Essential Questions Ch20 Industrial Growth Why were railroads important to the growth o industry in the late !"00s# $sec%!& 'id monopolists do more good or (ad in growing industries under capitalism# $sec%2& )ow are technologies important in growing industry and (usiness# $sec%*& )ow should wor+ers react to (ad pay, long hours, unsae conditions & child la(or# $sec%-& .ection !: /ailroads .pur Industry Focus: How did Vanderbilt create a huge railroad company? In what other ways did railroads (other businesses too) get rid of competition from other companies? How did railroads help create a boom in the economy? 0oca(ulary: Vanderbilt Competitors/Competition Consolidate/Consolidation Consumers Rebates ools Essential Questions Ch20 Industrial Growth .ection 2: 1he /ise o 2ig 2usiness Focus: !hat techni"ue created cheap but strong steel? How did Carnegie create a steel company that produced more than all of #ngland? !hy would a business become a corporation? How did $ %organ become so powerful & own so many businesses? !hat did Roc'efeller do to dri(e out ri(al oil companies? How are trusts and monopolies similar? How does a free enterprise system (capitalism) wor'? !hy are monopolies bad for the economy? How did the go(t) try to control monopolies? 0oca(ulary: *essemer process +ndrew Carnegie Vertical integration Corporation ,toc's -i(idends In(esting/In(estment $ %organ $ohn -) Roc'efeller .rust %onopoly /ree enterprise system (capitalism) ,herman +ntitrust +ct Essential Questions Ch20 Industrial Growth .ection *: In3entions Change the 4ation Focus: How were in(entions helping industry/business? !hat was so remar'able about a transatlantic cable or the telephone? !hy was .homas #dison called the 0!i1ard of %enlo ar'2? !hat did Henry /ord create that helped change many other businesses? How does mass production help consumers? !hat did the !right brothers create? 0oca(ulary: atent .ransatlantic +le3ander 4) *ell .homas #dison Henry /ord +ssembly line %ass production 5r(ille & !ilbur !right Essential Questions Ch20 Industrial Growth .ection -: 1he /ise o 5rgani6ed 7a(or Focus: How did the wor' place get worse in the late 6788s? !hat did the 9nights of :abor fight for? How did the Haymar'et ,"uare Riot hurt unions? !hat did the +merican /ederation of :abor do to e3pand membership in this union? !hy was collecti(e bargaining important for wor'ers? How did women and women;s groups fight in the wor' place? !hat changes resulted from the .riangle ,hirtwaist /ire? How did stri'es help turn public opinion against unions? 0oca(ulary: ,weatshop !ages 4arment .e3tile ,tri'e 9nights of :abor ,tri'ebrea'ers (scabs) +narchists Haymar'et Riot +merican /ederation of :abor (+/:) .rade union Collecti(e bargaining %other $ones .riangle ,hirtwaist /ire