The 2nd Industrial Revolution When? • Late 1800s • Late 1700s = 1st Industrial Revolution The 2nd Industrial Revolution forever changed the United States: •Urbanization •Expansion •Inventions •Prosperity •Poverty •Worker Unions The Tycoons a.k.a Captains of Industry a.k.a Robber Barons John D. Rockefeller (Oil industry) Standard Oil Company Gave over $550 million to charity!! Andrew Carnegie • (Steel industry) • Donated to education and built public libraries Cornelius Vanderbilt (Railroad Industry) Known as a “Rail Baron” Donated millions to education system in America George Pullman (Railroad Industry) Invented the “Pullman Car” They benefited from laissez-faire economics Laissez-faire The government gets = involved as little as possible The Gospel of Wealth Vs . Social Darwinism The Gospel of Wealth •An essay written by Andrew Carnegie in 1889 •Main point: The rich shouldn’t waste their wealth They should use it to help society Social Darwinism •Based on Darwin’s theory of “Natural Selection” Only the strongest survive •Main Point: The same should be true with society: •Survival of the “fittest” •Inventions of the 1800s - Barbed wire - Telegraph - Telephone - Light bulb - Typewriter - Railroad - Oil well - Horseless carriage - Airplane • Worker abuse – Child Labor – Unsafe conditions – Long hours – Low pay Companies weren’t being held accountable