Becoming an Industrial Giant

advertisement
1870-1900
America moving forward from
farms to the cities
 Industrialization- The
process by which a
nation begins to develop large industries
 People began to move to the cities for
better jobs from the late 1800’s to early
1900’s
 Because of this the North grew rapidly
 People left their farms for the city; better
work and better life
 Urbanization-
Process by which more of a
nation’s population becomes
concentrated in the cities
 Many African Americans moved to the
North looking for work- “The Great
Migration”
 Due
to the growth of the cities a new
social and economic class emerged: the
Middle Class
 They were the doctors, lawyers, office
workers and skilled laborers
 Better work, living conditions, purchase
more goods
 We also saw the emergence of the
factory worker
 Two
changed occurred with the
population and industrial growth
 1) New Technologies
 2)
Cultural Advances: Parks, Theaters,
Museums, Art and Music expanded
 Was
interested in making bridges out of
new material (other than wood and iron)
 He entered the steel industry in 1873
 Built first steel plant
 Produced much of the country’s steel
 Very rich, but generous with his money
 Traveled
from Cleveland to Titusville, PA
where oil was found
 He decided that he could make money
refining oil
 Organized and became president of Standard
Oil Company of Ohio
 It controlled the production and price of oil
throughout the country
 American
financier, banker and
philanthropist
 Dominated corporate finance
 Dominated the nation’s high finance
corporations
 He
experimented with gas powered engines
 Developed an assembly line method for
building cars cheaply
 Made it possible over the upcoming years for
the average American to own an automobile
Download
Study collections