Presentation on theme: "The student will describe technological innovations"— Presentation transcript:
1 The student will describe technological innovations SSUSH 11The student will describethe economicthe socialandthe geographic impactof the growth ofbig businesstechnological innovationsafter Reconstruction.
2 Industrialization and Urbanization EconomicNew class of wealth – based on industry/big business rather than landRockefeller, Carnegie, Morgan – Captains of Industry or Robber Barons?SocialGap between rich and poor grew along with the growth of a middle class based on wages rather than farm produceGeographicCities, urban areas became the centers of wealth productionNative American cultures decimated – Railroad brought westward expansionUrban areas contain ethnic ghettosEastern Cities – Southern/Eastern European ImmigrantsWestern cities – Chinese and Mexican immigrantsBig BusinessFrom Railroad Industry sprang forth – Steel, Oil, Banking, Lumber, other industriesTechnological Innovation Thomas Edison’s inventions – light bulb, movies, phonograph
3 SSUSH 11Explain the impact of the Railroad Industry on other industries, such as Steel Industry, and on the organization of Big Business.
4 RAILROADSTime Zones are created because of Railroad, we set our clocks by railroad time!Steel Industry grows because steel needed to build railroads, trains, and eventually skyscrapersOther big businesses grow as a result of railroadsLumberCattleBankingWestern boom towns and cities arise as a result of railroadsOil Industry growsBecause railroads provideMeans to transport oil fromWestern lands to Eastern cities
5 SSUSH 11Identify John D. Rockefeller and the Standard Oil Company and the rise of trusts and monopolies.
6 John D. Rockefeller Founded Standard Oil Company 1870 Accused of unfair business practicesVertically integrated Oil Business by buying businesses dealing with all aspects of oil production/refining, storing, producingGained monopoly = 90% of all oil produced by Standard OilCriticized by Ida Tarbell in series of articles and a book
7 BIG Business – Octopus = Standard Oil Cartoon Trusts and MONOPOLIES = Good or Bad?
10 The Steel Industry Mr. Andrew Carnegie – Robber Baron Extraordinaire RAGS TO RICHESThe Steel IndustryMr. Andrew Carnegie – Robber Baron Extraordinaire
11 SSUSH 11Describe the impact of the railroads in the development of the West; include the Transcontinental Railroad, and the use of Chinese laborers.
12 Abraham Lincoln signs law authorizing building of a Transcontinental Railroad during the Civil War RAILROADSAmerica connected East to WestManifest Destiny realizedMay 1869 at Promontory Point Utah – Union Pacific / Central Pacific unites and changes America forever
13 Transcontinental RAILROADS Famous pictures showing meeting ofCentral Pacific and Union Pacific uniting the Continent – May 1869 Promontory Point Utah
14 Railroad Construction: Thousands immigrate to US to work on Railroads Chinese LaborThousands immigrate to US to work on RailroadsDangerous workLow payDiscriminationRAILROADS
15 SSUSH 11 Describe the invention of Thomas Edison; include the electric light bulb, motion pictures, and the phonograph, and their impact on American life.
17 Thomas Edison Inventions that changed America forever Light Bulb – life and work = 24 hours nonstopPhonograph – music industry createdMotion pictures – movie industry createdFounded Menlo Park – first research laboratory in America