The Second Industrial Revolution US History I Essential Question: How does the development of new technologies affect a society, its economy, and the business within it?

Table of Contents Rise of Industry Working Conditions Big Business Inventions and Innovations Use the gear in the top right of each slide to return to this page!

Rise of Industry Impact of Industrial Growth Factors needed to make the United States and Industrialized Nation Railroads Steel Oil

Impact of Industrial Growth Electrical power replaced steam and water Factories became larger and produced more and more goods Faster transportation moved people and goods more cheaply

Factors Needed to make the US and Industrialized Nation Transportation Resources Capital Markets Business Leaders Supportive Government Labor Force Inventions and Technology

Railroads Between 1865 and 1890, the number of miles of railroad track increased dramatically Transcontinental Railroad Effects of railroad expansion Railroads and Chicago Cornelius Vanderbilt Cornelius Vanderbilt

Cornelius Vanderbilt Born – May 27, 1794 – Staten Island, New York City, NY Died – January 4, 1877 New York City, NY

Vanderbilt ~ Ferries Began working on his father’s ferry Quit school at age 11 Started his own ferry business at 16 (in 1810) – Transporting cargo between Staten Island and Manhattan Switched from regional steamboats to ocean- going steam ships when the gold rush began in 1849

Vanderbilt ~ Railroads Took an interest in railroads during the 1850s – Sold his ferry operations – Bought into railroads Grand Central Station – Completed in 1871 – Replaced by Grand Central Station in – Inducted into the North America Railway Hall of Fame – Significant contributions to the railroad industry The Rise of Cornelius Vanderbilt film clip

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