Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM.

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Presentation transcript:

Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM

John D. Rockefeller - Oil Andrew Carnegie – Steel Cornelius Vanderbilt – Railroads JP Morgan – banking Robert Fulton – steam boats BIG BUSINESS LEADERS

Henry Ford Assembly line Increase in production Increase in demand in steel and rubber MASS PRODUCTION

Thomas Edison – Light bulb, many inventions Samuel Morse – Telegraph Alexander Graham Bell – Telephone Inventions – helped factories to improve efficiency INVENTORS

Transported goods to markets Gave rebates to big businesses RAILROADS

Horizontal integration – used to reduce competition TERMS

After the fire – called for laws to regulate safety in factories TRIANGLE SHIRTWAIST FACTORY FIRE

Paid lower wages Dangerous working conditions CHILD LABOR

Late 1800s – American opinion – striking workers didn’t need help Labor unions developed to improve working conditions Strike – workers refuse to work Function – represent workers LABOR UNIONS

Terence Powderly – Knights of Labor Union for skilled and unskilled – Knights of Labor Samuel Gompers – American Federation of Labor LABOR UNIONS

Haymarket Riot – a setback for labor organizations – violence broke out Blacklist – a secret listing of undesirable workers by employers TERMS