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Rise of Industry

created for my 11th grade VA/US history classes
by

Alissa McCullough

on 15 January 2014

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Transcript of Rise of Industry

The Rise of Industry
1873
1888
(cc) image by jantik on Flickr
1876
Alexander Graham Bell
1877
1882
1882
1886
1893
1903
laissez-faire
entrepreneurs
business practices
an environment in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, tariffs and enforced monopolies
laissez faire
owner or manager of a business enterprise who makes money through risk and initiative
vs
In a vertically integrated industry, a company owns all parts of the industrial process. In this case, a steel company owns the iron and coal mines, the limestone quarries, and the ships and trains that move the materials, as well as the steel mills.
When one company grows by buying up its competitors, it is using horizontal integration
to expand.
Eadweard Muybridge
First Roller Coaster!
1913
natural resources
people
are
resources
too
x3
1860->1910
1870->1910
17
mil immigrants
Captains of Industry
Cornelius Vanderbilt
John D Rockefeller
Andrew Carnegie
JP Morgan
Full transcript