Monday: Notes
- Populist Movement- Omaha Platform- 1890's
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- Helped farmers out of debt
- Farmers were important - needed.
- Gives people a greater voice in government
- Give people more power
- Increase money supply in circulation
- Farmers want more money
- Graduated income tax - 16th amendment
- W/O income tax, the government was small. The extra money they got they used to benefit lower classed people.
- Direct election of Senators
- People get to vote. No electoral colleges
- Single terms for President/Vice President- 22nd amendment
- Didn't want them to be in charge too long
- Secret Ballot
- Got people to vote for who someone wanted
- 8 hr work day
- Wanted time for family and relaxing
- Restrictions on Immigration
- Immigrants took jobs- factory workers hated it
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- Industrial Revolution
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- Hurt factory workers
- Mass production was big
- Railroads were incredibly important
- Cities grew
- More workers
- More markets
- African-American population grew
- Immigrants provided cheap labor
- Oil Boom- fueled everything
- Bessemer Process- cheaper way to make steel
- Inventions-
- Thomas Edison- didn't invent light bulb- made it last longer
- Christopher Sholes- typewriter
- Alexander Graham Bell- Telephone
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- Railroads wanted timezone so trains were on time & caused no problems
- Monopolies are the exclusive possession or control of the supply or trade in a commodity or service
- Resources- raw materials, fields, forests, and farms
- Manufacturing- production and processing
- Distribution- shipping & transportation, deliver to customers
- Monopolies are bad for consumers because..
- they can choose whatever price they want
- no other options
- Poor products
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- Carnegie (1835-1919)- steel
- JP Morgan (1837-1913) - bank
- Rockefeller (1830-1937)- standard oil
- Vanderbilt (1794-1877)- shipping
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- Sherman Anti-Trust Act- 1890
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- Made it illegal to form a trust that interfered with free trade between states
Tuesday: Continue notes
Wednesday: Start decades project
Thursday: Continue notes
Friday: Continue notes
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