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The Rise of Industrial America, 1865 – 1900 Chapter 18
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2 Readings Read the chapter, pp. 535-565. You MUST read the chapter!!!! On line find and read a summary of the book The Jungle by Upton Sinclair.
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3 Group Presentation An Important Industrial or Technological advancement from this time period Chose a group of three Compose and design a power point of 5 slides Be prepared to make your presentation within 3 days.
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4 Rise of Corporate America See graph on page 537 Write a one sentence summary of the graph on page 537. _________________________________________ ________________________________________.
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5 The Character of Industrial Change 6 features dominated manufacturing: –Exploitation of coal –Spread of technology –Control of workers –Pressure on firms to compete –Relentless drop in prices –Of money supply to keep pace with productivity
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6 Railroad Innovations Collis P. Huntington, Central Pacific Jay Gould, Union Pacific James J. Hill, Northern Pacific Generous land grants and loan subsidies Magnetic telegraph Divisions Superintendents Accounting systems I’ve been working on the railroad all the live-long day! Jay Gould
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7 Consolidating the Railroad Industry Robber Barons Standard 4’8 ½” gauge track Interstate Commerce Act, 1887 J.P. J. Pierpont Morgan
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8 Applying the Lessons of Railroads to Steel Bobbin Boy $1.25 a week Secretary to Tom Scott, Pennsylvania Railroad 1870’s first steel mill built “Watch the COST and the PROFITS will take care of themselves.” Vertical Integration Andrew Carnegie
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9 Figure 18.1: Iron and Steel Production, 1875–1915
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10 The Trust: Creating New Forms of Corporate Organization Edwin L. Drake –1 st crude-oil well 1859 –Passion for cutting costs –Standard Oil Trust 1882 John D. Rockefeller
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11 Sherman Anti-Trust Act 1890 United States vs. E.C Knight Company
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12 Stimulating Economic Growth
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13 The Triumph of Technology Thomas A. Edison Electrical lighting Read “Electricity” pp. 544-545.
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14 Specialized Production
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15 Electricity
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16 Figure 18.2: Mergers in Mining and Manufacturing, 1895–1910
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17 Figure 18.2: Mergers in Mining and Manufactu ring, 1895– 1910 (cont’d)
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19 Advertising and Marketing
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20 Social and Environmental Costs and Benefits
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21 The NEW SOUTH
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22 Obstacles to Economic Development
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23 The New South Creed and Southern Industrialization Henry W. Grady
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24 The Southern Mill Economy
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25 Southern Industrial Lag
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26 Factories and the Work Force
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27 From Workshop to Factory
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28 Hardships of Industrial Labor
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29 Immigrant Labor
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30 Chinese Labor
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31 Woman and Work in Industrial America
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32 Hard Work and the Gospel of Success Horatio Alger
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33 Labor Unions and Industrial Conflict National Labor Union Knights of Labor Wildcat strikes
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34 Organizing Workers National Labor Uniton (NLU) Knights of Labor American Federation of Labor (AFL) Samuel Gompers
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35 Strikes and Labor Unrest Homestead Strike Eugene V. Debs Supreme Court Inre Debs
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36 Social Thinkers Probe for Alternatives William Graham Sumner Social Darwinism Marxism
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37 Conclusion
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