History exam notes.docx - Industrial revolution transformed...

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Industrial revolution transformed America? 1. Causes growth and leaders Big Business Technology: phone, typewriter, sewing machines, Bessemer converter sped up steel production Use of electrical power Expanded railroad Rockefeller – oil, Carnegie – steel, & Morgan – investment banks 2. Role of government in economics Encouraged growth and put in tariffs on foreign products Granted public lands to railroad and settlers Established stable currency Did very little to regulate business and labor 3. Impact on social class & women Child labor and unsafe working conditions Gave rise to middle class between elites and workers (poor) Women started going to school and working outside home 4. Unions Many often failed because business owners undermined hired strikebreakers Many times strikes ended in violence (Great Railroad Strike 1877, Haymarket Riot 1886 Pullman strike 1894) so many thought were extremists Craft unions of a specific set of skilled laborers were more successful and mainly focused on working conditions and avoided politics Compare & contrast social & economic development in New South 1. Dramatic expansion textile mills & tobacco industry Cotton still king & more difficult than ever to own land

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