American American Industrialization Industrialization
I. What Factors I. What Factors Caused the US to Caused the US to
Industrialize?Industrialize?
Abundant Raw Materials
Homestead Act of 1862Homestead Act of 1862
LAND
GRANTS
Business Savvy & Competition: Business Savvy & Competition: “Robber Barons”“Robber Barons”
Abundant Cheap Labor
Philosophies of Economic ExpansionPhilosophies of Economic Expansion
Manifest Destiny Manifest Destiny
Laissez – Faire CapitalismLaissez – Faire Capitalism
Social DarwinismSocial Darwinism
Examples of US IndustrializationExamples of US Industrialization
Steel Production
II. Problems with II. Problems with IndustrializationIndustrialization
Exploitation of workers: low pay, dangerous conditions, child labor
Pollution & Environmental Damage
vertical vertical integration integration
horizontal horizontal consolidationconsolidation
Consolidation of PowerConsolidation of Power
“Trusts” have too much power -- Undemocratic & Anti-Individual
”
Labor UnionsLabor Unions
• Knights of Labor• American Federation of Labor• Industrial Workers of the World
Workers Respond: 1877Workers Respond: 1877
The Great Strike
Haymarket Affair 1886Haymarket Affair 1886
18941894
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