write in your table of contents: #6 robber barron matrix #7 towards industrialism notes
TRANSCRIPT
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Write in your Table of Contents: #6
Robber Barron Matrix
#7 Towards Industrialism Notes
It’s a good day to be a HAWK!
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History Alive Slide Lecture Slides
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World’s 1st “skyscraper” built in 1885 in Chicago
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The Brooklyn Bridge in New York City, 1883
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Andrew Carnegie
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Industry Key Person Significant Facts
Steel Andrew Carnegie
•1883-Brooklyn Bridge < symbol of American transition
• Bessemer process < turn iron into steel• Skyscrapers < transformed cities
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Pioneer Run, Pennsylvania
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John D. Rockefeller
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Industry Key Person Significant Facts
Oil John D. Rockefeller
• Standard Oil (horizontal consolidation)
• 1st successful oil well drilled in 1859
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Cornelius Vanderbilt
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Industry Key Person Significant Facts
Railroad Cornelius Vanderbilt
• American Railway Assoc. divided the nation into 4 time zones
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“Captains of Industry”
vs.
“Robber barons” – controlled the major industries of the
nation and much of American Society
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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
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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.
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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
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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