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Published bySydney Anderson Modified over 9 years ago
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U.S. changed from an agricultural (farming) economy to an industrial economy.
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1)Land: not just the land, but also all of its natural resources W hat are some natural resources?
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natural resources
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2) Labor: large numbers of workers were needed
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3) Capital: buildings, machinery, tools, and money,
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Needed money to expand. corporations raised capital by selling stocks.
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Shareholders became partial owners. Could earn dividends. Could also sell stock on the stock market.
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John D. Rockefeller http://attitudes4innovation.com/john-d- rockefellers-7-greatest-success-quotes/
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Some quotes: “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.” http://attitudes4innovation.com/john-d- rockefellers-7-greatest-success-quotes/
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What do you think this means? http://attitudes4innovation.com/john-d- rockefellers-7-greatest-success-quotes/
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