Topic 9.1-9.3 - Industry and Labor
Growth of Industry - Factors
Natural Resources: coal, lumber, iron ore, oil drilling, steel production in the Great Lakes region.
Human Resources: Immigration increasing labor force; immigrants worked for lower wages.
Free Enterprise: Innovations encouraged entrepreneurship; glorified in 'rags-to-riches' stories.
Government Role: Laissez-faire approach; encouraged business through subsidies and protective tariffs.
Technology & Innovation
Key Innovations: Electricity (Edison, Westinghouse), Telecommunication (Telegraph, Telephone), Steel (Bessemer process).
Resulting Growth: Skyscrapers, elevated transportation, mass production in factories, and reduced cost of goods.
Effects of Industrialization
Economic Growth: US became the world’s industrial leader by 1900, surpassing Britain, France, and Germany combined.
Global Economy: Increased export of both manufactured and agricultural goods.
Changes in Daily Life: Mechanization led to fewer farmhands, urban migrations, lower wages, and repetitive work.
Environmental Impact: Exploitation of western resources; beginnings of National Parks establishment.
Industry in the South
The “New South”: Industrial growth in textiles and lumber; attempts to diversify crops.
Economic Lag: South lagged behind the North in skilled labor and capital investment.
Changing Business Methods
Growth of Corporations: Multiple investors; limited losses.
Business Strategies: Horizontal and vertical integration; formation of monopolies and trusts.
Changing Social Ideas
Social Darwinism: Belief in 'survival of the fittest'; justification for wealth accumulation.
Captains of Industry vs. Robber Barons
Captains of Industry: Contributed to economic growth, technological advances, and philanthropy.
Robber Barons: Monopolistic practices, driving out competitors, increased wealth gap, poor working conditions.
Changing Attitudes Toward Business
Government Actions: Interstate Commerce Commission (1887) and Sherman Antitrust Act (1890) aimed to regulate business practices but often favored employers over unions.
Working Conditions in Late 1800s
Long hours; sweatshops were common; dangerous conditions; low pay, including child labor.
Company towns controlled by employers, leading to worker debt.
Goals and Growth of Labor Unions
Unions demanded collective bargaining for fair pay and conditions.
Major Unions:
Knights of Labor: Inclusive but declined after early 1900s.
American Federation of Labor (AFL): Focused on skilled workers with practical goals.
Industrial Workers of the World (IWW): Created by Eugene Debs, promoted socialism and faced violence.
Major Strikes and Disruptions
Great Railroad Strike (1877): Government sided with employers against strikes.
Haymarket Riot (1886): Anti-union backlash following violence; negative press towards unions.
Homestead Strike (1892): Violent suppression of workers; negative public opinion on unions.
Pullman Strike (1894): Nationwide strike leading to government intervention; Debs arrested.