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The Growth of Capitalism

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Claire Generato

on 7 April 2015

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Transcript of The Growth of Capitalism

The Growth of Capitalism
design by Dóri Sirály for Prezi
An Intro to Late 1800s Industrial Capitalism
Captains of Industrialization
Comparing 1860s to 1900s
155,504,994 acres
Sold $3 an acre
Railroads and Companies
Union Pacific Railroad
Central Pacific Railroad
"Wedding of the rails"
Promontory Summit, Utah
10 May, 1869
Spanning the Continent with Rails
Claire Generato
Daniel Jimenez
Alejandro López
Adam Turner

Binding the Country with Railroad Ties
Northern Pacific Railroad
Southern Pacific Railroad
Great Northern Railroad
Railroad Consolidation
and Mechanization
Revolution by Railways
Wrongdoing in Railroading
Government Bridles the Iron Horse
Cornelius Vanderbilt
Westinghouse Air Brake
Pullman Palace Car
20% of foreign and domestic investments
Benefits
Consequences
Timezones
Corruption
Stock watering
Wage competition battles
Railroad kings
Pools
Midwestern legislatures
Wabash, St. Louis & Pacific Railroad Company v. Illinois
Interstate Commerce Act
John Pierpoint Morgan Andrew Carnegie John Davison Rockefeller Sr.
Banking Steel Oil
(JP Morgan &Company) (Carnagie Steel) (Standard Oil)
Industrial Giants
Investment and Mechanization
Foreign Investment, Market Size, Capital
Coal, Oil, Iron Ore, Bauxite
Railways, Telephones, Typewriters, Electric Lighting
Bell and Edison
The Monstrous Trusts
Vertical and Horizontal Integration
J.P. Morgan
-Took advantage of
desperate
businesspeople
-Used interlocking
directorates
What allowed them to take over
What allowed them to take over
Andrew Carnegie
-The Depression of the 1890s
Full transcript