The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age.

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Presentation transcript:

The Gilded Age “All that glitters is not gold”

Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Factors of Industrialization 1. Natural Resources 2. Labor Supply 3. Demand 4. Transportation Network 5. Technology 6. Venture Capital 7. Role Of Government laissez-faire

Quick Answers 1.Rank the factors of industrialization from most important to least Then explain why your 1st choice was the most important factor in spurring industrialization in America.

The Age of Railroads transcontinental railroad Homestead Act Pacific Railways Act 14 th Amendment Role of government

Grange Munn v. Illinois r laws

Quick Answers 3. Looking at the map, why might cities such as Seattle, San Francisco, and Los Angeles become important cities along the transcontinental railroad lines?

Rockefeller Vanderbilt Morgan Robber Barons trusts Social Darwinism

Methods of Business Combinations Horizontal Integration – JD Rockefeller V E R T I C A L I N T E G R A T I O N A N D R E W C A R N E G I E Marketing Transportation Processing Production

Innovations Standardized PartsStandardized Parts Assembly LineAssembly Line Taylorism – scientific management

Economies of Scale

The Boom/Bust Business Cycle the US Economy in the Gilded Age Peak Trough Contraction Expansion The Business Cycle Depression Panic Recession Prosperity Recovery

Quick Answers 4. Which concept is described by this passage? A. Socialism B. Vertical integration C. Social Darwinism D. laissez-faire The growth of a large business is merely survival of the fittest. The American beauty rose can be produced in the splendor and fragrance which bring cheer to its beholder only by sacrificing the early buds which grow up around it. This is not an evil tendency in business. It is merely the working out of a law of nature and a law of God....” -John D. Rockefeller, Jr.

Working conditions pollution sweatshop

Quick Answers 5. Who does the man in the chariot represent? 6. Who is pulling the chariot? 7. What is the cartoonist’s message?

Labor’s response to Big Business Sherman Antitrust Act 1890

National Labor Union 8 hr/day Knights of Labor

Two kinds of Unions: 1. Crafts American Federation of Labor Samuel Gompers Strikes

2. Industrial Eugene V. Debs American Railway Union

Socialism Government control of business Industrial Workers of the World

Quick Answers 8.Which type of union would all of the above workers be allowed to join? A.American federation of Labor B.American Railway union C.Industrial union D.Crafts union ▪ coal pickers ▪ coal freight workers ▪ mine diggers 9. What made it illegal to form monopolies in 1890?

Strikes turn violent Great Strike of 1877

Homestead Strike Pullman Strike

Women Mother Jones Triangle Shirtwaist Factory Fire

Quick Answers 10. What side did government usually take in a strike? 11. Give one example to support your answer. 12. You are asked to join a union in 1890 so that you can work a 10 hour day (down from 14 hours), what do you do? Why? What might happen next?