survival of the fittest government does not interfere with business large companies forced small...

REVIEW FOR TEST ON INDUSTRIALIZATION

Survival of the fittest

Government does not interfere with business

Large companies forced small companies out of business.

SOCIAL DARWINISM

John D. Rockefeller - Oil

Andrew Carnegie – Steel

Cornelius Vanderbilt – Railroads

JP Morgan – banking

Robert Fulton – steam boats

BIG BUSINESS LEADERS

Henry Ford

Assembly line

Increase in production

Increase in demand in steel and rubber

MASS PRODUCTION

Thomas Edison – Light bulb, many inventions

Samuel Morse – Telegraph

Alexander Graham Bell – Telephone

Inventions – helped factories to improve efficiency

INVENTORS

Transported goods to markets

Gave rebates to big businesses

RAILROADS

Horizontal integration – used to reduce competition

TERMS

After the fire – called for laws to regulate safety in factories

TRIANGLE SHIRTWAIST FACTORY FIRE

Paid lower wages

Dangerous working conditions

CHILD LABOR

Late 1800s – American opinion – striking workers didn’t need help

Labor unions developed to improve working conditions

Strike – workers refuse to work

Function – represent workers

LABOR UNIONS

Terence Powderly – Knights of Labor

Union for skilled and unskilled – Knights of Labor

Samuel Gompers – American Federation of Labor

LABOR UNIONS

Haymarket Riot – a setback for labor organizations – violence broke out

Blacklist – a secret listing of undesirable workers by employers

TERMS