Ch.6 – The Expansion of American Industry. Life in 1865 - No indoor lighting Used ice blocks to keep food cool (expensive) Long-Distance Communication Took up to a month to deliver a letter from East to West Coast. By 1900 - Standard of living was one of the highest in the world Why?
Ch.6 – The Expansion of American Industry
Life in 1865 -
No indoor lighting
Used ice blocks to keep food cool (expensive)
Took up to a month to deliver a letter from East to West Coast
By 1900 -
Standard of living was one of the highest in the world
Patents: 1790-1860: 36,000; 1860-1890: 500,000
Lots of NEW inventions!
What were the effects of petroleum on the development of the US?
How did the growth of electric power impact the development of the U.S.?
Technology gap arises between rural and urban areas
The railroads showed the US just how massive business could get and how much money could be had by just a few individuals.
There is a group of these guys, industrialists from this era, that amassed huge fortunes through various means.
They are known by 2 different names:
(*Note that these 2 names refer to the same group of people.)
John D. Rockefeller
New BIG Industries
and household appliances
John Rockefeller acquired all but 10% of the oil industry; if you wanted oil, you had to go thru him.
Coke fields Ships
Iron ore deposits
Steel mills Railroads
ALL purchased by Carnegie
Purchased by Rockefeller
Independent Oil Refineries
Gov’t response = Sherman Antitrust Act 1890
I’d rather own the company…
What was work like?
Division of Labor
What this quote tell you about the relationship between workers and business owners?
Labor unions had only limited success at this time. They brought many of labor’s pressing issues to light, but they were often met with violence and government opposition during strikes.