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The Gilded Age “All that glitters is not gold”

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Page 1: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

The Gilded Age

“All that glitters is not gold”

Page 2: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Topics or questions

Definitions, explanations

Quick Answer Questions

The Gilded Age

Page 3: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Factors of Industrialization

1. Natural Resources

2. Labor Supply

3. Demand 4. Transportation Network

5. Technology

6. Venture Capital

7. Role Of Government

laissez-faire

Page 4: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Quick Answers

1. Rank the factors of industrialization from most important to least.

1. 2. 3. 4. 5. 6. 7.

2. Then explain why your 1st choice was the most important factor in spurring industrialization in America.

Page 5: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

The Age of Railroads

transcontinental railroad

Homestead Act

Pacific Railways

Act

14th Amendment

Role of government

Page 6: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

The Age of Railroads

Grange

Munn v. Illinois

r laws

Page 7: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Quick Answers

3. Looking at the map, why might cities such as Seattle, San Francisco, and Los Angeles become important cities along the transcontinental railroad lines?

Page 8: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age
Page 9: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Rockefeller Vanderbilt

Morgan

Robber Barons

trusts

Social Darwinism

Page 10: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Methods of Business Methods of Business CombinationsCombinations

Horizontal Integration – JD Rockefeller

VERT ICAL

INTEGRAT ION

ANDREW

CARNEG IE

Marketing

Transportation

Processing

Production

Page 11: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Innovations•Standardized PartsStandardized Parts•Assembly LineAssembly Line

Taylorism – scientific management

Page 12: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Economies of Scale

Page 13: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

The Boom/Bust Business Cycle the US Economy in the Gilded Age

Peak

Trough

Contraction

Expansion

The Business CycleDepression

Panic

Recession

Prosperity

Recovery

Page 14: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Quick Answers

4. Which concept is described by this passage?

A. Socialism B. Vertical integration C. Social DarwinismD. laissez-faire

The growth of a large business is merely

survivalof the fittest. The

American beauty rose can be produced in the

splendor and fragrance which bring cheer to its

beholder only by sacrificing the early buds which grow up around it.

This is not an evil tendency in business. It is merely the working out of a law of nature and a law

of God. . . .” -John D. Rockefeller, Jr.

Page 15: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Working conditions

pollution

sweatshop

Page 16: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age
Page 17: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Quick Answers

5. Who does the man in the chariot represent?

6. Who is pulling the chariot?

7. What is the cartoonist’s message?

Page 18: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Labor’s response to Big Business

Sherman Antitrust

Act

1890

Page 19: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

National Labor Union

8 hr/day

Knights of

Labor

Page 20: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Two kinds of Unions:1. Crafts

American Federation of Labor

Samuel Gompers

Strikes

Page 21: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

2. Industrial

Two kinds of Unions:

Eugene V. Debs

American Railway Union

Page 22: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Socialism

Government control of business

Industrial Workers of the

World

Page 23: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Quick Answers

8.Which type of union would all of the above workers be allowed to join?

A.American federation of Labor

B.American Railway union

C.Industrial union

D.Crafts union

▪ coal pickers

▪ coal freight workers

▪ mine diggers9. What made it

illegal to form monopolies in 1890?

Page 24: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Strikes turn violent

Great Strike of 1877

Page 25: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Strikes turn violent Homeste

ad Strike

Pullman Strike

Page 26: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Women Mothe

r Jones

Triangle Shirtwaist

Factory Fire

Page 27: The Gilded Age “All that glitters is not gold” Topics or questions Definitions, explanations Quick Answer Questions The Gilded Age

Quick Answers

10. What side did government usually take in a strike?

11. Give one example to support your answer.

12. You are asked to join a union in 1890 so that you can work a 10 hour day (down from 14 hours), what do you do? Why? What might happen next?