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