Industrial Growth

Post on 19-Jun-2015

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Transcript of Industrial Growth

  • 1. Industrial Growth
    • CAUSES
  • Nation has a wealth of natural resources
  • Explosion of inventions improve business & manufacturing efficiency
  • Growing urban population provides workers & markets
  • RRs establish new markets
  • EFFECTS
  • Big business emerges
  • Business consolidates under monopolies & trusts
  • Workers endure harsh conditions
  • Labor unions develop