24
The Industrial Revolution By Brad Harris, Grand Prairie HS SE: US 3B, 3C, 24B

Unit 1 powerpoint #3 (the gilded age industrialization)

Embed Size (px)

DESCRIPTION

 

Citation preview

Page 1: Unit 1 powerpoint #3 (the gilded age   industrialization)

The

Industrial

Revolution

By Brad Harris,

Grand Prairie HSSE: US 3B, 3C, 24B

Page 2: Unit 1 powerpoint #3 (the gilded age   industrialization)

An_Introduction_to_the_American_Industrial_Revolution

Page 3: Unit 1 powerpoint #3 (the gilded age   industrialization)

Grover ClevelandChester A. Arthur Benjamin HarrisonJames Garfield

During the Gilded Age, it can be argued that the President of the United States had less power than the business leaders

The policies and actions of the U.S. government during the Gilded Age gave large corporations the freedom to do most whatever it wanted, leading to an industrial boom in the U.S.

Page 4: Unit 1 powerpoint #3 (the gilded age   industrialization)

Free Enterprise SystemThe free

enterprise system

is the economic

system in which

citizens are free to

run a business the

way they want

The system is based on the

laissez-faire theory, meaning a

business will succeed or fail and

the government will not interfere

Page 5: Unit 1 powerpoint #3 (the gilded age   industrialization)

The free enterprise system allowed the United States

to become a world industrial giant in the late 1800s

and led to numerous new inventions

Free Enterprise System

Page 6: Unit 1 powerpoint #3 (the gilded age   industrialization)

Bell develops telephoneThe free enterprise system

helped to lead to new inventions

by private businesses. One of

the most dramatic inventions of

the late 1800s was in the field of

communications.

In 1876, Alexander Graham Bell developed

the first telephone, which revolutionized

communication by increasing the scale and

speed of nationwide communications.

"Mr. Watson -- come here -- I want to see you."

Page 7: Unit 1 powerpoint #3 (the gilded age   industrialization)

Edison and the Light BulbIn 1879, American inventor Thomas

Edison developed the first light bulb.

The invention led to the wide spread

use of electrical power and factories

being able to run at night.

Edison is considered one of the most

prolific inventors in history, holding

1,093 U.S. patents in his name.

This in turn produced

more jobs and more

product, which led to

lower prices.

Page 8: Unit 1 powerpoint #3 (the gilded age   industrialization)

Innovations_of_the_Gilded_Age

Page 9: Unit 1 powerpoint #3 (the gilded age   industrialization)

The Bessemer Process

The Bessemer process was the first inexpensive

industrial process for the mass-production of steel.

By the late 1880s an immigrant by the name of Andrew

Carnegie used this process to become a millionaire

Page 10: Unit 1 powerpoint #3 (the gilded age   industrialization)

Entrepreneurs & Industrialists like Cornelius Vanderbilt, Andrew Carnegie, John D. Rockefeller and J.P. Morgan were

able to build great fortunes during the Gilded Age

Captains of Industry

The government created policies to support the industrialists• High tariffs led to lower prices for American made goods

• There were very few government regulations on big business• Government supported owners over workers in labor disputes

Oil

John D. Rockefeller

Steel

Andrew Carnegie

Railroads

Cornelius Vanderbilt J.P. Morgan

Banking

Page 11: Unit 1 powerpoint #3 (the gilded age   industrialization)

Big_Business__Rockefeller__Carnegie

Page 12: Unit 1 powerpoint #3 (the gilded age   industrialization)

Captains of Industry …

…or Robber Barons?

Page 13: Unit 1 powerpoint #3 (the gilded age   industrialization)

Carnegie Mansion

Page 14: Unit 1 powerpoint #3 (the gilded age   industrialization)

Vanderbilt Chateau

Page 15: Unit 1 powerpoint #3 (the gilded age   industrialization)
Page 16: Unit 1 powerpoint #3 (the gilded age   industrialization)
Page 17: Unit 1 powerpoint #3 (the gilded age   industrialization)

The Gospel of WealthMany Christians rejected

Social Darwinism because

it contradicted the Bible

Many believed that those who profited

from society owed something in return.

This philosophy of giving back to society

became known as the Gospel of Wealth.

The Captain of Industry who most

believed in the Gospel of Wealth was

Andrew Carnegie, who gave millions

of dollars to numerous charities

Page 18: Unit 1 powerpoint #3 (the gilded age   industrialization)

©CSCOPE 2008 18

During the Gilded Age, the U.S. economy went through periods

of growth and depressions, due to tariff and currency policies

1870-1900

Major depressions occurred in 1873 and 1893

Farmers were especially hard hit. Since the U.S. put high tariffs

on imports, Europe refused to buy our agricultural products

Page 19: Unit 1 powerpoint #3 (the gilded age   industrialization)
Page 20: Unit 1 powerpoint #3 (the gilded age   industrialization)

©CSCOPE 2008 20

While wealth and affluence were

growing and the middle class was

rising, the number of poor were also

growing

The poor (immigrants,

minorities, unskilled laborers) flooded to the cities looking for work in

the factories

Farmers were greatly impacted by increased production (which seems like a good thing), but it drove prices down.

Page 21: Unit 1 powerpoint #3 (the gilded age   industrialization)

“Rags to Riches”Immigrants came to America with the

hope they could become rich and

successful if they worked hard enough

Novelist Horatio Alger

wrote stories where the

main character went

from “rags to riches.”

The belief that people who worked hard

could raise their standard of living was

known as “Individualism”

Rich Uncle Pennybags

Going from “rags to riches” became known as achieving “The American Dream”

Page 22: Unit 1 powerpoint #3 (the gilded age   industrialization)

Social DarwinismNot everyone was able to achieve the American Dream

Many people ended up broke trying to achieve wealth

The belief that things that can not adapt to their environment

will eventually die out is known as Social Darwinism

“Survival of the fittest”

Page 23: Unit 1 powerpoint #3 (the gilded age   industrialization)

Survival_Theories__Social_Darwinism_and_Eugenics_

Page 24: Unit 1 powerpoint #3 (the gilded age   industrialization)

Coming

Up Next…

Immigration during

the Gilded Age