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First section of notes

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by: Juliana Reynolds

First section of notes 25376

Marketplace > Eastern Kentucky University > History > 25376 > First section of notes
Juliana Reynolds
GPA 2.77

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These notes will be on the exam on Monday the 15th
American Civilization since 1877
Tom Appleton
History 103
75 ?




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"Yes please! Looking forward to the next set!"
Amiya Fritsch

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This 4 page Bundle was uploaded by Juliana Reynolds on Saturday February 13, 2016. The Bundle belongs to 25376 at Eastern Kentucky University taught by Tom Appleton in Winter 2016. Since its upload, it has received 41 views. For similar materials see American Civilization since 1877 in History at Eastern Kentucky University.


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Yes please! Looking forward to the next set!

-Amiya Fritsch


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Date Created: 02/13/16
The New Industrials 1865-1900 Day 1 Week 1 Test 1 Material Created by Juliana Reynolds I. Ingredients of the economic resolution  38 states in 1877, the most common jobs that had formed around this time period is; Farming, and the Telephone was invented in 1876, most people could not read or write.  The Civil War was ended in 1865 Americans began to industrialize Thomas Edison received over a thousand patents Patent-- a government authority or license conferring a right or title for a set period, especially  the sole right to exclude others from making, using, or selling an invention. 1. U.S. was blessed with natural resources- Timber, Oil, and Coal. 2. Money was available to be invested, factories. 3. Large and foreign demand for finished products. 4. Advertising as we now know it began in this time. 5. Age of inventions many things were invented in this time. 6. Good transportation system. 7. Political stability at home and abroad. 8. Civil War stimulated industrial expansion. 9. Now industry in America received help from federal government in the form of a high tariff which was a set up to keep out cheap foreign goods. Tariff—Tax on goods being imported. Day 2 II. Carnegie and Steel Great Britain Henry Bessemer process—The name of a steel process company he created. United States William Kelly his nick name was “Pig Iron” In 1870 they created 7,100 tons 1900—71 Million tons The #1 steel industry was in the U.S. #2 was Great Britain #3 was Germany. Andrew Carnegie history He came over from Scotland around the age of 12 moves to Pittsburg and went into the steel industry business, he climbed his way to the top. From there he created a thing called rebates- which is a discount. He then controlled more than 90% Vertical control of steel Mines, Equipment, Rail Roads (Owned or controlled), Plants, Retailer- market his own market. When he was 65 years old he gave away his money to companies. 1901- Retired- sold company, title changed to U.S. steel. Sold it for $65 million in today’s money he would be the richest man in the world wide. III. John D. Rockefeller—to oil  1882- 40 companies brought together in competition name standard oil 90 % 38 years old.  Destroyed smaller companies- used rebates to do so- created draw backs takes 10 % of another company/ he also had spies to help out his process.  1990 Became the richest man in the world. IV. James “buck” Duke and tobacco  10 Russian immigrant girls rolled cigarettes all day then passed out free samples- in which had gotten people hooked.  Created the American Tobacco Company.  Flower Milling- Charles Pillsbury  Meat Packing- Philip amour/ Gustavo’s Swift  Beauty industry- Shampoo/ Conditioner/ combs- Madam C.J. Walker Day 3 Cooperation- company owned by many people, each of them who becomes part owner who owns a piece of stock.  Perpetual life  Continuity of control- chain of command  Easy expansion of capital  Limited liability  Cooperation were “considered person” by the courts. Trust- Rockefeller-1882-standard oil trust—40 corporal trust. Positives of trusts-  Job security  New up to date technology  Cut the price for the consumer- they could but they never did- Negatives  Monopoly- set 1 item for everything across U.S.  Lobbyist- make sure laws didn’t get passed  Drove the little companies out of business Constitution says nothing about business 1890 Bill called Sherman Anti-Trust Law Any business combo that seeks to restrain the freedom of trade is illegal. Election- Every even year. More trusts formed- more than 300 trusts in the country. The Rail Road Age KY 233 miles of trains—2,835 tons of metal  1900-5 transcontinental RR in America  Standard time  Unified the nation  Linked producers with customers  Fortune was made in RR The American people came to hate RR- gave cut rates to powerful businesses  RR owned storage farmer payed for transport and storage- technically paid the RR twice.  Always competition to gain a big company Federal government new RR needed money  Owned most of the land in the south west 1890- Government had so much money they did not know what to do with it. RR- agree to transport soldiers and U.S. mail Supreme Court ruled 15/16 times RR big business had control. George pollmon- rent a bed on a train- Pollmon Car George Westinghouse- Air break- local motive could stop more safely. Day 4 The new industrialization conclusion: IIII Social thought-Most Americans worshiped big business men. Charles Darwin –“Survival of the fittest”- Social Darwinism applied to people during this time period. They believed the weak should not be aided Laissez- faire- hands off view- let a person keep doing what he is doing. Americans believed they could come from humble origins and rise to the top. Horatio Alger JR. sold a 119 books about succeed and prosper “rags to riches” Big business- would give money to society at large but not to an individual Carnegie- “The man who dies rich dies in disgrace” “I’d rather curse my children than leave my millions.” Philip Amor- gave a preacher 100,000$ to build a school to help boys at risk vocation school.


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