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The Industrialization of the United States in the late 1800s

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I. What Factors Caused the U.S. to Industrialize in the late 19 th C?

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Abundant Raw Materials

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Inventions/Inventors Ex: Alexander Graham Bell & Thomas Edison Also: Camera Telegraph Sewing machine Record player X-ray

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Business Savvy (Ex: Andrew Carnegie, JD Rockefeller & JP Morgan)

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Abundant Cheap Labor Ex: Eastern & Southern European Immigration

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Pro Business Governement Ex: Laissez Faire Government Regulation; Railroad Land Grants

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II. Examples of U.S. Industrialization in late 1800s

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Railroads

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Steel

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New Forms of Business Organization

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III. Problems with Industrialization

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Exploitation of workers: low pay & dangerous conditions

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Pollution & Environmental Damage

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Critics Argue that Trusts (monopolies) have too much power -- Undemocratic & Anti-Individual

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Critics Argue: Govt no longer for the people

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Were Industrialists Robber Barons?

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Or were they Captains of Industry?