Unit 7 Industrialization

EQ: How did industrialization and new technology affect the economy and society?

HW: P. 436-444,  P. 445 checkpoint, P. 448 checkpoint (second one), critical thinking #4&5

Do Now: Describe the state of American industry right after the Civil War

I. Industrial Growth

A. Civil War challenges industry B. Abundance of natural resources

1. lumber 2. navigable rivers 3. oil

C. Workforce expands

1. immigration 2. migration 3. entrepreneurship

D. Free enterprise system

1. encourage by gov’t A. laissez-faire B. protective tariffs

E. Inventions

1. patents A. electicity B. iron – bessemer process C. suspension bridges D. railroads E. communication (telegraph, telephone) F. mass production

Unit 7 Industrialization

EQ: How did big business shape the American economy in the late 1800s and early 1900s?

HW: HW#17 P. 444-448 Answer: P. 445 checkpoint, P. 448 checkpoint (second one), critical thinking #4&5

Do Now: Read the article the US Free Enterprise system and summarize in a paragraph.

II. Rise of Big Business

A. Corporation

II. Rise of Big Business

A. Corporation

B. monopoly

C. Cartel

D. Horizontal Integration 1. Rockefeller Standard Oil

E. Vertical Integration 2. Carnegie Steel

SOAPS

Subject

Occasion

Audience

Purpose

Speaker

Unit 7 IndustrializationEQ: How did big business shape the American economy in the late 1800s and early 1900s?

HW: HW#1 Finish reading the article & write a persuasive paragraph: Were the wealthy industrialists Robber Barons or Captains of Industry?

Do Now: What is a Robber Baron? What is Social Darwinism?

Unit 7 IndustrializationEQ: How did big business shape the American economy in the late 1800s and early 1900s?

HW: HW#2 P. 450-457 Answer: P. 451 Chkp, P. 454 Chkpt, P. 457 Chkpt, Critical Thinking #5

Do Now: 1. How did Vanderbilt monopolize the Railroads?2. How did Vanderbilt impact the “new corporation”?3. How did the 3 other Robber Barons depend on the RR?

Robber Barons

Rockefeller - Oil Carnegie - Steel Vanderbilt - RR Morgan - Banking

F. Regulation

1. Interstate Commerce Commission A. Attempts to regulate RRs

2. Sherman Antitrust Act B. Monopolies illegal

G. Philanthropy

1. Donated millions to charities 2. Education

Ex. Libraries, universities

II. Labor Movement

A. Conditions are poor Sweatshops

B. Labor unions 1. Knights of Labor – Terence Powderly 2. American Federation of Labor –

Samuel Gompers▪ Collective Bargaining

C. Strikes

1. Haymarket Riot 2. Homestead Strike 3. Pullman Strike