Standard 11 SSUSH11 The student will describe the economic, social, and geographic impact of the...

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Transcript of Standard 11 SSUSH11 The student will describe the economic, social, and geographic impact of the...

Standard 11

SSUSH11 The student will describe the economic, social, and geographic impact of the growth of big business and technological innovations

after Reconstruction.

RailroadsO Began to grow quickly after the Civil

War

SteelO Made by combining iron and carbon

Big BusinessO Rapid industrial growth after the CW

Development of the West

O Trains make it easier to move west

Transcontinental RRO By this time there are 3 TCRR

Chinese LaborO Needed jobs since they were not

allowed to mine for gold

John D. RockefellerO Standard Oil Company – kerosene

Standard Oil CompanyO Created a new cheap way to refine

oil to make kerosene

MonopoliesO Complete control of a product

TrustsO Many companies come together

Thomas EdisonO More than 1,000 patents

Electric Light bulbO Would change America forever

RailroadsO Began to grow quickly after the Civil

WarO Began to criss-cross the country,

taking supplies to every corner of America

SteelO Made by combining iron and carbonO Allowed taller and stronger

structures to be built

Big BusinessO Rapid industrial growth after the CW

led to more investmentsO Business is no longer small family

businesses

Development of the West

O Trains make it easier to move westO More raw materials are within reach

now

Transcontinental RRO By this time there are 3 TCRRO The USA had more RR track than the

rest of the world, combined

Chinese LaborO Needed jobs since they were not

allowed to mine for goldO Given the dangerous jobs

John D. RockefellerO Standard Oil Company – kersoseneO Created a monopoly, made deals

with RRs to transport his oil

Standard Oil CompanyO Created a new cheap way to refine

oil to make keroseneO Became the largest producer of

kerosene

MonopoliesO Complete control of a productO Allows a company to set whatever

price they want to charge

TrustsO Many companies come togetherO A way around the anti-monopoly

laws

Thomas EdisonO More than 1,000 patentsO Not much formal education

Electric Light bulbO Would change America foreverO Challenges Standard Oil as the light

source for America

RailroadsO Began to grow quickly after the Civil

WarO Began to criss-cross the country, taking

supplies to every corner of AmericaO Caused more demand for goods all over

the USO Needed a way to keep trains from

crashing into each other – time zonesO Cornelius Vanderbilt owns more RR than

anyone

SteelO Made by combining iron and carbonO Allowed taller and stronger

structures to be builtO Bessemer Process created stronger

steel O Andrew Carnegie becomes the major

Steel produce, from Pittsburgh, Penn.

Big BusinessO Rapid industrial growth after the CW

led to more investmentsO Business is no longer small family

businesses O Business leaders began to combine

resources O Investments and huge resources

turned the US into an economic powerhouse, globally

Development of the West

O Trains make it easier to move westO More raw materials are within reach

now O the network of trains created small

towns throughout the westO These towns will become cities as

the RRs bring more people and resources

Transcontinental RRO By this time there are 3 TCRRO The USA had more RR track than the

rest of the world, combinedO Allowed people to get products from

anywhere in the US cheaplyO The ability to reach any corner of the

US caused factories to invent mass production to meet the demands of the consumer

Chinese LaborO Needed jobs since they were not

allowed to mine for goldO Given the dangerous jobsO Not accepted by most peopleO They were very different

John D. RockefellerO Became the richest man in the

CountryO Standard Oil Company – kersoseneO Created a monopoly, made deals

with RRs to transport his oilO Would eventually give millions to

help people, and is credited with shaping America

Standard Oil CompanyO Created a new cheap way to refine

oil to make keroseneO Became the largest seller/producer

of kerosene in the CountryO Caused prices to fall from 30 cents a

Gal. to 8 cents a Gal.O A by product of making kerosene is

gasoline

TrustsO Many companies come togetherO A way around the anti-monopoly

lawsO Will eventually become illegal- laws

are put in place to keep this from happening

O Sherman Anti-Trust ActO Clayton Anti-Trust Act

MonopoliesO Complete control of a productO Allows a company to set whatever

price they want to chargeO Become illegal – laws are put into

place to keep this from occurring

Thomas EdisonO Not much formal educationO More than 1,000 patentsO Created the electric light bulb, at

Menlo ParkO Used Direct Current (DC) power

Electric Light bulbO Would change America foreverO Challenges Standard Oil as the light

source for AmericaO This caused a problem for JDR and

his kerosene company

Motion PicturesO T. Edison creates one of the first

devices to allow people to view moving images.

O This revolutionizes mediaO People are fascinated by this

technology

PhonographO Edison was asked to create a device

similar to the Bell telephoneO He ended up creating a device that

recorded soundsO This changes media forever

Impact on American Life

O It is difficult to measure the impact of such inventions on American life

O But it changes America foreverO People are now able to enjoy life

differentlyO It gives people a way to “escape”

from life for a while