Post Civil War Economy

Plows mechanical reapers c big business i railroads

Info icon This preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Plows/ mechanical reapers c. Big Business i. Railroads- monopoly- only had one choice of who to buy from ii. Workforce got 10x bigger for industries
Image of page 1

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

View Full Document Right Arrow Icon
iii. Vertical/Horizontal Integration iv. Corporations came out for the first time v. By using stocks, could raise fund on big scales vi. Controlled by people shareholders- longevity end other businesses 5. New Immigration i. Unlike old: southern and eastern Europe ii. Italian catholics iii. European jews/Russians came later on iv. Greater number- cheaper transportation v. Modernization in Europe> more imm> landlords evicted tenants to consolidate their land> no need for the workers vi. Left because of gov policies vii. Applied to jews viii. Opportunity: American Dream ix. Main reasons for coming- to work x. Most were unskilled xi. Worked because am industry needed large # of unskilled workers xii. Between twenty and thirty percent- Italians returned back to Italy because they would work there when times were good and return to America when times were bad in italy b. Asian Immigrants: i. Chinese exclusionary act 1. What was the Chinese Exclusion Act? - curbed immigration from China 6. Social Darwinism i. Survival of the fittest ii. nature, only the fittest survived—so too in the marketplace.
Image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

0/0 PREVIEWS LEFT
Sign up to access 24/7 study resources for your classes

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern