Industrialization

Late 1800s

The large-scale introduction of manufacturing, advanced technical enterprises, and other productive economic activity into an area, society, country.

Oil

Steel

Brooklyn Bridge Skyscrapers

He was an inventor who invented the phonograph.

He invented the telephone and he had started the American Telephone and Telegraph Company which is known as AT&T today. It made communication easier.

Inventions such as typewriters and telephone affected "office work" opening up new jobs for women.

Jobs done at home were now being professionally done in businesses. Industrialization lead to improvements in standard living.

A modern movement for the protection of the consumer against useless, inferior, or dangerous products, misleading advertising, unfair pricing.

crossing continents

Central Pacific RR Union Pacific RR

Chinese immigrants

The Chinese were only payed 35 dollars a month. Other than the white workers that got paid 40-60 dollars a month.

Stock holders raised prices.

RR mismanagement, overbuilding, abuse and competition led many RR to bankruptcy causing an economic depression.

When trade or industry are controlled by one private owner.

A policy where the people do their own thing without the government interfering. (means hands off)

One company has complete control over an industry's production, quality, wages, and prices charged.

Group of people who run separate companies as one large cooperation.

The process of working together to the same end.

The goods that are sold in a business.

A cooperation whose sole purpose is to buy out the stock of other companies.

Where all public property is owned and everyone is payed according to their abilities and needs.

He was the man that came up with idea of communism.

Someone who uses anti competitive business practice to become powerful and rich.

Business owners who became wealthy and gave back to the people or country.

He was in the steel industry and he donated over 500 million dollars to the community.

He was in the oil industry and he was a philanthropist.

He was in the steel industry and he used holding companies to buy other businesses.

Buying all supplies.

Buying all companies.

Because of working conditions and all the dangerous things in the factories.

To protect the rights of workers and make sure that wages,

Metal workers and RR workers.

Was the largest and one of most important American labor organizations.

It was a bombing that took place at a labor demonstration.

Steel workers protested against Carnegie's Steel Company to protest a proposed wage cut.

It forced people to live in a certain area and only allowed the people to buy from certain stores.

That they wouldn't be employed again by any company because of untrustworthy actions.

Gave the government the right to regulate RR

Illegal to make trusts.