Cameron Trimpey-Warhaftig Business, Industry, and Labor 1. Factors promoting Am Industrialization Natural resources for raw goods (coal, smoothing adjure ore, copper, lead, timber, and oil), Labor supply due to loads of immigrants cheap labor, chapiter for investing in Am business, Technological advances (2nd industrial revolution), Pro-Business govt policies Protective tariffs, little regulation of business, low taxes on profits, RR system, confession of private property 2. Characteristics of Am business 1840-1920 3. Americas source big business Railroads 4. Railroad time At the popular Time Convention, RRs agreed to the 5 time zones that lasted for 35 years 5. naiant and Vertical Integration Horizontal: purchasing kayoed solely of the competitors of the same industry, Vertical: Buying all(prenominal) stages of the industrial harvest-festival from start to finish 6. US Steel Andrew Carnegie change Carnegie Steel in 1900 t o a new poise club headed by JP Morgan US Steel. First billion dollar community, rangyst company in the world, possess oer 3/5 of the populations steel industry 7.
Federal Government incite to RRs Federal govt provided RR companies with grand loans and land grants (170+ acres of land), helped clear a transcontinental RR during gracious War (Union Pacific + substitution Pacific = Promontory Point), 4 former(a) transcontinental RRs built. scourge of 1893 JP Morgan consolidated smaller RRs into large companies, essentially eliminated competition in RR industry 8. Andrew Carnegie and his Th eories of Wealth Wealth analyze arguing t! he riches had a god given accountability to care out charity to benefit society, put over $350M into support for libraries, universities, and other public institutions 9. Haymarket Incident Knights of Labor participated in a bread strike to achieve an 8 hr workday. Police assay to break up meeting, someone threw joker that killed 7 law of nature officers. 8 anarchists were sentenced to death. Led Ams to...If you want to start up a full essay, order it on our website:
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