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American Industrialization I. What Factors Caused the US to Industrialize?

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Presentation on theme: "American Industrialization I. What Factors Caused the US to Industrialize?"— Presentation transcript:

1 American Industrialization I. What Factors Caused the US to Industrialize?

2 Abundant Raw Materials

3 Homestead Act of 1862

4 LANDGRANTSLANDGRANTS

5 Business Savvy & Competition: “Robber Barons”

6 Abundant Cheap Labor

7 Philosophies of Economic Expansion Manifest Destiny Laissez – Faire Capitalism Social Darwinism Philosophies of Economic Expansion Manifest Destiny Laissez – Faire Capitalism Social Darwinism

8 Examples of US Industrialization

9 Steel Production

10 II. Problems with Industrialization

11 Exploitation of workers: low pay, dangerous conditions, child labor

12 Pollution & Environmental Damage

13  vertical integration  horizontal consolidation Consolidation of Power

14 “Trusts” have too much power -- Undemocratic & Anti-Individual

15 ”

16 Labor Unions Knights of Labor American Federation of Labor Industrial Workers of the World

17 Workers Respond: 1877 Workers Respond: 1877 The Great Strike

18 Haymarket Affair 1886

19 1894

20

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