9.25.12

Ch. 6.1:

- Laissez Faire - let it be

-What caused the Industrial revolution to really take off in the late 1800's?

  • lots of resources
  • the government supported businesses
  • Cheap Labor
  • Oil

-What were some new inventions in the late 1800's and what affect did they have on people's lives?

  • Automobile- use of oil and transportation
  • Steel - used for buildings and bridges
  • Light Bulb - made electricity
  • Typewriter- office work
  • Telephone- communication

Ch. 6.2:

-What impact did railroads have on the US?

  • it brought many people together and brought the country to one. Got people involved and excited.
  • each community operated on its own time.
  • made different time zones.

-Why were many people upset with the railroads?

-What did the Grangers or government do to regulate the railroads?


Ch. 6.3:

-Tell me about Andrew Carnegie.

-Tell me about John D. Rockefeller.

-What was Social Darwinism and how did it apply to business?

-Explain how companies formed monopolies(vertical/horizontal integration, trusts).

-How did the government try to regulate business?

-What are labor unions and what is their purpose?

Were labor unions successful in achieving their goals? Explain/Give examples.

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