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INDUSTRIAL SUPREMACY
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Factors that Contribute to Growth of American Industry
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*Abundant Raw Materials *Growing Labor Supply *Technological Innovations *Emergences of Talented, Ruthless Entrepreneurs *Gov. eager to help Business *Large, Expanding Market
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Technology & Industry *Cyrus Field – Transatlantic Cable 1866
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*A.G. Bell Phone 1876 by 1890 AT&T ½ million phones
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Steel *Bessemer Process *Abram Hewitt-Open Hearth Process
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Iron Ore Freighters
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Pittsburgh 1900
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Marconi & the Radio 1896
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1903 - Wright Brothers
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Samuel Langley
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1901 Glider
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Wilbur Wright October 29, 1909
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1893 Charles & Frank Duryea
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1896 Ford Quadricycle
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Science of Production
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Frederick Winslow Taylor Scientific Management “Taylorism”
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Subdivide tasks to speed production
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Ford Assembly Line *cuts time from 12 ½ to 1 ½ h *cuts price 1914 $950 1929 $290
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Menlo Park
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Thomas Edison
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Edison and George Eastman
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Firestone Ford Burroughs and Edison
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Railroad
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Mileage 30,000 in 1860 193,000 in 1900
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Cornelius Vanderbilt James Hill
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J. P. Morgan
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Robber Barons
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Andrew Carnegie
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Horizontal Integration
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VerticalVertical I n t e g r a ti o n
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Corporation Trust Holding Company
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John David Rockefeller
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Forces Railroad to cut prices for him Uses both horizontal & vertical integration by age 33 owns 90% of refineries
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Undersells competition to force them either into bankruptcy or to sell Becomes the first billionaire
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Herbert Spencer Social Darwinism
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Andrew Carnegie
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Skibo Castle
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Horatio Alger
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Henry George
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1893 Economic Recession 1% owns 88% of assets 10 million below poverty line
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Immigration
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Labor Contract Law *Allows employers to pay for passage – deduct from pay *repealed 1885
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Minimum income for reasonable level of comfort: $600 Average income for American Worker: $400-500
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Women in 1900: 17% of industrial work force 20% of women work
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1900: Ave Salary Male: $597 Female: $314
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Child Labor *1.7 million under 16 *10% girls 20% boys 10-15
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1907 Average # of Railroad workers killed: 12 Per week
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Triangle Shirtwaist Company Fire March 25,1911 146 killed
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Bodies of jumpers
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Owner found not guilty in criminal trial Civil suit is won by families of victims who are awarded: $75
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Molly Maguires
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The Great Railroad Strike 1877 Eastern railroads cut wages by 10% Workers disrupt rail service throughout the East
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State and Federal troops called out to stop demonstrations around country Over 100 killed in different cities
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Knights of Labor 1869 Open to all who toil Except:LawyersBankers Liquor DealersGamblers
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Goals: 8 hour work day no child labor
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American Federation of Labor
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Samuel Gompers Secure for workers a greater share of capitalism’s rewards
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Haymarket Square May 1, 1886
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Homestead Strike 1892
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Pullman Strike 1894
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Eugene V. Debs
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Weakness of Labor *Wages can’t stay with cost of living *Few legislative victories *Represent only small % *Shifting workforce *Strength of forces against them
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