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Usii.4d notes

Cover the information in VA SOL USII.4d.

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Usii.4d notes

  1. 1. SOL USII.4d: Industrialization<br />Lisa Pennington<br />Social Studies Instructional SpecialistPortsmouth Public Schools<br />
  2. 2. Between the Civil War and World War I, the United States was transformed from an agricultural to an industrial nation. <br />Essential Understandings<br />
  3. 3. Mass production: method of making large quantities of goods quickly and cheaply.<br />Division of labor: each person does one specific part of the whole process. <br />Stockholder: person who buys shares in a company. <br />Limited liability: individual investors risk only the money they have paid for their stocks.<br />Partnership: all the partners of a firm are responsible for debt. <br />Vocabulary<br />
  4. 4. Monopoly: total control of a trade, service, or a product.<br />Trust: legal agreement where several companies come together to regulate production and eliminate competition.<br />Cyrus McCormick: invented the reaper/grain cutting machine in 1831.<br />Mechanization: replace people or animals with machinery.<br />Vocabulary<br />
  5. 5. Department store: combination of many goods under one roof.<br />Chain store: store with branches in many cities.<br />Mail order business: created by Montgomery Ward and Sears-Roebuck; provided a catalog of goods that people ordered by mail. <br />Vocabulary<br />
  6. 6. National markets created by transportation advances.<br />Captains of industry (John D. Rockefeller, oil; Andrew Carnegie, steel, Cornelius Vanderbilt, shipping and railroads.)<br />Advertising.<br />Lower-cost production.<br />Reasons for rise and prosperity of big business<br />
  7. 7. Access to raw materials and energy.<br />Availability of work force due to immigration.<br />Inventions.<br />Financial resources.<br />Factors resulting in growth of industry<br />
  8. 8. Railroads<br />Steel<br />Oil<br />Examples of big business<br />
  9. 9. Examples of big business<br /><br /><br /><br />
  10. 10. Mechanization (e.g., the reaper) had reduced farm labor needs and increased production.<br />Industrial development in cities created increased labor needs.<br />Industrialization provided access to consumer goods (e.g., mail order).<br />Postwar changes in farm and city life<br /><br /><br />
  11. 11. What created the rise in big business?<br />What factors caused the growth of industry?<br />How did industrialization and the rise in big business influence life on American farms?<br />Think About It…<br />