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Chapter 24, Industry Comes of Age

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Presentation on theme: "Chapter 24, Industry Comes of Age"— Presentation transcript:

1 Chapter 24, Industry Comes of Age

2 Iron Colt become and Iron Horse
Railroads Iron Colt become and Iron Horse

3 Railroads in US 1865: 35,000 miles of track

4 Government Gave land and grants to railroad companies Railroad= Rr

5 Transcontinental Railroad
Union Pacific Company (Irish) Central Pacific Company (Chinese) Met in Promontory Point, Utah

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8 More railroads, More problems… with Indians

9 Effects of more Rrds: Conflicts w/ Indians
Trade (across America, Asia) Increased population in the West communication

10 Railroad consolidation
Cornelius Vanderbilt

11 Railroad mechanization
Improvements: Steel rail Standard track gauge Airbrake Pullman cars

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14 Effects of railroads Transported raw materials (more industrialization) Time zones Bought lots of steel Mining/agriculture in the west Urbanization Immigration Environmental devastation Made millionaires

15 “Made millionaires”= corruption
“stock watering” Insider trading

16 Government takes control (kind of)
“American dream” Laissez-faire economics 1870s: midwestern states tried to regulate rrds Wabash vs. Illinois- states can’t regulate interstate trade

17 Interstate Commerce Act, 1887
Regulated rrds a little Interstate Commerce Commission (ICC) Not perfect Set a precedent that government could regulate business

18 Increased mechanization in US
1860: 49th in world in manufacturing 1893: 1st

19 Why? 6 reasons

20 1. Foreign investments

21 2. Innovations in transportation
rrds

22 3. mining US has (had) lots of natural resources: Coal Oil Iron Copper
Zinc

23 4. Interchangeable parts

24 5. Incentive to invent machines
Businesses want to replace expensive skilled labor with cheap unskilled workers and machines

25 6. Inventions Telephone- 1976 Thomas Edison Phonograph Mimeograph
Dictaphone Moving picture Lightbulb

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27 Nikola Tesla

28 Vocab

29 Vertical integration Andrew Carnegie, steel
Combining all phases of manufacturing Ex. from “mining to marketing”

30 Horizontal Integration
Rockefeller Allying with competitors to monopolize market “trust”

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33 Bessemer process Method to get rid of impurities in steel Science
Cheapish

34 Social Darwinism “Gospel of Wealth” “survival of the fittest”
The best will rise to the top of society Therefore, poor people are lazy/stupid

35 Oil Industry 1859: “Drake’s Folly”, first oil well in PA
1870s: Kerosene 1880s: lightbulb

36 John D. Rockefeller Standard Oil (monopoly)

37 Government steps in Sherman Anti-Trust Act, 1890: No more trusts
Not very successful (loopholes) Actually used to punish unions

38 Impact of Industrial Revolution on women
Women go to work Telephone, typewriter, stenograph Economic necessity

39 Gibson girls

40 Impact on workers 2 out of 3 Americans depended on wages
No job or wage protection No unemployment benefits

41 Photography Jacob Riis Lewis Hine

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48 Unions Not successful initially: Businesses had all the power
Immigrants looking for jobs “scabs” “iron-clad oaths” “yellow-dog contracts” “black lists”

49 National Labor Union 1866-1872 600,000 members Excluded Chinese
Killed by the depression on 1873

50 Knights of Labor 700,000 members Welcomed everyone
Campaigned for political and economic reform Died off in the 1890s

51 Haymarket Square Labor strikes in Chicago
Bomb was thrown, killed about 12 people Anarchists were arrested

52 American Federation of Labor
1866 Samuel Gompers Skilled laborers A collection of individual unions who retained their own autonomy

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54 Labor disorders 1881-1900 23,000 strikes 6.6 million workers
$450 million lost


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