1 / 12

The Growth of Industry in the U.S. (1865-1914 )

Explore the transformative period of the 2nd Industrial Revolution in the US, marked by profound changes in technology, economy, and society. Discover the factors and impacts of industrialization through the lens of land, labor, capital, connections, and technology. Witness how key inventions revolutionized communication, transportation, and production processes, propelling America into a new era of industrial prowess.

williet
Download Presentation

The Growth of Industry in the U.S. (1865-1914 )

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Growth of Industry in the U.S. (1865-1914) The 2nd Industrial Revolution

  2. What is a Revolution? • A dramatic change in the way things are done, belief systems, government, social orders, etc.

  3. Forms of Revolution • Political • Economic • Agricultural • Social • Technology • Industrial

  4. Industry • refers to an area of economic production focused on manufactoring which involves large amounts of Capital investment before any profit can be realized. • Also: may refer to a group of businesses which produce the same product • i.e. “The automobile industry”

  5. Industrialization • The process by which a country develops from a pre-industrial economy to an industrial economy

  6. Factors Necessary For Industrialization • Land • Labor • Capital • Connections • Technology

  7. Land • The physical land and the resources that are found on that land • Gold • Silver • Copper • Oil • Lumber • etc.

  8. Labor • The workers to produce goods and services

  9. Capital • Money to invest in the start of new businesses

  10. Connections • Transportation and communication networks that connect businesses with their consumers • Examples: • Railroads • Highways, Roads, Bridges • Communication Networks • Telegraph • Telephone • Internet

  11. Technology • The application of knowledge towards the development of new ideas • Development of new inventions

  12. Before 1865 No indoor electricity No refrigeration Communications were slow…it took 10 days for a letter from NY to reach Chicago After 1865 Money used by companies during the Civil War was used to invest in the development of new technology and the growth of industry Technology

More Related