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Rise of Big Business: Captains of Industry and Transportation of Resources

Explore the reasons behind the growth of big business during industrialization and the key factors that fueled its prosperity, such as access to raw materials, inventions, financial resources, and national markets created by transportation advancements. Learn about influential figures like John D. Rockefeller, Andrew Carnegie, and Henry Ford who played pivotal roles in shaping industries like oil, steel, and automobiles. Discover how the transportation of resources, mechanization in farming, and industrial development in cities transformed the economy and created new manufacturing hubs.

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Rise of Big Business: Captains of Industry and Transportation of Resources

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  1. Big Business and the Transportation of Resources

  2. Reasons for the rise and prosperity of big business National markets created by transportation advances Advertising Lower-cost production And……

  3. Captains of Industry John D. Rockefeller- Oil Andrew Carnegie- Steel Henry Ford- Automobile

  4. Andrew Carnegie John D. Rockefeller Henry Ford

  5. Factors resulting in Growth of Industry Access to raw materials and energy Availability of work force Inventions Financial Resources

  6. Financial Resources--Money Inventions—Light bulb Workers

  7. Examples of Big Business Railroad Steel

  8. Postwar changes in farm and city life Mechanization had reduced farm labor needs and increased production (reaper) Industrial development in cities created a need for workers Industrialization provided access to consumer goods (ex. Mail order catalogues)

  9. City Farm

  10. Transportation of Resources Moving natural resources to eastern factories Moving iron ore deposits to sites of steel mills Transporting finished products to national markets

  11. Examples of Manufacturing Areas New England Textiles Detroit Steel automobile Pittsburgh

  12. Sources: Andrew Carnegie lt.wikipedia.org John D. Rockefeller www.voanews.com Henry Ford www.nndb.com Money http://www.finpipe.com/money.gif Light Bulb www.eia.doe.gov/emeu/cbecs/bulb1.gif Workers http://i.pbase.com/o4/90/516390/1/58183295.workers.jpg

  13. Railroad www.umich.edu Oil www.cbc.ca Steel http://www.artlex.com/ArtLex/s/images/steel_kapoor.turning.lg.jpg Farm http://www.class.uh.edu/phil/Freeland/pics/Farm.jpg City www.geocities.com Textiles http://www.companyc.com/images/textiles-throws.jpg Automobiles http://www.uh.edu/engines/model-t.gif

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