American Industrialization I. What Factors Caused the US to Industrialize?
Abundant Raw Materials
Homestead Act of 1862
LANDGRANTSLANDGRANTS
Business Savvy & Competition: “Robber Barons”
Abundant Cheap Labor
Philosophies of Economic Expansion Manifest Destiny Laissez – Faire Capitalism Social Darwinism Philosophies of Economic Expansion Manifest Destiny Laissez – Faire Capitalism Social Darwinism
Examples of US Industrialization
Steel Production
II. Problems with Industrialization
Exploitation of workers: low pay, dangerous conditions, child labor
Pollution & Environmental Damage
vertical integration horizontal consolidation Consolidation of Power
“Trusts” have too much power -- Undemocratic & Anti-Individual
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Labor Unions Knights of Labor American Federation of Labor Industrial Workers of the World
Workers Respond: 1877 Workers Respond: 1877 The Great Strike
Haymarket Affair 1886
1894