Glided Age
How did industrialization change where Americans lived and worked?
People moved to cities to work in factories (urbanization)
How did Andrew Carnegie build his wealth in the United States?
Through the steel industry
Why was steel such an important resource during industrialization?
It was strong and used for railroads, buildings, and infrastructure
Why did cities grow rapidly during the Gilded Age?
Job opportunities in factories
How did John D. Rockefeller gain control over the oil industry?
By eliminating competition / controlling prices
Why did factories shift from human labor to machines during the Gilded Age?
Machines were more efficient and increased production
How did immigration contribute to industrial growth?
Provided cheap labor for factories
How did Henry Ford make products more affordable for Americans?
By using mass production / the assembly line
Why was transportation important during industrial growth?
Helped move goods and people more efficiently
Why were many immigrants willing to take low-paying jobs?
They are in need of work and opportunity / escaping hardship
How did J. P. Morgan influence the U.S. economy?
By controlling major industries and providing financial support
Why did industrialization increase the importance of efficiency?
Businesses wanted to produce more goods for less cost
How did the growth of big business change the gap between the rich and the poor during the Gilded Age?
The rich became much wealthier while many workers remained poor (increased inequality)
How did the actions of big business leaders change the structure of the American economy during the Gilded Age?
Led to large corporations dominating industries and reducing competition
Why did industrialization create both opportunity and hardship?
More jobs but often unsafe and low-paying