APUSH Chapter 17: Business and Labor in the Industrial Era
Study online at https://quizlet.com/_chjzes
1. Railroad expan- Expansion of transportation system was biggest factor
sion and indus- in the nation's industrial development. Railroad symbol-
trial development ized technology's impact on economy and industrial de-
in the late 1800s velopment. Compressed time and distance. Towns that
had rail thrived and most spectacular growth followed the
Civil War. TELEGRAPH AND WIRES WERE INSTALLED
ALONG TRACKS.
2. Pacific Railway Construction of a transcontinental line was held up due to
Act of 1862 Congress and secession politics. Finally, the Pacific Rail-
way Act of 1862 act was passed. Afterward, Union Pacific
and the Central Pacific Railway started construction of the
transcontinental railroad. Civil War soldiers made up the
Union Pacific crews along with immigrants. The CP work-
force was composed of Chinese workers--they took lower
wages and their willingness to work less in poor conditions
hurt all laborers. Railroads literally became real estate
developers in the Western United States and increased
tourism in places like Yellowstone.
3. 1876 Alexan- Electricity and the telephone were the most important ad-
der Graham Bell vancements in technology. Alexander Belle created Amer-
patents his tele- ican Telephone and Telegraph company. In the 1890s,
phone 235,000 patents were registered. Electric lightbulb inven-
1879 Thomas tor Thomas Edison was the nation's foremost inventor as
A. Edison the Wizard of Menlo Park. Electricity and lightbulb cre-
makes the first ations became General Electric. The invention of dynamos
, APUSH Chapter 17: Business and Labor in the Industrial Era
Study online at https://quizlet.com/_chjzes
durable incan- called electric motors increased the efficiency of machin-
descent lightbulb ery. Edison's invention spurred urban growth by improv-
ing lighting, and facilitating the development of subway
and trolley systems and elevators, which allowed for taller
buildings.
4. 1877 Great Rail- Railroads were America's first big business. The first ben-
road Strike eficiaries of Wall Street. Railroads were the catalyst for
the urban industrial economy. Railroads contracted with
investment banks to raise capital by selling shares of stock
to investors. Railroads purchased timber, leather, iron ore,
and glass and were the nation's largest employer. The
Great Railroad Strike in 1877 was a multi-state strike start-
ing in West Virginia where workers protested wages and
dangerous working conditions. Railroads sent militias to
attack workers and 1,000 people were injured. The strike
demonstrated how the extreme amount of power railroad
workers held and if they stopped working, the national
economy would be crippled.
5. Gospel of Wealth "The Gospel of Wealth" is an article written by Andrew
p. 706 Carnegie in June 1889 that describes the responsibility
of philanthropy by the new upper class of the self-made
rich. Carnegie said the wealthy had a responsibility to help
those less fortunate & argued that the wealthy should give
back to society.
Both Carnegie and John D. Rockefeller gave away much of
their money to support education and medicine. Carnegie
devoted himself to giving away his $400 million in wealth
to libraries. Rockefeller founded the University of Chicago
and founded the Rockefeller Foundation.
Study online at https://quizlet.com/_chjzes
1. Railroad expan- Expansion of transportation system was biggest factor
sion and indus- in the nation's industrial development. Railroad symbol-
trial development ized technology's impact on economy and industrial de-
in the late 1800s velopment. Compressed time and distance. Towns that
had rail thrived and most spectacular growth followed the
Civil War. TELEGRAPH AND WIRES WERE INSTALLED
ALONG TRACKS.
2. Pacific Railway Construction of a transcontinental line was held up due to
Act of 1862 Congress and secession politics. Finally, the Pacific Rail-
way Act of 1862 act was passed. Afterward, Union Pacific
and the Central Pacific Railway started construction of the
transcontinental railroad. Civil War soldiers made up the
Union Pacific crews along with immigrants. The CP work-
force was composed of Chinese workers--they took lower
wages and their willingness to work less in poor conditions
hurt all laborers. Railroads literally became real estate
developers in the Western United States and increased
tourism in places like Yellowstone.
3. 1876 Alexan- Electricity and the telephone were the most important ad-
der Graham Bell vancements in technology. Alexander Belle created Amer-
patents his tele- ican Telephone and Telegraph company. In the 1890s,
phone 235,000 patents were registered. Electric lightbulb inven-
1879 Thomas tor Thomas Edison was the nation's foremost inventor as
A. Edison the Wizard of Menlo Park. Electricity and lightbulb cre-
makes the first ations became General Electric. The invention of dynamos
, APUSH Chapter 17: Business and Labor in the Industrial Era
Study online at https://quizlet.com/_chjzes
durable incan- called electric motors increased the efficiency of machin-
descent lightbulb ery. Edison's invention spurred urban growth by improv-
ing lighting, and facilitating the development of subway
and trolley systems and elevators, which allowed for taller
buildings.
4. 1877 Great Rail- Railroads were America's first big business. The first ben-
road Strike eficiaries of Wall Street. Railroads were the catalyst for
the urban industrial economy. Railroads contracted with
investment banks to raise capital by selling shares of stock
to investors. Railroads purchased timber, leather, iron ore,
and glass and were the nation's largest employer. The
Great Railroad Strike in 1877 was a multi-state strike start-
ing in West Virginia where workers protested wages and
dangerous working conditions. Railroads sent militias to
attack workers and 1,000 people were injured. The strike
demonstrated how the extreme amount of power railroad
workers held and if they stopped working, the national
economy would be crippled.
5. Gospel of Wealth "The Gospel of Wealth" is an article written by Andrew
p. 706 Carnegie in June 1889 that describes the responsibility
of philanthropy by the new upper class of the self-made
rich. Carnegie said the wealthy had a responsibility to help
those less fortunate & argued that the wealthy should give
back to society.
Both Carnegie and John D. Rockefeller gave away much of
their money to support education and medicine. Carnegie
devoted himself to giving away his $400 million in wealth
to libraries. Rockefeller founded the University of Chicago
and founded the Rockefeller Foundation.
