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The Gilded Age (1877-1896): Rise of Industrialism and Innovation in America

This chapter explores the transformative period of the Gilded Age, highlighting the explosive growth of American industrialism between 1877 and 1896. Key factors include a significant population increase from the baby boom and immigration, innovative technologies, and government support for industry through high tariffs and cheap labor. It discusses influential figures such as Vanderbilt, Carnegie, and Rockefeller, examining their roles as either "robber barons" or "captains of industry," and the impact of vertical and horizontal integration on the economy. The chapter also touches on political corruption, labor issues, and economic debates like "Free Silver."

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The Gilded Age (1877-1896): Rise of Industrialism and Innovation in America

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  1. Chapter 16 The gilded age 1877-1896

  2. Rise of Industrialism Industry and invention

  3. 1. Population increases – baby boom & immigration 2. Innovative spirit – new machines and methods 3. Government sympathetic to industry – high tariffs, cheap labor market from immigration 4. New sources of power – oil and electricity Why did american industrial growth occur?

  4. Student mini-presentations • Vanderbilt • Hill • Carnegie • Rockefeller • Duke • Heinz Robber barons or captains of industry?

  5. Vertical – one company is involved in EVERY aspect of an industry from raw materials to market. Horizontal – one company completely controls ONE aspect of an industry Examine the graphic on page 337. Vertical and horizontal integration

  6. Gilded age inventions

  7. Alexander Graham Bell Thomas Alva Edison

  8. Political reform & reaction

  9. Elected officials appoint and hire their friends to government positions. Corruption & Scandals Spoils system

  10. Labor, rural, economics

  11. Child labor cartoon Free Silver and the “Cross of Gold” Demonstration of gold standard/inflation. Farmers

  12. Standard oil trust

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