Industrial Revolution Jamboree PPT

1. 1700 - 1900

2. The Industrial
Revolution is when
people stopped making
goods at home and
started making goods in
factories.

4.  Huge populations of
people immigrated to
America from
Europe.
 Workers in newly
industrial America.
 Factories, mills and
farms.

5.  Immigrants come to the USA
for jobs and opportunities.

6.  Working Conditions
were horrible.
 14 hours work days.
 6 days a week.
 No safety features.
 Bosses beat workers.

7.  No unemployment.
 No health insurance.
 No safety codes.
 No building codes.
 No protection for
children.
 Little money.
 Horrible living conditions

11.  Many immigrants lived in tenements.

12.  Worker earned very
little money.
 Extended families
shared small
apartments.
 No sanitation or
running water.

18.  Natural Resources
 Coal, iron, oil, forests, fertile land
 provide material for industrial
growth

19.  Rivers, canals and harbors
were key in development
of Industrial revolution.
 Transport raw materials
to production.
 Move people for work.
 finished products to
market.

20.  Human talent and labor
 1860-1900 population of US
doubled
 massive immigration

21.  To create a large
company, like a railroad,
you need capitol.
 Owner would sell
certificates of ownership
called stocks.
 A corporation is a
company owned by
stockholders.

22. Starts with the
Agricultural
Revolution

23.  Production of farms
grows rapidly.
 Jethtro Tull’s seed drill
changed how crops were
planted.
 Seeds were placed in the
soil.
 Limited wasted seeds.

25.  Rotating your crops in a three fields
system would increase your
production by a third.
 All three fields may be used every
year.

26.  Water power and coal
to fuel new machines.
 Iron ore production to
construct machines.
 Rivers and canals for
inland transportation..
 Harbors from which
merchant ships set sail.

29.  Robert Fulton
invents the
steam engine
which
revolutionized
transportation
and power.

30.  Railroad
transportation
can move tons
of product at a
very affordable
cost.

31.  Manufacturing
could transport
finished products,
raw materials.
 Created thousand
of jobs.
 Also, made travel
for people easier.

33.  People moving to
the city from the
country side.
 Urban - city
 Rural - Countryside.
 Also, the building
up of cities to deal
with populations

34. Reforming the Industrial
World

35.  Government should stay
out of business.
 No regulations for safety,
insurance, building,
working hours or
conditions.
 Without government
interference, business and
the economy would
flourish.

36. “Government should allow free trade – as free flow
of commerce in the world without regulation. This
will make our economies prosper.
- A smart dude.

37.  In his book, the Wealth
of Nations, he supported
Laissez Fair government.
 People should act in their
own self-interest.
 Let competition and
supply and demand force
people to make better
and cheaper products.

38.  An economic system in
which people invest in
business ventures for a
profit.
 The strongest companies
kill off the weak.
 This makes for a strong
country and economy.

39. Born in Scotland, 1835
Bought Iron Mines,
Ships, Foundaries
Drove small
companies out of
By 1900, US Steel
controls steel production

40.  Gospel of Wealth
 Wealthy had obligation to improve society
 Led to significant philanthropy

41. Supported Music and the Arts by
building theatersMuseumsHospitals
wealthy person who donates money to educational and cultural
institutions

42.  Bought oil refinery in
1863 (place to purify oil)
 Created Standard Oil
Trust
 Trust
 many businesses in one
industry controlled by
one company

43.  Purchased oil lines, barrel
manufacturers, railroads
 Eliminated competition
 Could charge any price he
wanted

44.  Leaders of an industry
 Entrepreneurs are people that start businesses
 Use inventions and new technologies to get advantage

45.  Capitalism is based on
competition between businesses
 Free Enterprise
 businesses compete freely
without government interference
 Some believe trusts unfairly
stopped competition

46.  Ruthless driving
opponents out of
business
 When succeed, raise
price and lower
quality of product
 Increased profit by
paying low wages
 Ignored unsafe working
conditions

47.  Darwin’s Theory
 Nature had law of natural selection
 “Survival of the Fittest”
 Only the strong survive
 Social Darwinism
 Applied theory to businesses and
poor
 Justified harsh tactics in business
and not helping poor

48.  Laissez – faire – government took no role in
business
 Corporations only concerned about making
money, not conditions