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Henry Bessemer developed a process to make steel stronger and more affordable. can make more steel
Andrew Carnegie 1870-starts to make steel in Pittsburgh,PA.Goal to make steel as affordable as possible.did this by controlling all steps in the steel making process.By the 1900,US provided more steel than any other country-monopoly.One of the riches men in the world.
John D. Rockefeller built his first oil refinery in Cleveland, OH in 1863. By 1890 his Standard oil Co. controlled 90% of the oil industry –monopoly. One of the richest men in the world
George Westinghouse Westinghouse Electric Co.–1896.Developed AC for use in homes and business.In “War of the Currents” with Thomas Edison’s company who used DC. Westinghouse had the better product so got more consumers and won.The company still exists today.
William Randolph Hearst Developed newspaper business by using BIG eye- catching headlines, illustrations, and color. Owned most of the newspapers in US by 1900 – monopoly.
Madame C.J. Walker 1906 – bottled shampoo in her attic. Sold products door to door. First African American woman to become a millionaire.
J.P. Morgan Wealthiest and most powerful banker in U.S. during the Industrial Age. Invested in railroads, mining, steel.
Natural Resources America had a lot and it helped industry grow. These are resources that are from nature, not made by people. Ex.: iron, coal, oil, timber, water
Human Resources People who work to produce goods and services. Immigrants really helped grow the workforce during the Industrial Age
Capital Resources Tools, machines, (money) that companies use to produce goods and services
Monopoly when one company has control of an industry. Cuts down on competition so it hurts the consumer by limiting choices and driving up prices
Sweatshop hot, cramped workshops where many industrial workers had to do their jobs before labor reform
Triangle Shirtwaist Company a company in New York city where workers complained about the dangerous conditions.they asked owners to build fire escapes and to keep the doors unlocked.the owners refused.March 1911 a fire broke out and the workers were trapped inside.150 people died.
Lewis Hine led the movement against child labor
labor union organized groups working to gain improved working conditions, better wages, more safety, and an end to child labor
Samuel Gompers one of the early union leaders. Led unions to join together and form the American Federation of Labor (AFL)
strike workers refuse to work to try to force businesses to meet their demands
Mary Harris Jones helped lead the United Mine Workers in the Appalachian mountains. She was known as ''Mother Jones”.
Labor Day created by the labor unions to honor the workers in America. First held in September 1882. Congress made it an official holiday in 1894.
Created by: 00026366



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