The Industrialization of the United States in the late 1800’s

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The Industrialization of the United States in the late 1800’s How and why did the U.S. become a world economic power? The Industrialization of the United States in the late 1800’s

I. What Factors Caused the U. S I. What Factors Caused the U.S. to Industrialize in the late 19th Century?

Abundant Raw Materials

Ex: Alexander Graham Bell Inventions/Inventors Ex: Alexander Graham Bell & Thomas Edison Optimism & Technological Innovation 8:00-14:00 Also: Camera Telegraph Sewing machine Record player X-ray

(Ex: Andrew Carnegie, JD Rockefeller & JP Morgan) Business Savvy (Ex: Andrew Carnegie, JD Rockefeller & JP Morgan)

Ex: Eastern & Southern European Immigration Abundant Cheap Labor Ex: Eastern & Southern European Immigration

6:10-8:00 & 14:00-15:00 0-1:45

Pro-Business Government Laissez Faire policy = basically no rules on what businesses can do Railroad Land Grants

II. Examples of U.S. Industrialization in late 1800’s

Railroads

Steel Carnegie steals the Bessemer process

New Forms of Business Organization

III. Problems with Industrialization

Exploitation of workers: low pay & dangerous conditions 2:00-5:00

Pollution & Environmental Damage

Critics Argue that “Trusts” (monopolies) have too much power -- that they are undemocratic & anti-individual

Critics Argue: Govt’ no longer “for the people”

Were Industrialists “Robber Barons”?

Or were they “Captains of Industry”?

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