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THE GILDED AGE
- American Industry 1866-1914
- "The Second Industrial Revolution"
- By 1880, a majority of the working class DOES NOT
work in agriculture
- By 1914, 2/3 of Americans work for someone else
- Urbanization
- Urbanization
- By 1914, 2/3 of Americans work for someone else
- Immigrants flood cities
- New York becomes financial capital
- Chicago makes farming more efficient
- Pittsburg becomes the
steel manufacturer
capital
- RR begin to go east and west
- "The Second Industrial Revolution"
- Captains of the Industry/Robber Baron
- Jay
Could
- Works as a leather-tanner
- Began inventive in the RR even though he is poor
- Bribed officials
- Bribed officials
- Crashed the stock market
- Black Friday
- $77 million fortune
- Black Friday
- Works as a leather-tanner
- Andrew
Carnegie
- Worked in a textile factory
- Invested little $$ into RR
- Turned Pittsburg into steel capital
- Steel plants
- Runs two 12 hr shifts everyday
- Workers want a higher pay
- Runs two 12 hr shifts everyday
- Worked in a textile factory
- John D.
Rockefeller
- Richest man in the world
- Started out working in
produce then worked in the
oil industry
- Took over the industry
- Buys out all the
competitors
- Monopoly
- Monopoly
- Buys out all the
competitors
- Took over the industry
- Richest man in the world
- Jay
Could
- Business and Politics
- Sherman Antitrust Act of 1890
- Bust up unions for 10 years
- Bust up unions for 10 years
- EC Knight Co.
- Controls 80% of sugar monopolies
- Controls 80% of sugar monopolies
- White Collar and Blue
Collar Work
- Middle class specialists and professionals
- Mechanization and blue collar work
- Workers become less important
- Less bargaining power
- Less bargaining power
- Workers become less important
- Fredrick Winslow Taylor
- "Scientific Management"
- "Scientific Management"
- Poor working
conditions and wages
- Middle class specialists and professionals
- Workers' Economic
Uncertainty
- Severe economic depression
- 1873-1878
- Great Depression
- Great Depression
- 1893-1897
- 1873-1878
- Women and children in
the work place have
low wages
- Children risk losing limbs
- Children risk losing limbs
- Severe economic depression
- Workers Fight
Back
- Great RR Strike of 1977
- Wages are cut the same
as hours
- First major strike of the nation
- Wages are cut the same
as hours
- Unions
- Knights of Labor
- First big national union
- Alternative to capitalism needs to be found
- Alternative to capitalism needs to be found
- First big national union
- Chicago's Haymarket Square
- May 1886
- May 1886
- Pullman Strike of 1894
- Great RR Strike of 1977
- Sherman Antitrust Act of 1890
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