this chapter Due tomorrow at the beginning of class Industry/Industrial Baron Economy Monopoly Urban Trusts * Union* philanthropist How To Do ID words: Describe the ID word: My understanding (circle) Synonym (same) : Antonym (opposite): Visual: Part of speech (noun/ Verb/adjective/adverb) Sentence using ID word: I can understand how America became an industrial leader and the effects of industrialization

The Rise of Big Business As industry grew: – Markets created the need for transportation of goods – The men who helped goods move were either called Captains of Industry: complimentary term referring to an individual who becomes powerful in business Robber Barons: a derogatory term referring to an individual who becomes powerful through negative practices I can understand how America became an industrial leader and the effects of industrialization

Who were these men? J.D. Rockefeller Andrew Carnegie Henry Ford Cornelius Vanderbilt J. P. Morgan Video I can understand how America became an industrial leader and the effects of industrialization

Some examples of big business during this time Railroads – Started by hundreds of small companies Drove each other out of business – Railroad barons bought small companies with same tracks and equipment Oil (Rockefeller) – Standard Oil formed a trust – Eliminated competition Steel (Carnegie/J.P Moragan) – Priced his steel lower than others – Drove others out of business I can understand how America became an industrial leader and the effects of industrialization