1. 15.1 Industry’s Golden Age OBJS
Discuss how steel, RRs, communication and energy advancements, individuals and the government played a role in the new industrial order.

2. Bellringer
What is a present day innovation that is changing society?

3. Copy HW
Read p and take notes on the New Immigrants focusing on the following:
How they differed from the Old Immigrants
What life was like for the immigrants
How they were helped and by whom
Nativist Response
Questions
Why did Congress pass the Sherman Anti-trust Act in 1890?
What was the Homestead Act?
What were the Civil War Amendments and what did each do?
What rights are guaranteed by the 6th amendment?

4. Technological Innovations
Steel – use of the BESSEMER PROCESS
Huge impact on RRs
Ability to build taller buildings in conjunction w/elevators

5. Railroads
Expanded trunk lines
Standard Gauge
Refrigerated RR cars

6. Impact
Major employer
Pos. impact on other industries
Opened markets

7. Communications
Telegraph

8. Telephone

9. Typewriter

10. Energy
Electricity Harnessed - Edison

11. Energy
Oil
It was 1st discovered in Titusville PA!

12. Electrical Lighting
Latimer

13. Rise of Big Business
Gov policy = Laissez faire capitalism – “hands off” approach – little/no gov. interference
Social Darwinism – “survival of the fittest” used to justify factory system

14. From Proprietorship to Corporation
Proprietorship – single owner
Partnership = two or more owners
Corporation – many owners of large company
Shares/stocks sold
Dividends paid
Limited Liability
Formations into TRUSTS (one Board of Directors for many similar companies) and MONOPOLIES (one company controls the entire market)

15. What is this?