I. The Role of Railroads in Industrial Growth a. Expansion of American Railroads b. Impact of Railroad Growth

1. Creating New Markets 2. Creating Demand for Supplies 3. The Railroad as Innovator

II. The Role of the Modern Corporationa. Tenets of Modern Managementb. Andrew Carnegie Profile c. Patterns of Corporate Consolidation

Frederick Winslow TaylorFrederick Winslow Taylor

Industrial Industrial management expertmanagement expert

Wrote Wrote Principles of Principles of Scientific Scientific ManagementManagement (1907) (1907)

Advocated “time and Advocated “time and motion” studies in motion” studies in factories in order to factories in order to increase efficiencyincrease efficiency

I. The Role of Railroads in Industrial Growth a. Expansion of American Railroads b. Impact of Railroad Growth

1. Creating New Markets 2. Creating Demand for Supplies 3. The Railroad as Innovator

II. The Role of the Modern Corporationa. Tenets of Modern Managementb. Andrew Carnegie Profile c. Patterns of Corporate Consolidation

Andrew CarnegieAndrew Carnegie

I. The Role of Railroads in Industrial Growth a. Expansion of American Railroads b. Impact of Railroad Growth

1. Creating New Markets 2. Creating Demand for Supplies 3. The Railroad as Innovator

II. The Role of the Modern Corporationa. Tenets of Modern Managementb. Andrew Carnegie Profile c. Patterns of Corporate Consolidation

John RockefellerJohn Rockefeller

"It was the law of nature, the survival of the fittest, that [the small refiners] could not last against such a competitor. Undoubtedly... some of them were very bitter. But there was no band of greedy men plundering them. An able, intelligent, far-seeing organization simply outstripped men in the casual, haphazard way of doing business. That was inevitable.”

~John Rockefeller

fig16_07.jpgfig16_07.jpg

I. The Role of the Modern Corporationa. Tenets of Modern Managementb. Andrew Carnegie Profile c. Patterns of Corporate Consolidation

I. Problems of the New Industrial Working Class1. Taylorism and the De-Skilled Workplace2. Replaceable Workers3. Low Wages4. Rise of Child Labor5. Workplace Dangers6. Declining Hopes for Advancement

Child labor, Lowell, Child labor, Lowell, MassachusettsMassachusetts

Child labor in Georgia, Child labor in Georgia, 19091909

I. Problems of the New Industrial Working Class1. Taylorism and the De-Skilled Workplace2. Replaceable Workers3. Low Wages4. Rise of Child Labor5. Workplace Dangers6. Declining Hopes for Advancement

Dangers of factory workDangers of factory work

I. Problems of the New Industrial Working Class1. Taylorism and the De-Skilled Workplace2. Replaceable Workers3. Low Wages4. Rise of Child Labor5. Workplace Dangers6. Declining Hopes for Advancement