1. The Triumph of Industry
Chapter Three Section One

2. A. U.S. Industrial Expansion
Coal and steel production
Railroads
Inventions -Edison

4. Pro-business government
B. Reasons for growth
Geography
Immigrants = labor
Pro-business government

6. Industrialists also established trusts
C. Corporations
Amass capital
Land
Equipment
Money
Industrialists also established trusts

7. D. Vertical Combination
= GOOD!

8. E. Horizontal Combination
=BAD

9. John D. Rockefeller -oil industry

10. Andrew Carnegie-steel business.

11. F. Monopolies
Single corporations controlled entire industries
Sherman Anti-Trust Act,1890

15. G. Rise of Labor
Long hours, low pay, no benefits
Workers formed unions
Strikes

17. Knights of Labor sought social reforms
H. Unions
Knights of Labor sought social reforms
The American Federation of Labor (AFL) focused on wages, hours, and conditions

19. I. Defense of capitalism
Social Darwinism = life is survival of fittest
Gospel of Wealth (Carnegie)-wealthy should practice philanthropy ($ for Public works-not individuals)

21. J. Labor Unrest
Workers business clash
Government helped business
1886 Haymarket Riot
1892,Carnegie steel strike
1894 Pullman Strike- federal troops sent