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America in the Late 19th Century
The Rise of Big Business
(Gilded Age)
Outline
I. Goals and Objectives
II. Terms
III. Rural United States 1800s
IV. The Foundation of Industrialization
A. Economic changes
B. Roots in Technological Innovation
V. The Corporate Revolution
A. Entrepreneurs
B. The Example of Standard Oil
VI. Economic Repercussions and Changes
IV. Conclusions
Goals and Objectives
• Goals:
• Student understand the of big business role in shaping the
economy and politics.
• Objectives:
• Students will be able to identify, interpret, and reflect
upon information presented in the classroom lecture to fill out
guided lecture notes.
• Students will be able to identify and verbalize the post-
reconstruction big ideas surrounding the expansion of Industry,
flood of immigrants, and the transformation of living conditions.
Terms
•Entrepreneurs
•Titians of Industry
•Robber Barons
•Holding Company
•Monopoly
•Vertical Integration
•Horizontal Integration
•Trusts
Rural United States 1800s
• Population Diversity and Distribution of living
• In the early 1800s, the US’s population was approximately five million
• 4.5 million lived on family farms in rural United States
• Only 7 cities had populations larger than approximately 10,000 people.
• New York: 60,500 people
• Philadelphia: 41,000 people
• Boston and Baltimore: 25,000 people
• Social Conditions
• Life, for the bulk of the population, was the life of a farmer.
• People worked in villages and small towns. In south most people lived on
large family owned plantations.
• News was spread by travelers and goods were only sold in their local
area.
• Education was poor and mostly reserved for the rich who could afford
private tutors or send children to schools and universities.
Decline of Agriculture
Measured by Rural/Urban Population 1870 and 1900
Guiding Questions
What major factor contributed to peoples migration to cities?
A. Access to the Great Lakes for european trade
B. New Job opportunities in factories
C. Farming was going out of style
D. Cities offered
Looking at the maps from the previous page, Why were most of the emerging cities in the
Northeast?
A. Near current trade routes, easier to transport goods
B. Access to Large bodies of water
C. Proximity to pre- existing cities (philadelphia, Boston, New York)
D. Wealth of natural Resources
Technological Innovation
Lynn, MA Shoe
Factory, 1895
Michigan
Central
Railroad, 1900
The Corporate Revolution
The Gilded Age
1870-1900
Why did they call
it the Guilded
Age?
Entrepreneurs!
Andrew Carnegie –
US Steel
Gustavus Swift –
Swift Meatpacking
J.P Morgan-
Banking
Standard Oil
John D. Rockefeller, 1885
Economic Repercussions and Changes
Andrew
Carnegie and
Steel
Manufacturing
The connection between
Steel production and
Railroads
Holding
Companies
Monopoly
Guiding Questions
What is horizontal Integration?
What company did George M. Pullman found?
A. A strategy to take over the market for
a product by buying similar companies
that produces supplies used in your
manufacturing.
A. A strategy to increase your market
share and eliminate competition by
taking over a similar company that
produces alike products.
A. Standard Oil
A. Ford Motor Company
A. Credit Mobilier
A. Bessemer Process
Conclusions
On a Separate Sheet of paper respond to the following prompt:
Describe one positive and one negative impact that the
expansion of industry had on the economy.
B e p r e p a r e d t o s h a r e y o u r a n s w e r ! ! !

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Industrization the rise of big business

  • 1. America in the Late 19th Century The Rise of Big Business (Gilded Age)
  • 2. Outline I. Goals and Objectives II. Terms III. Rural United States 1800s IV. The Foundation of Industrialization A. Economic changes B. Roots in Technological Innovation V. The Corporate Revolution A. Entrepreneurs B. The Example of Standard Oil VI. Economic Repercussions and Changes IV. Conclusions
  • 3. Goals and Objectives • Goals: • Student understand the of big business role in shaping the economy and politics. • Objectives: • Students will be able to identify, interpret, and reflect upon information presented in the classroom lecture to fill out guided lecture notes. • Students will be able to identify and verbalize the post- reconstruction big ideas surrounding the expansion of Industry, flood of immigrants, and the transformation of living conditions.
  • 4. Terms •Entrepreneurs •Titians of Industry •Robber Barons •Holding Company •Monopoly •Vertical Integration •Horizontal Integration •Trusts
  • 5. Rural United States 1800s • Population Diversity and Distribution of living • In the early 1800s, the US’s population was approximately five million • 4.5 million lived on family farms in rural United States • Only 7 cities had populations larger than approximately 10,000 people. • New York: 60,500 people • Philadelphia: 41,000 people • Boston and Baltimore: 25,000 people • Social Conditions • Life, for the bulk of the population, was the life of a farmer. • People worked in villages and small towns. In south most people lived on large family owned plantations. • News was spread by travelers and goods were only sold in their local area. • Education was poor and mostly reserved for the rich who could afford private tutors or send children to schools and universities.
  • 6. Decline of Agriculture Measured by Rural/Urban Population 1870 and 1900
  • 7. Guiding Questions What major factor contributed to peoples migration to cities? A. Access to the Great Lakes for european trade B. New Job opportunities in factories C. Farming was going out of style D. Cities offered Looking at the maps from the previous page, Why were most of the emerging cities in the Northeast? A. Near current trade routes, easier to transport goods B. Access to Large bodies of water C. Proximity to pre- existing cities (philadelphia, Boston, New York) D. Wealth of natural Resources
  • 8. Technological Innovation Lynn, MA Shoe Factory, 1895 Michigan Central Railroad, 1900
  • 9. The Corporate Revolution The Gilded Age 1870-1900 Why did they call it the Guilded Age?
  • 10. Entrepreneurs! Andrew Carnegie – US Steel Gustavus Swift – Swift Meatpacking J.P Morgan- Banking
  • 11. Standard Oil John D. Rockefeller, 1885
  • 12. Economic Repercussions and Changes Andrew Carnegie and Steel Manufacturing The connection between Steel production and Railroads Holding Companies Monopoly
  • 13. Guiding Questions What is horizontal Integration? What company did George M. Pullman found? A. A strategy to take over the market for a product by buying similar companies that produces supplies used in your manufacturing. A. A strategy to increase your market share and eliminate competition by taking over a similar company that produces alike products. A. Standard Oil A. Ford Motor Company A. Credit Mobilier A. Bessemer Process
  • 14. Conclusions On a Separate Sheet of paper respond to the following prompt: Describe one positive and one negative impact that the expansion of industry had on the economy. B e p r e p a r e d t o s h a r e y o u r a n s w e r ! ! !