Post Civil War Economy

Post Civil War Economy - Post Civil War Economy 1. Factors...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Post Civil War Economy 1. Factors for econ growth a. Immigration b. Transportation c. Technological advancements d. Corrupt Pol system e. Women 2. 35.Nickname for Rockefeller, etc. -Robber barrons?!? a. Superwealthy entreprenuers b. America’s richest people c. Rockefeller i. Standard Oil ii. Controlled every oil company- horizontal integration d. Carnegie i. American Steel 1. railroad 2. every aspect of the process- vertical integration ii. philanthropist- give back to community e. Morgan i. Banker ii. Carnegie sold his steel company to JP Morgan 3. North V. South a. New south: more industrialized less on agriculture i. New agricultural arrangements so no slaves ii. Had workers b. Payback debt- force to go for cash crops- tobacco cotton sugar c. North- urbanization- factories moved to the cities- population grew d. Pollution in the north e. South wanted indust to grow, north grew more. 4. Technological innovations helped facilitate Americas mass production a. New power sources i. Water>steam>electricity ii. Creation of elect company iii. Generators during the day iv. Electric trolley cars v. Electric machines vi. Lights during the night vii. More efficient b. Mechanized farming i. Agriculture modernized
Background image of page 1

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

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/12/2011 for the course HIST 101 at Virginia Tech.

Page1 / 4

Post Civil War Economy - Post Civil War Economy 1. Factors...

This preview shows document pages 1 - 2. Sign up to view the full document.

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