1. 12/ 9 Industrialization Song money makes the world go round

2. Post Civil War A. Technology B. Population
Technology – new machines created doing work instead of people
Population – increases in the cities due to returning soldiers and new immigrats

3. II. Technology. A. Railroad. B. New Building Materials. C
II. Technology A. Railroad B. New Building Materials C. New Energy Sources D. New Communications
Railroads – transcontinental
Building Materials – concrete steel and glass = skyscrapers and factories
Energy sources – oil electricity coal help heat and light
New communications – telephone morse code

4. III. US Philosophy for Economy. A. Laissez Faire Capitalism. B
III. US Philosophy for Economy A. Laissez Faire Capitalism B. Rugged Individualism C. Social Darwinism D. Gilded Age
Laissez faire capitalism: government does not get involved in business. Government is hands off. So business can do whatever it wants to
Rugged Individualism: You can do for yourself. You don’t need help from the government
Social Darwinism: survival of the fittest in business. The strongest businessmen made the most money
Gilded age – mark twain