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The gilded age 1877-1896

Chapter 16. The gilded age 1877-1896. Rise of Industrialism. Industry and invention. 1. Population increases – baby boom & immigration 2. Innovative spirit – new machines and methods 3. Government sympathetic to industry – high tariffs, cheap labor market from immigration

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The gilded age 1877-1896

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  1. Chapter 16 The gilded age 1877-1896

  2. Rise of Industrialism Industry and invention

  3. 1. Population increases – baby boom & immigration 2. Innovative spirit – new machines and methods 3. Government sympathetic to industry – high tariffs, cheap labor market from immigration 4. New sources of power – oil and electricity Why did american industrial growth occur?

  4. Student mini-presentations • Vanderbilt • Hill • Carnegie • Rockefeller • Duke • Heinz Robber barons or captains of industry?

  5. Vertical – one company is involved in EVERY aspect of an industry from raw materials to market. Horizontal – one company completely controls ONE aspect of an industry Examine the graphic on page 337. Vertical and horizontal integration

  6. Gilded age inventions

  7. Alexander Graham Bell Thomas Alva Edison

  8. Political reform & reaction

  9. Elected officials appoint and hire their friends to government positions. Corruption & Scandals Spoils system

  10. Labor, rural, economics

  11. Child labor cartoon Free Silver and the “Cross of Gold” Demonstration of gold standard/inflation. Farmers

  12. Standard oil trust

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