Monday- Went over worksheet, went over extra credit expectations and watched video.
Tuesday- Watched Video/ went over worksheets
Wednesday- Watched Video
Thursday- finished video and went over workseets
Friday- Finished Worksheet 8 and 9.
What Helped the Industrial Resources
- Coal
- Copper
- Lead
- Molybdenum
- Phosphates
- Rare earth elements
- Gold
- Iron
- Uranium
- Zinc
- Timber
- Natural Gas
Goverment Helped Buisness
Laissez Faire- the goverment is going to stay out of buisness/ grow unheated no regulation or no rules
Lots of People- Growth of Major cities were huge
Growing Population- Provided Markets for Manufacutured Goods
Why did cities grow so fast
- Immigrants
- Farmers moved to the city
- African Americans moved to the cities after the Civil War
- Cities Offered more jobs and oppurtunities
- Cities offered more entertainment and culture
-Immigrants Provided Cheap Labor
- Oil Boomed- it fueled it
- Bessemer Proccess- Cheaper way to make steel
Various Inventions
- Electric Light Bulb- Edison
-TypeWriter- CHristopher Sholes
-Telephone- Alexander Graham Bell
-Railroads- transports all resources to factories took to market/ farmers didn't like it overcharged them
- Captains of Industry
- Corneilus Vanderbilt, John Rockfeller, Andrew Carnegie, JP Morgan, Henry Ford
Monoplies- When a company in a specfic field tries to get rid of all their competiton and control as close to 100% of the industry as possible
Why are they bad
- Lead to higher prices
- can lead to poorer products due to lack of competiton
- Less Choice for the consumer
- Can drive smaller buisnesses out of business leading to unemployment
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