Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 1 HIST 021 BOOK NOTES: CHAPTER 16 Give Me Liberty: An American History by: Eric Foner CHAPTER 16: AMERICAS GUILDED AGE 1870-1890- October 28, 1886: dedication of Liberty Enlightening the World o Edovard de Laboulgy: French educator o Symbol of American freedom post Civil War The Second Industrial Revolution- From Civil War to early 1900s: huge economic revolutions; causes: o Abundant natural resources o Growing supply of labor o Expanding market for manufactured goods o Availability of capital investment o Government promoted industrial and agricultural development enacted high tariffs, granted land to railroads, removed Indians with army force for farming and mining- The Industrial Economy o Increase in factory production (mining, railroads) signaled transition for Lincolns American to an industrial society o One can hardly believe there has been a revolution in history so rapid, so extensive, so complete. John Dewey o By 1880- Census Bureau found a majority of the workforce engaged in non-farming jobs o By 1890- 2/3 of Americans worked for wages rather than owning farm/business o By 1913- US produced 1/3 of the worlds industrial output o 1870-1920: 11 million Americans moved from farm to city and 25 million immigrated from other countries o New York- major industrial city, symbolized urban growth o Heartland of revolution was around Great Lakes (cities and factories producing iron and steel, machinery, chemicals and packaged foods)- Railroads and the National Market o Railroads fueled second industrial revolution: fueled by private investment, massive grants of land and government support. o Increased national market for manufactured goods o Standard National Gauge- trains from different companies to share one track (5 transcontinental lines by 1890s) o Increased population meant increased mass production, mass distribution and mass marketing of goods o Railroads spread of national chains and brand names- The Spirit of Innovation o 1866: Atlantic Cable- made electronic telegraph between US and Europe possible. o 1870-1880: telephone, typewriter and handheld camera o Thomas A. Edison- born in 1847 in Ohio; eras greatest inventor Established new industries, public entertainment Economic activity: phonograph, light bulb, motion picture, a system for generating and distributing electrical power. Opened first electrical generating station in Manhattan 1882 to benefit streetcars, factories and private homes; General Electric- Competition and Consolidation o Market flooded with goods and federal monetary policies led to fall in prices. 2 o 1873-1897: The Great Depression railroads and other companies tried various means of bringing order to marketplace formed pools that divided up the markets between competing firms and fixed prices established trusts- legal devices where by the affairs of several rival companies were managed by a single director....
View Full Document

This note was uploaded on 03/31/2008 for the course HIST 021 taught by Professor Coohill during the Spring '07 term at Pennsylvania State University, University Park.

Page1 / 9


This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online