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Questions of the Day: What impact did Industrialism have on the “American Dream” for most Americans? Are “Corporate Elite” (Captains of Industry or Robber Barons?) good for our society?

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Questions of the Day:. What impact did Industrialism have on the “American Dream” for most Americans? Are “Corporate Elite” (Captains of Industry or Robber Barons?) good for our society?. The Impact of Industrialism on Americans?. For Sale: Native American Land!!. - PowerPoint PPT Presentation

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Page 1: Questions of the Day:

Questions of the Day: What impact did Industrialism have on the “American Dream” for most Americans?

Are “Corporate Elite” (Captains of Industry or Robber Barons?) good for our society?

Page 2: Questions of the Day:

The Impact of Industrialism on

Americans?

Page 3: Questions of the Day:

For Sale: Native American Land!!

American settlers desire to move west pushed Native Americans off lands that were traditionally theirs.

Some Native Americans Fought back! Sitting Bull

•Little Bighorn famous Chief Joseph and Geronimo

•After facing losses, this ended Native American attempts to fight back

Page 4: Questions of the Day:

Taking the Trail out West

Homestead Act west, cool A variety of different peoples moved out West

• Whites• Middle Class people from the Midwest, farmers or businessmen, could afford supplies

• African-Americans• Exodusters, dusters

• Chinese• Helped establish railroads across the country

• Europeans• Poor immigrants moved to work on railroads (Irish) or to farm (Germans and Scandans)

Page 5: Questions of the Day:

A few big innovations… Bessemer Process info Communications (Telegraph & Telephone) pic

RR Boom, Autos & Planes Striking Oil “Promethean”Growth - Steam and Electric Power

Page 7: Questions of the Day:

IMPORTANT! Industrial Ideas: Free enterprise (“laissez-faire” -gov.) Corporations w/ Stockholders “Social Darwinism” (Herbert Spencer link)

Vertical and Horizontal Integration (Monopolies- think Andrew Carnegie’s Steel(vertical) and John Rockefeller’s Standard Oil (horizontal)cartoon

Philanthropy (“Noblesse Oblige”?) pic Gates Foundation

Page 8: Questions of the Day:

Government Response (Anti-Trust Movement)? -Federal Government - eventually exerted some authority to regulate RR; Interstate Commerce Act (created: Commission) 1887

Sherman Anti-Trust Act (1890) - meant to regulate monopolies (trusts), but not effective

Because of Financial Panic of 1893 - Populist push for reform influenced Election of 1896

Page 9: Questions of the Day:

Robber Baron or Captain of Industry?Now it’s your turn to decide…Were entrepreneurs like John D. Rockefeller, Andrew Carnegie, or Cornelius Vanderbilt good for society or not?

Are entrepreneurs like Martha Stewart, Donald Trump, Bill Gates, or Oprah good for our society today?

Page 10: Questions of the Day:

Is this an accurate portrayal of

John D Rockefeller and his impact on America?

Page 11: Questions of the Day:

Or this…?

Page 12: Questions of the Day:

Work Environment Changes The New Workplace - machines run by unskilled workers replace many skilled craftspeople - Frederick W. Taylor’s ideas - “Taylorism” from Principles of Scientific. Management. link

Page 13: Questions of the Day:

Workers Unite! Rise of Unions - workers organize to recover loss of

power - collective bargaining used to negotiate for better wages, working conditions, hours

Knights of Labor - open to all - high and low skilled men and women, black and white. Terence Powderly-pushed for 8hr day, equal pay/work, regulate trusts, and end child labor; Mary Harris “Mother” Jones also organized strike. K of L backed RR strike 1877 link

American Federation of Labor - limited to special skilled - led by Samuel Gompers, became effective and nationally prominent, but excluded manyhttp://www.aflcio.org/

link

Page 14: Questions of the Day:

Strike for better Conditions! Haymarket Riot - union strikers protesting for 8hr

day, some anarchists present, Knights of Labor blamed link

Homestead Strike - Carnegie owned, manager wanted more machinery, workers strike, Pinkerton security hired, face off, many die, strike lasts four more months link

Pullman Strike - with Depression of 1893, Pullman Co. cut wages 25-40%, workers strike, Fed. Govt. put postal cars in trains, used Sherman Anti-Trust Act against union link

Page 15: Questions of the Day:

Industrialism and Farmers? (Populism takes root)

Farm Production - grew quickly w/ machinery; pop. up, # farms up, yet farmers were overproducing and not profiting, farmers suffer

National Grange - social and educational organization for farmers - formed cooperatives to buy farmer’s crops and then sell them for higher prices; then shifted to politics - choosing candidates who wanted regulation of RR and Corporations.link

Farmer’s Alliances (including Colored Farmers) - joined to form Populist Party - tried to remove influence of Big Business on Government

Page 16: Questions of the Day:

A Reminder of Federal Government Response.. -Federal Government - eventually exerted some authority to regulate RR; Interstate Commerce Act (created: Commission) 1887

Sherman Anti-Trust Act (1890) - meant to regulate monopolies (trusts), but not effective

Because of Financial Panic of 1893 - Populist push for reform influenced Election of 1896

Page 17: Questions of the Day:

Economic Impact of Industrialism? Silver vs Gold Debate - Gold standard (1873) was questioned, farmers wanted silver for inflation (making it easier to pay off debts); “Silver” candidates were supported by farmers, William Jennings Bryan

Silver Purchase Act - because of Populist push, this act was passed in 1888, increased coinage based on silver

William Jennings Bryan “Cross of Gold” speech at Democratic Convention split Populist Party, so McKinley (Rep) won in 1896 link

Page 18: Questions of the Day:

Back to the previous question.. Was America’s “Industrial Revolution” generally good or bad for Americans? Explain.

What impact would you say the Industrial Revolution had on the American Dream?