1. CHAPTER 5 PREVIEW

2. The Industrial Revolution
Began in U.S.in early-1800s
Gained momentum after Civil War (1865)
By late-1800s, U.S. is world’s leading industrial nation

3. The Steel Industry

5. Why Did It Happen Here? Vast natural resources A large workforce
Timber, coal, iron, copper
A large workforce
: population of U.S. triples

6. New Inventions The telephone Alexander Graham Bell The typewriter
Christopher Sholes
The lightbulb
Thomas Edison
The Camera
George Eastman

7. Impact of Technology The way we live is changed Refrigeration
Clothing industry
Communication: telegraph across Atlantic

8. Free Enterprise Laissez-faire “let people do as they choose”
Government involvement in economy should be very limited
Entrepreneurs
People who risk their capital (money) to run businesses

9. How Government Helped
Low taxes
High tariffs (taxes on imported goods)

10. Connecting the Nation
Transcontinental Railroad

13. Who Were Some of the Big Players?
Robber Barons

15. The Rise of Big Business
Corporations
Owned by many people
stockholders

17. How To Get All These Goods To Us?
Large illustrated ads in newspapers and magazines
Chain stores
Department stores
Catalogs

19. Unions Emerge
Protect workers’ rights
Industry oppose

20. Political Opposition to ‘New’ America
Rise of “Marxism”
Workers will eventually revolt and take over

21. Ch 5 Essential Questions
What economic policies allowed industries to expand after the Civil War? Explain how those policies worked
How did the railroads encourage settlements of the Plains and the West?
Why did many Robber Barons expand their businesses through new ways of organization?
Why did workers form unions?