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The Triumph of Industry

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The Triumph of Industry Technology & Industrial Growth The Civil War forced industries to become more efficient, employing new tools and methods like never before. – PowerPoint PPT presentation

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Title: The Triumph of Industry


1
The Triumph of Industry
2
Technology Industrial Growth
  • The Civil War forced industries to become more
    efficient, employing new tools and methods like
    never before.
  • The countrys growth was fueled by its vast
    supply of natural resources (coal,oil)
  • Due to several factors many new immigrants came
    to America hoping for a fresh start.
  • Entrepreneurs fueled industrialization.

3
Government Policies
  • To encourage buying American goods, Congress
    passed proactive tariffs, which placed heavy
    taxes on imported goods.
  • The government also encouraged laissez-faire
    policies, which minimized the govts role in
    business.

4
Innovation Drives the Nation
  • During the 1800s the govt issued more patents
    than ever before.
  • Thomas Edisons light bulb revolutionized the
    industrial world by allowing businesses to work
    24hrs a day to increase product and profit.
  • The Bessemer process was used in the construction
    of suspension bridges. (Brooklyn Bridge)
    http//en.wikipedia.org/wiki/Thomas_edison

5
Linking the Nation by Rail
  • As railroads expanded, they made use of new
    technologies and encouraged innovation.
  • Using air brakes and refrigerated cars by 1883
    there were 3 transcontinental railroad lines in
    the U.S.
  • In 1884, the world was divided into 24 time
    zones, which was adopted by the railroad.
  • Railroads also led to the mass production of
    goods to meet the growing demands of an expanding
    country.

6
The Rise of Big Business
  • To take advantage of expanding markets, investors
    developed a form of group ownership known as a
    corporation.
  • Some corporations tried to gain a monopoly by
    buying out its competitors and driving them out
    of business.
  • John D. Rockefeller made deals with railroads to
    increase his profits.
  • Andrew Carnegie gained power by diversifying his
    interests among different businesses.

7
Social Darwinism
  • Based on the ideas of Charles Darwins work the
    Origin of Species.
  • Yale professor Graham Sumner applied Darwins
    theory to explain American capitalism.
  • Wealth was a measure of ones value and those who
    had it were the most fit.
  • Believed against helping the poor.

8
Government Regulations
  • In 1890, the Senate passed the Sherman Antitrust
    Act, which outlawed any trust that operated in
    restraint of trade and commerce among several
    states.
  • Many big businesses used the Act to their
    advantage saying labor unions restricted trade.
  • The Act began a trend toward federal limitation
    on corporations power.

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10
The Organized Labor Movement
  • In the 1880s and 1890s, factory owners took
    advantage of immigrants who would work for low
    wages.
  • Factory owners often treated the workers like
    machinery.
  • Sweatshops employed thousands of people, mostly
    women, who worked long hours on machines making
    mass-produced goods.

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15
Labor Unions Form
  • Factory workers used collective bargaining to
    argue for better working conditions and higher
    wages.
  • The views of Karl Marx became known as Socialism
    and focused on public rather than private control
    of property and income. (Communist Manifesto)

16
Labor Unions Cont.
  • In 1869, Uriah Smith Stephens founded the Knights
    of Labor to help unite workers across the
    country.
  • Terence V. Powderly led the Knights at their
    height and made them a more public organization.
  • In 1886, Samuel Gompers formed the American
    Federation of Labor (AFL).
  • The AFL was a union for more skilled laborers.

17
Strikes Rock the Nation
  • On May 1, 1886, thousands of workers mounted a
    national demonstration for an 8-hr workday.
  • The Haymarket Riot, three days later, raised
    suspicion about the motives for labor unions in
    the U.S.

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19
The Homestead Strike
  • Henry Frick tried to cut workers wages at
    Carnegie Steel, union called for a strike.
  • Frick hired the Pinkerton police to end the
    strike.
  • Several workers were killed and the factory later
    opened under militia protection.

20
The Pullman Strike of 1894
  • The company made sleeping cars for trains and had
    plans to cut wages by 25 and lay off workers.
  • Pullman fired three workers who attempted to
    negotiate a settlement.
  • Eugene V. Debs represented the workers.
  • The strike affected the mail service and was
    stopped by federal troops.
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