25.2 a Nation Transformed

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    The Rise of Industry

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    25.1 Introduction

    After the Civil War, new business methods and inventions enabledAmericans to create a much larger industry

    Those employed in these new industries often lived and worked inmiserable and dangerous conditions

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    25.2 A NATION TRANSFORMED

    What was industrialization?

    Industrialization: the birth and growth of businesses that make anddistribute products through the use of machinery

    Who were entrepreneurs?

    someone who starts a business and is good at making money

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    The Growth of Big Business

    Businesses got bigger because of new technology and manufacturingpractices.

    Business tycoons believed in laissez-faire, the theory thateconomies worked best when governments didnt meddle in them

    Businesses were happy to accept the governments subsidies andhigh tariffs

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    The Gilded Age

    Business holders accumulated unbelievable sums of money

    Newly rich filled their palace-like mansions with gaudy decorations

    Mark Twain called this era of showy wealth the Gilded Age

    People were angry at the friendly relations between tycoons andpoliticians, which ended in corruption

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    25.3 Improved Technology

    By 1860, industrialization was already in place

    Trains, machines, and factories led to the decrease of hand madeproducts.

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    What was the age of steel?

    Andrew Carnegie

    This method was invented by Henry Bessemer from England

    Andrew Carnegie discovered a less expensive method of makingsteel

    Steel replaced iron RR tracks and tools because of its durability,

    but it was very expensive

    Because of this cost effective steel making method, Carnegieannounced that Steel is king

    HenryBessemer

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    Steel Making

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    Steel is an alloy madeby combining iron andanother element,usually carbon.

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    Which material would you trust?

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    Iron Tracks? or Steel Tracks?

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    Electric Power

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    Edison is responsible for the age of electricity.

    He also invented the electrical power station

    In 1876 Thomas Edison opened the Invention Factory which

    produced inventions such as the lightbulb, phonograph, motionpicture, etc.

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    The Telephone

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    This invention allowed producers, sellers, and customers tocommunicate efficiently.

    A Alexander Graham Bell invented the telephone in 1976.

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    New Production Methods

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    The assembly line and interchangeable parts were two majortechniques of mass production that allowed workers to produce moregoods per day at less cost.

    By 1900, 4xs as many people worked in factories than theprevious generation.