Chapter 7-2 Rise of Industrialism

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Presentation transcript:

Chapter 7-2 Rise of Industrialism American History II Chapter 7-2 Rise of Industrialism

Bell Ringer Are big businesses good for America? Why or why not?

Objective Explain how Industrialism and national markets made it necessary for changes in business and in life

1 2 3 4 5 6 Christian Kaitlynn Jacob Tysen Garrett Tristan Zane Zoe Alex Hayden Hailey Brynley Tanner Danny Keegan Trae Brooklyn Hunter Treva Treyton Jenni Bailey Tucker Anna Matthew Heidi Devin Taylor Aaron April Kassidy Kenny

Group Summaries 1. The Rise of Heavy Industry 2. The Technology Boom 3. National Markets 4. Refrigerated Railroad Cars 5. Nationwide Business 6. The Birth of Consumerism

1 2 3 4 5 Christian Zane Tanner Treva Matthew Kassidy Danny Treyton Heidi Kenny Zoe Kaitlynn Keegan Jenni Devin Jacob Alex Bailey Taylor Tysen Hayden Trae Aaron Garrett Hailey Brooklyn Tucker Tristan Brynley Hunter Anna April

Industrialism- The change from agriculture to manufacturing as the main economic growth opportunities Took place from Civil War’s end until the 1900’s

Steel and mineral resources became vital to producing goods Iron ore from Michigan and Minnesota Steelmakers in Illinois, Ohio, and Pennsylvania Coal- used for steam run machines

Thomas Edison The Wizard of Menlo Park 1,000 lifetime patents Light bulb Generator Phonograph

Other Inventions/Inventors 676,000 patents from 1860-1900 36,000 previously Alexander Graham Bell Telephone 1876 1884 Boston-NY 1900 1.3 million phones nationwide More listed on Pg. 206

National Markets Nationwide economic system that improved through the railroad Example: meatpacking Also aided by the refrigerated railroad car invented by Gustavus Swift in the 1880’s Five major companies by the 1890’s

Nationwide Business McCormick Harvesting Machine Company Dealerships with repairs Singer Sewing Machine Company Retail stores F.W. Woolworth Five and ten cent stores Great Atlantic and Pacific Tea Company

Birth of Consumerism Changes came in sales and advertising More appealing department stores 1870-1900 advertising increase from $50 million- $542 million

Managerial Revolution Big businesses had to separate jobs Example: Railroads 1 person could supervise a 50-100 mile track

Bigger tracks would need more help One person watches track maintenance Cargo traffic

Bell Ringer Name the people that were known for the following: Refrigerated Railroad Car Sewing Machine Five and Ten Cent Stores Harvesting Machine Company Telephone Lightbulb

Objective Describe what led to the populist party and the beginning of labor unions.

John D. Rockefeller Standard Oil Company founded in 1860’s Continued buying competing companies By 1870’s he controlled most oil refineries in Ohio 1884 refined 84% of the nations oil Rail shipping rates of 10 cents vs. 35 cents Horizontal Integration

Andrew Carnegie Steel manufacturer Bessemer process Cheap way to refine iron to steel Dropped cost of steel rails Donated much of his money Vertical Integration

d

Gilded Age Rich people showed off importance by displaying their wealth Golden Age

Social Darwinism “Survival of the fittest” Herbert Spencer: Weak fall and strong move ahead Business leaders liked this Government interference would only hold the strong back Many gave to charities, but was that enough?