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Industrialization

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This powerpoint covers the Second Industrial Revolution in America and discussed the Giled Age.

This powerpoint covers the Second Industrial Revolution in America and discussed the Giled Age.

Published in: Education, Business, Career

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  • 1. • Gilded Age means that America looked good from the outside but within its borders social problems were abundant • Social problems included: overpopulation, rampant immigration, unsafe factory jobs, child labor, racism • the economy functioned under unrestrained laissez-faire capitalism • Big business relied on efficiency to produce more and more consumer goods
  • 2. • 1800s business men realized they could gain more control of their industry with the help of modern technology • Many of these businessmen bought a lot of the companies that were similar to theirs merging them into trusts • trusts issued stocks or shares in the company, that brought in new capital to fund additional expansion • By 1904, about 300 of these companies had absorbed more than 5,000 once-independent businesses
  • 3. • Andrew Carnegie- rose from poverty and ultimately gained control of the entire US Steel industry. Gave millions of dollars to advance education, establish public libraries, and promote world peace. • Henry Ford-inventor of the Model T, and revolutionized modern America with the automobile. Also revolutionized the factory lifestyle with the production of the Assembly Lines.
  • 4. • John D. Rockefeller- the founder of US Standard Oil. By 1880 he controlled 90 percent of American Oil. • J.P Morgan-used his banking knowledge to turn US companies into industrial giants
  • 5. 1. How did you feel working as a craftsperson at the beginning of this activity? 2. How did you feel working on the assembly line? 3. What factors made producing the drawing on the assembly line difficult or frustrating? 4. How did members of your group cope with the stress or monotony? 5. What made you want to work hard? What made you not want to work hard? 6. How did you feel about the teacher as the factory manager? 7. How did your attitude or feelings change as the activity progressed? 8. Did you prefer working as an individual craftsperson or
  • 6. • four principles that go into the assembly lines are: interchangeable parts, continuous flow, division of labor, and reducing wasted effort. • interchangeable parts meant making the individual pieces of the car the same every time • Conveyor belts helped with continuous flow • Every worker had one specific job to do • Ford's manufacturing principles were adopted by countless other industries • The assembly lines changed the nature of factory life and American business