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HIS 112 9.08 - the US Robber Barons • New possibilities...

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HIS 112 9.08.10
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Monday: Exam 1! Exam prep handout on Blackboard How many/ what kind of question Content covered Role of Discussion Section Questions in studying Don’t worry, just study!
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Discussion Section Question “In what ways did Sitting Bull try to adapt to Gilded Age culture, and in what ways did he resist? Did his troubles with this adaptation lead to his death? ”
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What is the Gilded Age?
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What is the Gilded Age? spans 1865 to 1900 Not referring to a specific place or region Overlaps with Reconstruction and Plains Indians wars (these three weeks of lecture)
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What is the Gilded Age? Economic change Political change Demographic change
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What is the Gilded Age? “Gilded”
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What is the Gilded Age?
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Gilded Age and Industry New inventions
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Gilded Age and Industry new types of industry
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Gilded Age and Industry New ways of manufacturing
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These create the “Second Industrial Revolution” Creation of wealth and global power for
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Unformatted text preview: the US Robber Barons • New possibilities for great wealth (Leland Stanford, railroad magnate) Vertical and horizontal integration • Global networks • Modern Capitalism is born! Corruption The working class • shift from countryside to city (for people in the East) – Wage labor in factories instead of farm work – Mechanized labor – Women and children too! • Retreat from Reconstruction – Cultural energy is dwindling – Economic hardship – Election of 1876 Election of 1876 • Hayes (Republican) elected • removes Fed presence in Southern states • Compromise of 1877 South and West as “Internal Colonies” • Wealth remains in the East • materials come from the South and West • South=> factories • West=> cattle • Why? Gilded Age • Conclusions: – Economic shifts increase gap between rich and poor – New kinds of work – Corruption, yet also infrastructural growth...
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