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Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM.

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Presentation on theme: "Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM."— Presentation transcript:

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2 Survival of the fittest Government does not interfere with business Large companies forced small companies out of business. SOCIAL DARWINISM

3 John D. Rockefeller - Oil Andrew Carnegie – Steel Cornelius Vanderbilt – Railroads JP Morgan – banking Robert Fulton – steam boats BIG BUSINESS LEADERS

4 Henry Ford Assembly line Increase in production Increase in demand in steel and rubber MASS PRODUCTION

5 Thomas Edison – Light bulb, many inventions Samuel Morse – Telegraph Alexander Graham Bell – Telephone Inventions – helped factories to improve efficiency INVENTORS

6 Transported goods to markets Gave rebates to big businesses RAILROADS

7 Horizontal integration – used to reduce competition TERMS

8 After the fire – called for laws to regulate safety in factories TRIANGLE SHIRTWAIST FACTORY FIRE

9 Paid lower wages Dangerous working conditions CHILD LABOR

10 Late 1800s – American opinion – striking workers didn’t need help Labor unions developed to improve working conditions Strike – workers refuse to work Function – represent workers LABOR UNIONS

11 Terence Powderly – Knights of Labor Union for skilled and unskilled – Knights of Labor Samuel Gompers – American Federation of Labor LABOR UNIONS

12 Haymarket Riot – a setback for labor organizations – violence broke out Blacklist – a secret listing of undesirable workers by employers TERMS


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