1. Technological Advancements and the Road to Greed…
Industrial America
Technological Advancements and the Road to Greed…
Click to see video on Industrialization!

2. How did this all start!?!?
Following the Civil War, railroads allowed for expansion west. Big railroad companies started buying smaller ones.
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3. Captains of Industry or Robber Barons?
Done exploring the Money Men?

4. Cornelius Vanderbilt
Vanderbilt started buying out smaller railroad companies
Bought up most of the track headed out west
If a company would refuse to sell to him, he would refuse to let passengers from their trains use his trains to head out west – took away all their customers
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5. Andrew Carnegie Sold STEEL – necessary to make a railroad!
Started buying steel mines, and railroad companies
Controlling all aspects of production from top to bottom is called vertical integration!
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6. J.P. Morgan
Began gaining power in banking industry when he began reorganizing railroads
Was involved in reorganizing General Electric and US Steel
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7. John D. Rockefeller
Used profits from his refineries to buy up other oil companies
Slashed his prices enough to force other companies out of business
Formed the Standard Oil Trust and controlled 95% of the industry
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8. What do you think? Good Guys? Bad Guys?
What good things do you think these men could have brought to the lives of workers in the US?
What bad things do you think these men could have brought to the lives of workers in the US?
Good Guys?
Bad Guys?
Explored both sides of the argument? Click Here!

9. Samuel Morse Telegraph (1837) Lines – RR= communication
1870= Western Union Telegraph Co.
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10. Thomas A. Edison Light Bulb (1879) Future of Electricity
Support= J.P. Morgan
Edison Electric Light Company
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11. Gustavus Swift Swift & Company Refrigerated Railroad Car
Meat packing industry
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12. Good Guys?
Libraries
Charities
See the other side!

13. Bad Guys? Poor Working Conditions for employees
Lavish Lifestyles for themselves
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14. Want to know more about Henry Ford? Click HERE!
Ford Automobiles
Model-T
Moving Assembly Line
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15. Henry Bessemer The Bessemer Process Turns iron into steel
Importance to industrial growth?
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16. In Summary… Why is it important to identify bias?
What pieces of evidence do you think a historian would use if he viewed the early industrial moguls as Captains of Industry? What about Robber Barons?