Do Now. Read Historical Context section of DBQ 11.

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Transcription:

Do Now Read Historical Context section of DBQ 11.

INDUSTRIALIZATION & BIG BUSINESS Ms Luco US Hist Nov. 27-28

Standards SSUSH11 Examine connections between the rise of big business, the growth of labor unions, and technological innovations. a) Explain the effects of railroads on other industries, including steel and oil. b) Examine the significance of John D. Rockefeller and Andrew Carnegie in the rise of trusts and monopolies. c) Examine the influence of key inventions on U.S. infrastructure, including but not limited to the telegraph, telephone, and electric light bulb.

Learning Objectives SWBAT explain the effects of the railroad on other industries and the rise of trusts and monopolies IOT examine the connections between the rise of big business, the growth of labor unions, and technological innovation.

Inquiry What factors helped to promote America s huge industrial growth during the period from 1860 to 1900?

Introduction As you re watching, create a list of the factors that led to increased industrialization in the late 19 th century. https://youtu.be/r6trp-zrujs (Stop at 5:05)

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Based on the map, why was the United States able to become an industrial nation?

Factors Leading to Industrial Development Abundance of cheap natural resources Large pools of labor (immigration) Economic stimulus of the Civil War Largest free trade market in the world (free enterprise) Capital, government support without regulation (laissez-faire & Republican govts) Rapid growth 1865 1914

Railroad Construction, 1830 1920

Effects of the Railroad Industry End rural isolation Make mass production, consumption possible Allow regional economic specialization Lead to organization of modern corporation Stimulate other industries

Other new industries and their impact on society TRANSPORTATION Henry Ford Less expensive automobile, assembly line The Wright Brothers Airplane

Other new industries and their impact on society COMMUNICATION and ELECTRICITY Samuel Morse Telegraph and Morse Code Thomas Edison The Lightbulb Alexander Graham Bell Telephone How did the development of electricity and communication impact the United States?

Other new industries and their impact on society STEEL Invention of the Bessemer Process which created STEEL out of iron ore Reduced the cost of making steel by 80% Increased production of railroad track, steamships, bridges, engines, skyscrapers

Carnegie and Steel Large-scale steel production requires Access to iron ore deposits in Minnesota Extensive transportation network Requirements lead to vertical integration Definition: A type of organization in which a single company owns and controls the entire process from obtaining raw materials to manufacture and sale of the finished product

International Steel Production, 1880 1914

Rockefeller and Oil Petroleum profitable as kerosene for lighting Standard Oil established in 1863 John D. Rockefeller used horizontal integration to monopolize the industry Definition: The merger of companies at the same stage of production in the same or different industries

Think-Pair-Share HOW IS A MONOPOLY OR TRUST GOOD FOR A BUSINESS? HOW IS IT BAD FOR THE CONSUMER?

Robber Barons or Captains of Industry? HOMEWORK: Use the links provided on the class website to research each of the listed industrialists. Write for each: 1. Name of Industrialist 2. What industry or industries they are associated with 3. 1 paragraph explaining (using details from the links) whether you think the person is a robber baron or captain of industry and why

Industrialists to Research 1.Andrew Carnegie 2.Cornelius Vanderbilt 3.J.P. Morgan 4.John D. Rockefeller