Ch_18_Lecture - Key Questions: What technological and...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Key Questions: What technological and organizational innovations were behind the emergence of large industrial corporations? What were the changes in the workforce in the urban- industrial economy and the reaction of organized labor? What was the impact of the new immigration and the start of African American migration to the cities of the North? What characterized the changing physical and social structure of the industrial city? What were the new patterns of residence and recreation in the consumer society?
Background image of page 1

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

View Full DocumentRight Arrow Icon
New Industry Inventing technology: the electric age Technology played a major role in transforming factory work and increasing the scale of production as steam and later electricity freed manufacturers from dependence on water power. In the late 19th century, the United States became a technological innovator. Between 1870 and 1900, 900,000 patents had been issued in the United States. Thomas Edison’s success stimulated research and development in Europe and the United States. Invention gave the United States a commanding technological lead.
Background image of page 2
New Industry, cont’d. The corporation and its impact The modern corporation supplied the structural framework for the transformation of the American economy. The corporation became a significant factor in the American economy in the 1850s when railroad companies grew. The two major advantages of the corporation were that a corporation can outlive its founders and its officials and shareholders are not personally liable for its debts. Large corporations changed the nature of work and stimulated urban growth. Vertical and horizontal integration helped successful corporations reduce competition and dominate industries.
Background image of page 3

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

View Full DocumentRight Arrow Icon
New Industry, cont’d. The changing nature of work By 1906, industrial labor had been reduced to minute, low- skilled operations, making skilled artisans obsolete. Mechanization and technological innovation did not reduce employment but they did eliminate some jobs. Industrial workers shared little of the wealth generated by
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 17

Ch_18_Lecture - Key Questions: What technological and...

This preview shows document pages 1 - 5. Sign up to view the full document.

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