1. The Industrialization of the United States in the late 1800’s

2. I. What Factors Caused the U.S. to Industrialize in the late 19 th C?

3. Abundant Raw Materials

4. Inventions/Inventors Ex: Alexander Graham Bell & Thomas Edison Also: Camera Telegraph Sewing machine Record player X-ray

5. Business Savvy (Ex: Andrew Carnegie, JD Rockefeller & JP Morgan)

6. Abundant Cheap Labor Ex: Eastern & Southern European Immigration

7. Pro Business Governement Ex: Laissez – Faire Government Regulation; Railroad Land Grants

8. II. Examples of U.S. Industrialization in late 1800’s

9. Railroads

10. Steel

11. New Forms of Business Organization

12. III. Problems with Industrialization

13. Exploitation of workers: low pay & dangerous conditions

14. Pollution & Environmental Damage

15. Critics Argue that “Trusts” (monopolies) have too much power -- Undemocratic & Anti-Individual

16. Critics Argue: Govt’ no longer “for the people”

17. Were Industrialists “Robber Barons”?

18. Or were they “Captains of Industry”?