Us.1.Triumph Of American Industry

As business in America began to grow, American entrepreneurs maximized their profits by monopolizing industries and denying their employees sufficient pay and benefits… mac, leslie, mir, sarah, ashley

part 1 Disagreements between builders and backers led to start of transcontinental railroad. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

marked completion of the transcontinental railroad. north of salt lake city, Utah two gold to silver spikes May 10, 1869 where the central pacific and union pacific tracks met. Leland Stanford- hammered spikes into ground missed on the first swing.

part 2 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Natural Recourses- Edwin Drake- oil Growing Workforce- ¾ of a million immigrants came to U.S. Government Policies- tariffs, laissez- faire Technology and Transportation- railroads, time zones, automobiles with gas engines, airplanes Manufacturing- mass production Industry- iron and steel

expanding markets= expanding business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Horizontal Integration: Andrew Carnegie made a fortune by selling Carnegie Steel Co., which by the 1890’s was the largest enterprise in the whole world, to J.P. Morgan in 1901. Federal Steel Co., Carnegie Steel Co. and several other smaller steel manufacturers were merged into U.S. Steel, which is now the world’s tenth largest steel manufacturer.

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Founded: 1885 by Samuel Gompers President for almost 40 years Craft Union of 100 Local Listings Originally called: FEDERATION OF ORGANIZED TRADES AND LABOR UNIONS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Largest and most powerful labor union in America during last half of the 19 th century Represented all workers in all industries Approx 750,000 members at its largest Participates in famous strikes such as The Great Railroad Strike of 1877 Uriah Stevens: founder and Master Workman (president) 1890: Social and political differences caused the end of the Knights of labor; eventually merged with AFL

golden spike ceremony." American History . 2009. ABC-CLIO. 12 May 2009 <http://www.americanhistory.abc-clio.com>. golden spike ceremony." American History . 2009. ABC-CLIO. 12 May 2009 <http://www.americanhistory.abc-clio.com>. "golden spike ceremony." American History . 2009. ABC-CLIO. 12 May 2009 <http://www.americanhistory.abc-clio.com>. "golden spike ceremony." American History . 2009. ABC-CLIO. 12 May 2009 <http://www.americanhistory.abc-clio.com>. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Us.1.Triumph Of American Industry

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Us.1.Triumph Of American Industry