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Industrialization
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Industrialization Caused by natural resources Black Gold- Oil
Bessemer process- removes impurities in steel
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Inventions Thomas Edison George Westinghouse
Created the incandescent light bulb and the direst current- travels short distances George Westinghouse Created an alternating current- travel long distances
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Inventions Charles Hires- pharmacist, root beer
Samuel Morse- Invented the telegraph and Western Union
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Inventions Alexander Graham Bell- Invented the telephone
John & Washington Roebling- Built the Brooklyn Bridge- a suspension bridge
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Why Industrialization?
Natural resources Population Free Enterprise- Laissez faire
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Railroads Leland Stanford- "Last Spike" in Promontory, Utah on May 10, 1869, uniting the transcontinental railroad. Cornelius Vanderbilt- made wealth in railroads
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Railroads Land Grants Gov. offered transcontinental RR companies land along its right-of-way to encourage rapid construction of tracks
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Railroads Robber Barons- RR tycoons that built fortunes by swindling people and stocks Jay Gould- most famous robber baron
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Industry Consolidation
Andrew Carnegie- U.S. Steel Gospel of Wealth Vertical Integration Horizontal Integration
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Industry Consolidation
John D. Rockefeller- Standard Oil Used a trust to gain control of the oil industry in America
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Industrial Labor Piecework- pay based upon production
Fined or fired for no reason Child Labor- no rights, harsh conditions, long hours
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