History 222 - History 222 Industrial Revolution(Excess...

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History 222- Industrial Revolution (Excess, lower prices) I. Railroads- driving force for the Ind. Rev. A. Growth of railroad networks 1. 3500 miles of track, 1929, Ton of railroads. 2. Purchaser of iron, steel, coal, help cities. 3. Trains changing, sleeping cars, B. Cornelius Vanderbilt 1. “Commodore” Vanderbilt. Steam boat to railroad. 2. Made Grand Central terminal 3. Transcontinental Rail Road C. Railroads’ impact on economy 1. Started banking industry 2. Big Train Companies 3. Drove economy II. Iron and Steel Industry A. Andrew Carnegie and Carnegie Steel 1. Steel boom, most in world. 2. Carnegie, Scottish. Modern steel plant in Pitt. 3. Owned everything for steel. 4. III. Oil Industry A. Emergence of Standard Oil John D. Rockefeller 1. Formed Standard Oil, owned all oil companies. 2. B. Idea of horizontal and vertical integration IV.Public Utilities A. The telephone- Alexander Graham Bell 1. Phones take over all cities wanted them. 2. Phones helped business, sell far away B. Electricity- Thomas A. Edison- problems of alternating and direct current- also George Westinghouse, Stronger signal but it would fade. V. Meatpacking- Armour and Swift- Refrigeration (end to cattle drive) Marketing of parts of animals begins VI.United Fruit Company- Bananas come to the US market VII. Tobacco- James Duke and American Tobacco 1. Disappearing companies because of excess.
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This note was uploaded on 08/24/2011 for the course HISTORY 222 taught by Professor Dr.courtwright during the Spring '11 term at Iowa State.

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History 222 - History 222 Industrial Revolution(Excess...

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