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Industrialization. Industrialization. Caused by natural resources B lack Gold- Oil Bessemer process- removes impurities in steel. Inventions. Thomas Edison Created the incandescent light bulb and the direst current- travels short distances George Westinghouse
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Industrialization • Caused by natural resources • Black Gold- Oil • Bessemer process- removes impurities in steel
Inventions • Thomas Edison • Created the incandescent light bulb and the direst current- travels short distances • George Westinghouse • Created an alternating current- travel long distances
Inventions • Charles Hires- pharmacist, root beer • Samuel Morse- Invented the telegraph and Western Union
Inventions • Alexander Graham Bell- Invented the telephone • John & Washington Roebling- Built the Brooklyn Bridge- a suspension bridge
Why Industrialization? • Natural resources • Population • Free Enterprise- Laissez faire
Railroads • Leland Stanford- "Last Spike" in Promontory, Utah on May 10, 1869, uniting the transcontinental railroad. • Cornelius Vanderbilt- made wealth in railroads
Railroads • Land Grants • Gov. offered transcontinental RR companies land along its right-of-way to encourage rapid construction of tracks
Railroads • Robber Barons- RR tycoons that built fortunes by swindling people and stocks • Jay Gould- most famous robber baron
Industry Consolidation • Andrew Carnegie- U.S. Steel • Gospel of Wealth • Vertical Integration • Horizontal Integration
Industry Consolidation • John D. Rockefeller- Standard Oil • Used a trust to gain control of the oil industry in America
Industrial Labor • Piecework- pay based upon production • Fined or fired for no reason • Child Labor- no rights, harsh conditions, long hours