Download presentation
Presentation is loading. Please wait.
Published byMaximilian Young Modified over 8 years ago
1
Industrialization Fuels Growth Unit 2 Lesson 1
2
Objectives: Review causes and effects of post Civil War Industrial Revolution. Analyze impact of industrialization.
3
Warm Up What challenges faced post-Civil War America? War destruction One-sided government Ruined economy Changing social roles
4
Review How does the US tackle these challenges? Reconstruction Settlement western lands Railroads Industrial Growth http://www.youtube.com/watch?v=3Efq-aNBkvc&feature=related (4 min)
5
Westward Expansion Factors : War displaced farmers, slaves Farmland in East $$$ Seek freedom from ethnic & religious tension Federal Actions: Gave away or sold land cheaply RR grants Morrill Land-Grant Homestead Act Impact : Removal Natives Force, assimilation, disease & lack resources Increased Immigration Cheap land, new jobs Chinese, Germans, Irish, Italians Exploitation of Land Mining, (Cattle) Ranching, Farming Development New Technologies…
6
Activity: Tech Development Working in small groups, the students will use the laptops to identify the new tech developments of the time
7
Technological Development Invention/IdeaInventor/DeveloperBenefit(s) Oil well, drill, pump Edwin DrakeCheaper, efficiency Electric power & light bulb Thomas EdisonAffordable, widespread, productivity Telegraph Samuel MorseCommunications rev Telephone Alexander G BellLink ppl Bessemer process Henry BessemerEasier, cheaper, purer (stronger), mass produced steel Mechanical Reaper Cyrus McCormickLarger farm, less labor Steel Plow John DeereCultivate tough sod Barbed Wire Joseph GlidenContain cattle, save crops Key
8
Monopolizing Industry New Market Structures : Oligopoly (few, large firms) Monopoly (complete control) Trust (several co’s managed as one) Sherman Anti-Trust Act New Business Practices: Vertical Integration – Carnegie Steel controls all aspects of production Horizontal Integration – Standard Oil bought out all competitors Management & Accounting More Capital - CUT COSTS! Social Darwinism Govt stay out of business, allow “fit” to survive and get rich…everyone benefits
9
Big Business Booms! RR- Vanderbilt, Gould, JJ Hill Oil- Rockefeller Steel- Carnegie Aluminum- Mellon Flour Mills- Pillsbury Cigarettes- Duke Meat - Armour Investment Banking- JP Morgan http://youtu.be/1OTd2tXZXR4http://youtu.be/1OTd2tXZXR4 (10 min) http://youtu.be/QvMiQPF0n1Ahttp://youtu.be/QvMiQPF0n1A (10 min) http://player.discoveryeducation.com/index.cfm?guidAssetId= DA3D406F-124E-4D80-9041- 48B5A4EE2C7D&blnFromSearch=1&productcode=US
10
Impact of Industrial Growth? Pro ( Captains of Industry) Con (Robber Barons)
11
Closure What does this growth of American industry have to do with our emergence as a world power? Frontier closes Industry soon needs new resources & new markets to sell its goods Begin to look abroad
12
Homework Reading Journal 2.2 due tomorrow!!!
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.