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Objective 3: Economic and Social Issues Exit Level Social Studies TAKS

Objective 3: Economic and Social Issues Exit Level Social Studies TAKS. 3/31/07. Economic Issues in the Late 1800’s. Growth of railroads Employed millions of workers Improved transportation Drove the growth of the economy. Economic Issues in the Late 1800’s. Electricity

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Objective 3: Economic and Social Issues Exit Level Social Studies TAKS

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  1. Objective 3: Economic and Social Issues Exit Level Social Studies TAKS 3/31/07

  2. Economic Issues in the Late 1800’s • Growth of railroads • Employed millions of workers • Improved transportation • Drove the growth of the economy

  3. Economic Issues in the Late 1800’s • Electricity • Light bulb and distribution system created by Thomas Edison • Used to power machines in factories and keep factories open at night

  4. Economic Issues in the Late 1800’s • Monopolies • Trusts that drove out competitors • Limited competition and hurt the economy • Government created the Interstate Commerce Commission and the Sherman Antitrust Act to combat monopolies

  5. Social Issues in the Late 1800’s • Discrimination Against Immigrants • Accused of taking jobs from native-born American • The government tried to limit immigration in various ways- ex. Chinese Exclusion Act

  6. Social Issues in the Late 1800’s • Poor Living Conditions in Cities • Cities grew rapidly in population • People lived in tenements • Crime, Fire, and Disease were all problems.

  7. Social Issues in the Late 1800’s • Segregation • Created in South by Jim Crow laws • Separated blacks and whites in all public places

  8. Reform Leaders • Jane Addams- founded the Hull House and other settlement houses to help the urban poor. • W.E.B. DuBois- helped found the NAACP • Susan B. Anthony- the leader of the women’s suffrage movement.

  9. The U.S. Economy in the 1920’s • US economy grows rapidly during the 1920’s. • Assembly Line • Automobiles • Increased Consumer Spending • Advertising • Increased investment in the stock market

  10. The Great Depression and the New Deal • Great Depression • Businesses closed down • Unemployment increased • Drop in production • Decrease in prices • Dust Bowl

  11. The Great Depression and the New Deal • New Deal • Insured bank deposits (FDIC) • Regulated the stock market (SEC) • Provided jobs in country’s parks (CCC) • Funded the construction of roads and bridges (PWA)

  12. The Great Depression and the New Deal • New Deal • Built dams and power stations in the Tennessee Valley region (TVA) • Established retirement pensions (SSA) • Employed people to do construction work (WPA)

  13. Technology and the US Economy • Telephone • expanded communication • Led to a world wide communications network

  14. Technology and the US Economy • Automobile • Boosted the petroleum and steel industries • Increased jobs • Stimulated tourism and outdoor recreation • Increased mobility

  15. Technology and the US Economy • Computer • Increased productivity • Cost has dropped dramatically

  16. Analyzing Social and Economic Data • Gross Domestic Product Per Capita (GDP per Capita)- Yearly output of goods and services per person. • Per capita income- average yearly income of a countries inhabitants. • Population growth- ration of births to deaths in a country per year.

  17. Analyzing Social and Economic Data • Literacy Rate- Percentage of the population that can read and write. • Percentage of workforce engage in agriculture and mining- The lower it is, the more developed a country is. • Life Expectancy- Average life span of a country’s inhabitants.

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