write in your table of contents: #6 robber barron matrix #7 towards industrialism notes
TRANSCRIPT
Write in your Table of Contents: #6
Robber Barron Matrix
#7 Towards Industrialism Notes
It’s a good day to be a HAWK!
History Alive Slide Lecture Slides
World’s 1st “skyscraper” built in 1885 in Chicago
The Brooklyn Bridge in New York City, 1883
Andrew Carnegie
Industry Key Person Significant Facts
Steel Andrew Carnegie
•1883-Brooklyn Bridge < symbol of American transition
• Bessemer process < turn iron into steel• Skyscrapers < transformed cities
Pioneer Run, Pennsylvania
John D. Rockefeller
Industry Key Person Significant Facts
Oil John D. Rockefeller
• Standard Oil (horizontal consolidation)
• 1st successful oil well drilled in 1859
Cornelius Vanderbilt
Industry Key Person Significant Facts
Railroad Cornelius Vanderbilt
• American Railway Assoc. divided the nation into 4 time zones
“Captains of Industry”
vs.
“Robber barons” – controlled the major industries of the
nation and much of American Society
Social Darwinism – “survival of the fittest”• preserved the strong in society and
weeded out the weak• relieved any unwelcome guilt they may
have felt about poverty in society
Gospel of Wealth – God’s chosen
• for those who found Social Darwinism distasteful
• religious rationale for wealth• Carnegie took this one step further by
saying that society’s fittest had both the talent and responsibility for deciding what was best for society.
Laissez –faire economics – “to let one do”
• government’s proper role was to leave the economy alone
• government interference would disrupt the natural forces at work in the economy
Invention/Technology Window Panes Oil, Well, Drill & Pump
- Edwin L. Drake 1858- Cheaper more efficient
method of obtaining Oil
Electric Power & light bulb- Thomas A Edison
1880- Wide spread, affordable
in-home lighting, increased productivity of the workplace and home
appliances
Alternating current & transformers
- George Westinghouse 1885 - Electricity could be generated
more cheaply and travel further
Telegraphy- Samuel F. B. Morse 1844- Samuel F. B. Morse 1844
- Newly diverse Morse code for telegraphy signaled the start
of a communications revolution
Telephone- Alexander Graham Bell
1876- Created a “talking telegraph” and made it
possible for many people to eventually be linked through phone lines;
facilitated expansion of natural business
Bessemer Process- Henry Bessemer/ William
Kelly 1856- New process for making
steel made it easier and cheaper to remove
impurities; made possible the mass production of steel;
led to new industries and products as well as the
development of skyscrapers and modern bridges
Transportation- EX. Railroad Network
- Revolutionized personal travel; led to time zones (1883); transformed the nature of
business & industry