1. Ch.14 Sect.1:The Expansion of Industry

2. Natural Resources Fuel Industrialization
After Civil War, U.S. was still agricultural
By the 1920s
3 major factors for boom:
Little use for oil
Edwin Drake
Oil boom spread to…
They were transforming…
Gasoline…

3. Bessemer Steel Process
Abundant deposits of coal and iron
Coal production…
Carbon removed from Iron…
Bessemer Process…
Railroads were biggest customer for steel
What else used it?
Brooklyn Bridge
William Le Baron Jenney

6. Home Insurance Building

7. Power of Electricity Thomas Edison— Light bulb 1880 By 1890…
It was inexpensive
Plants could now be located wherever they wanted

9. Inventions Change Lifestyles
Christopher Sholes
Alexander Graham Bell
Work and Women
Clothing mass produced
1890, work week reduced

10. Bell

12. Ch.14 Sect.3: Big Business & Labor

13. Carnegie’s Innovations
1873 entered the steel business
By 1899, Carnegie Steel Company manufactured more steel than…
Management practices
1st
2nd
Vertical integration—
Horizontal integration—

14. Fewer Control More Many went with horizontal integration Merger—
Monopoly—
J.P. Morgan and US Steel
1901 bought…
Standard Oil Company
Trustees—
Were trusts legal?

15. JP Morgan

16. Rockefeller and the “Robber Barons”
1870, Standard Oil processed 2-3% US oil
1880…
How did he get huge profits?
Rockefeller gave away over $500 million
Carnegie donated 90% of his wealth!
Sherman Antitrust Act—

18. Labor Unions Emerge Exploitation and unsafe working conditions…
Steel mills 7 day workweeks!
Seamstresses worked…
Workers did not get…
workers killed a week!
how young were workers
Sweatshops
Incomes…
NLU and CNLU
Knights of Labor

19. Union Movements Diverge
Samuel Gompers
AFL
They used strikes!, did it work?
Eugene Debs
Socialism, good?
IWW