1877-1900 THE GILDED AGE

• EXPANSION WEST/GROWTH OF RR/CHINES LABOR

• REMOVAL OF LAST NATIVE AMERICANS• INDUSTRIALIZATION/TRUSTS/MONOPOLIES,

BIG BUSINESS• LABOR UNIONS/STRIKES• IMMIGRATION• SEGREGATION/DISCRIMINATION

BIG BUSINESS, INNOVATIONS, AND

UNIONS/STRIKES

MR. GOOCH

THE PACIFIC RAILWAY ACT

• IT GRANTED FEDERAL LAND TO SELL AS INCENTIVE FOR RR TO LAY TRACK WEST OF THE MISSISSIPPI.

• THEY SHIPPED GOODS FOR THE GOVERNMENT AT A DISCOUNT.

• PROMONTORY POINT, UTAH

• CHINESE WORKERS• CHINESE EXCLUSION

ACT.

CHINESE WORKERS

THE TIME OF THE ROBBER BARON

• WEALTHY BUSINESSMEN WHOSE GOAL WAS TO ELIMINATE COMPETITION AND CREATE A MONOPOLY, OR TOTAL CONTROL OF AN INDUSTRY

THE GROWTH OF RR INCREASED MIGRATIONS WEST, MADE TRAVEL EASIER, AND ALLOWED

GOODS, CATTLE, AND FARM PRODUCTS TO BE SHIPPED ALL OVER THE COUNTRY.

• JAY GOULD• RR ROBBER

BARON WEST OF THE MISSISSIPPI.

CORNELIUS VANDERBILT

• RR ROBBER BARON THAT CONTROLLED EVERYTHING EAST OF THE MISSISSIPPI.

BIG BUSINESS EMERGES

• BY THE LATE 1800’S, BIG BUSINESS EMERGES IN THE U.S. CORPORATIONS AND TRUSTS ARE FORMED AND ALLOWS A HANDFUL OF ROBBER BARONS TO GAIN CONTROL OF MANY OF AMERICA’S MAJOR INDUSTRIES.

• THESE INCLUDE RR, STEEL, OIL, SUGAR, AND MEAT INDUSTRIES. BECAUSE OF THIS CONGRESS GET INVOLVED AND TRIES TO REGULATE BIG BUSINESS SO CONSUMERS ARE NOT HURT.

BIG BUSINESS

• CORPORATION:• A BUSINESS

STRUCTURE WHERE INDIVIDUALS INVEST IN A BUSINESS BY PURCHASING PARTS IN IT CALLED SHARES.

• OIL:• ITS ABILITY TO

LUBRICATE THE MOVING PARTS OF MACHINES.

TRUSTS

• Separate companies placed under a single managing board – Board of trustees

• This eliminates competition, and can be harmful to consumers.

THE FIRST TRUST

• JOHN D. ROCKEFELLER• STANDARD OIL COMPANY• HE CONTROLLED ALL ASPECTS OF

THE OIL INDUSTRY---FROM THE FORESTS THAT PRODUCED THE WOOL FOR THE OIL BARRELLS, TO THE PIPELINES THE OIL FLOWED

STEEL MONOPOLY

• ANDREW CARNEGIE• STEEL WAS

LIGHTER, STRONGER, LESS EXPENSIVE, AND DID NOT RUST EASILY.

LAWS THAT TRIED TO REGULATE BIG BUSINESS

• INTERSTATE COMMERCE ACT:

• LAW THAT CALLED FOR “REASONABLE AND JUST” SHIPPING RATES.

• SHERMAN ANTI-TRUST ACT:

• LAW INTENDED TO PROTECT THE CONSUMER AGAINST TRUSTS AND MONOPOLIES.

INVENTORS AND THEIR INVENTIONS

• Inventors played a key role in both the growth of industrialization and making life easier/products cheaper.

• WHO ARE SOME OF THE INVENTORS WE HAVE ALREADY STUDIED?

INVENTORS/INVENTIONS

• THOMAS EDISON:• INCANDESCENT

LIGHT BULB• PHONOGRAPH• KENETESCOPE

INVENTORS/INVENTIONS

• ALEXANDER GRAHAM BELL:

• TELEPHONE

• GEORGE WESTINGHOUSE:

• ALTERNATING CURRENT….SAFER ELECTRICITY.

• MADE IT EASIER FOR INDUTRIES TO LOCATE FARTHER FROM WATER SOURCES, CAUSING MORE GROWTH OF CITIES.

INVENTORS/INVENTIONS

• EDWIN L. DRAKE:• STEAM-POWERED OIL DRILL• CHRISTOPHER SHOLES:• TYPEWRITER• THADEUS LOWE:• ICE MACHINE