Samuel Morse (1844)
The Telegraph
Strike
Cause
Civil War
The war encouraged production,innovation, and expansion of railroads.
Thomas Edison
Invented new technology such as elctrical lighting that stimulated business
what did Eugene V. Debs do?
Challenged big business by orchestrating the pullman strike and helping to found the ww1
Elioes howes 1846
Sewing machine
Railroad Strikes, 1877
Response to cuts in workers’ wages
Natural Resources
Ample natural resources including oil, field groth
Henry Bessemer
Developed process for creating strong, lightweight steel for use in construction and railroads
when was the National trade union founded?
1834
Aletshia otis 1852
Safety elevator
Haymarket square 1886
8 hour work day
Growing Workforce
Immigrants willing to work for low wages flowed into the county
Andrew Carenegie
Use of vertical consolidation influenced the rise of big business, urgent buisnessmen to also be philanthropists
what was the National trade union?
Opened to workers from all trades
Thomas edison 1880
Light bulb
Homestead strike 1892
Cuts steel workers wages
Technology/ Innovation
New technology and innovation business practices spurred growth
John D. Rockefeller
Use of new business stratighes, such as horizontal consolidation, influenced the rise fo big buisness
What was Knights of labor ?
Sought general ideological reform
Granvil woods 1884
Steam boiler furnace
Pullman strike 1893
Wages cut without a decree of costed living
Government
Government policies encouraged investment in businesses and new technology
Samuel Gompers
Formed the AFL, influenced the rise of labor unions
Define corporation. List two methods that corporations use to maximize their profits.
Two ways they maximize their profits was advertisement to potential customers, and paying low wages to save money for resources. ... When a business owns all the resources in one step, while Vertical Integration is when one of every step is owned.