Académique Documents
Professionnel Documents
Culture Documents
1.
2.
Industrial
Growth
Railroads
Helped
expansion west
Easier access
West East
Transcontinental
Railroad:
Started: 1862, Completed: 1869
Built by Irish, Chinese immigrants
Dangerous conditions
Suffered racism, abuse
Steel
Bessemer Process:
Cheaper way to
make steel
Railroad
expansion
Shipping: Rail
replaces water
Cities grow
Taller buildings
Robber Barons
Got rich
developing
industries
Railroad: Cornelius
Vanderbilt
Steel: Andrew
Carnegie
Steel: J.P. Morgan
Oil: John
Rockefeller
Founded Standard Oil First trust
Biznass
Trust:
Companies
join into one
system,
eliminate
competition
Monopoly:
One supplier
of product; no competition
Vertical Integration: Company
makes finished product and
materials needed to produce it
Thomas Edison
Phonograph
(Sound recorder)
Motion-picture
camera (movies)
Electric light bulb
Do things after
dark in
factories,
offices, homes
Inventions
encouraged growth
of industry
John
Rockefeller
With a Partner
Class Question:
Is it acceptable for a
CEO to make millions of
dollars while their
employees work for
minimum wage? Why or
why not? Be prepared
to justify your answers
On Your Own
Take eight minutes and answer the
following question:
Review
1. What was one result of the transcontinental railroad?
A. Repeal of the Missouri Compromise
B. Use of and discrimination against Chinese labor
C. The growth of sectionalism in the West
D. Migration of rural workers to East Coast cities