1. The Growth of Industry Chris Anderson Randolph-Henry H. S.

2. 1789: Samuel Slater smuggled British industrial secrets to the U. S. He brought the Industrial Revolution to the United States Great Britain wanted to keep its industrial knowledge secret (WHY????) Was GB successful in keeping its knowledge secret????

3. Samuel Slater

4. Spread of Industry GB realized they could not keep their knowledge secret GB decided it could make $ by spreading the Industrial Revolution 1800s: GB started selling machines to other nations

5. 1.) France: Industrialization=slow WHY slow???????????? Slowly, railroads developed in France

6. 2.) Germany: Early 1800s: buying machines from GB Created factories 1839: created a Rail Road with British $ Major industries: ________________ & ______________

7. 3.) United States: Industry develops in the _________________ Used lots of British $ Major industries: ____________________ & __________________ 1870s: U. S. just as industrialized as GB Why by the 1870s?????

8. Growth of Big Business As industry spread, capitalism grew Capitalism:____________________________ _____________________________________ _____________________________________ _____________________________________ Industrial capitalism: __________________________________________________________

9. To increase profit, replace humans with machines Leads to Mass production

10. Eli Whitney Cotton gin guy Interchangeable parts (What is it????) What machine did he use to illustrate interchangeable parts???????

11. Whitney’s interchangeable parts with the gun

12. Frederick Taylor Idea of Division of Labor—dividing up tasks into a step-by-step procedure Idea leads to the _______________________

13. Henry Ford Used the assembly line to produce – _____________________________________ Made these items much cheaper

14. Ford Model T

15. Early Ford Tractor

16. Business World As mass production grew, industry leader tried to manage the business world Partnerships—2 or more people combine resources Corporations—owned by stockholders – The value of shares increase or decrease based on the profit earning of the company

17. Business Cycle Industries became dependent on each other Can you give some examples of industries who depend on each other?????? Nation’s entire economies could rest on the business cycle—alternating periods of expansion and decline

18. 1.) Expansion (Boom) Buying, selling, production, and employment 2.) Decline (Bust) Depression—lowest point of the business cycle Bank failures, unemployment, suffering

19. Draw Graph of the Business Cycle

20. Inventors 1.) Samuel Morse: American inventor Created the ______________________ and ____________________

21. Samuel Morse and the telegraph

22. 2.) Gulielmo Marconi: Italian Wireless telegraph (_________________)

23. Marconi and his Radio

24. 3.) Alexander Graham Bell: Teacher of the deaf Created the ________________________

25. Bell and his telephone

26. Bell with some of his deaf students

27. 4.) Michael Faraday: British chemist Discovered that by moving a magnet through coiled wire produced an electric current Leads to the idea of the electric motor

28. Michael Faraday

29. 5.) Thomas Edison: Invented the Phonograph—records sound Invented the light bulb

30. 6.) Gottlieb Daimler: German engineer Created the internal combustion engine to run off of gasoline

31. 7.) Rudolph Diesel: German engineer Created on oil burning internal combustion engine

32. 8.) Ferdinand von Zeppelin: Streamlined the dirigible (blimp)

33. 9.) Wright Brothers: Created the first powered flying machine