Posted by 3Jaz=^_^= on September 30, 2011 at 10:13am
Ch. 6.1:-What caused the Industrial revolution to really take off in the late 1800's?Oil and the production of steel.-What were some new inventions in the late 1800's and what affect did they have on people's lives?Light bulb, plow, typewriter. They improved people's lives by making work easier.Ch. 6.2:-What impact did railroads have on the US?Increased trade. booming of towns. lower unemployment, fast travel, safer than wagons, comfort.-Why were many people upset with the railroads?The cost, taking up space, many derailments, time zones.-What did the Grangers or government do to regulate the railroads?They confronted the railroads about how expensive it was to use them. The government began to supervise the railroads: Interstate Commerce Act.Ch. 6.3:-Tell me about Andrew Carnegie.Came to US from Scotland. Worked on Pennsylvania Railroad. Started Carnegie Steel Company in 1899. Very Rich Man. Carnegie Hall. Game his fortune away. Didn't like rich people.-Tell me about John D. Rockefeller.Created a monopoly: when one business has complete control over the production of a product. founded medical institute that found the cure for yellow fever. University of Chicago.-What was Social Darwinism and how did it apply to business?The success and failure in business were governed by natural law and no one had the right to intervene.-Explain how companies formed monopolies(vertical/horizontal integration, trusts).A company buys out their competitors or merge with other companies to expand-How did the government try to regulate business?-What are labor unions and what is their purpose?created for keeping workers from being over worked and under paid. They were workers in the factories to make higher wages.-Were labor unions successful in achieving their goals? Explain/Give examples.Yes. American Federation of Labor--Section 7.1 is my section--
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