Monday- Notes- Chapter 5
Tuesday- notes on chapter 5 and 6
Wednesday- finishing 5 and 6
Thursday- test
Friday- presenting today chapter 7
Section 2: Settlers moved west to the great plains. Railroads got 10 square miles for every mile of track. Homestead act was where the government offered 160 acres of land to farmers. People had to live in saud houses. they were lonely. Native american attacks.Long drives. (Cattle drives)
Section 3: issues farmers faced- crop prices dropped, good land was hard to find, railroads overcharged farmers. Oliver Hudson Kelly formed a group to help educate farm families and public about the problems farm families had to face. The people's party was a group with a goal to give people, farmers, and workers more of a say within the government. They eventually fell apart and failed.
Chapter 6- Section 1: Industrial revolution. Support from the government for businesses. Growing urban population. Wealth of natural resources. Cheap labor. Rail roads, and roads were built. Technological improvements. Support from the government for businesses help the industrial revolution because they didn't have many rules and left them alone. (Laissez-faire)Steel was made more quickly by the Bessemer steel press. Pittsburgh Steelers got their name from steel. Creation of machines replaced human workers, and improved life. They used steam as power. Light bulb, people could work after dark.
Ch. 6.2:
-What impact did railroads have on the US? - they transported people and goods across the nation. strengthened industries and businesses.
-Why were many people upset with the railroads?- they weren't on time and farmers lost their land so railroads could be built.
-What did the Grangers or government do to regulate the railroads?- fought the railroad abuse and the supreme court upheld the law. Interstate Commerce Act- re-established the right of federal government to supervise railroad activities.
Ch. 6.3:
-Tell me about Andrew Carnegie.- came to america in 1848, started steel business in 1873, one of the first billionaire after the civil war, supported charities. Carnegie steel company name
-Tell me about John D. Rockefeller.- started standard oil company, developed monopoly in the oil company, would lower prices to increase demand, when the competition was out he would raise the prices. Company name- Rockefeller
-What was Social Darwinism and how did it apply to business?- was a collection of theories of natural selection- strong survive - weak die
-Explain how companies formed monopolies(vertical/horizontal integration, trusts). -they would buy stock of other companies and the original company would run out of stock and go out of business. Trust agreements- companies would for trusts with each other.
-How did the government try to regulate business?- made trust agreements illegal and gave up trying to enforce the law because 7 out of 8 cases were dropped or they loss.
-What are labor unions and what is their purpose?- long hours of work,people working in factories that fought against the boss, wanted more wages no child labor and safer work place
Were labor unions successful in achieving their goals? Explain/Give examples.- yes more in the union the better
Comments
Good!