Transcript Document
CHAPTER 15 The Second Industrial Revolution Section 1: The Age of Invention Section 2: The Rise of Big Business Section 3: Labor Strives to Organize SECTION 1 The Age of Invention Question: How might improved refining processes have affected industrial growth in the late 1800’s? SECTION 1 The Age of Invention Refining Processes in the United States Steel Oil Effects on Industry Effects on Industry • provided a strong, inexpensive source of building material • resulted in the production • allowed the expansion of the railroad industry • allowed the manufacturing of other important industrial petroleum products • allowed the construction of sophisticated machinery, bridges, tall buildings, and so on of kerosene for fuel or light • helped machinery operate SECTION 2 The Rise of Big Business Question: How did business leaders and social critics of the late 1800s and early 1900s regard government involvement? SECTION 2 The Rise of Big Business Social Critics Business Leaders • argued that individuals should be self-reliant • argued that businesses would prosper in the absence of government interference • argued that government interference would reduce self-reliance ARGUMENTS REGARDING GOVERNMENT’S ROLE IN BUSINESS • argued that factory life and poor working conditions harmed work • argued that all citizens should own all means of production • argued that government assistance would prevent the best businesses from rising to the top SECTION 3 Labor Strives to Organize Question: Why did some Americans want trusts to be banned and how did the government respond? SECTION 3 Labor Strives to Organize Americans’ Arguments Against Trusts • argued that without competition, large monopolies would not maintain quality or keep prices low Government Response • passes the Sherman Antitrust Act Problems with Act • failed to define a monopoly or trust • presented serious enforcement problems CHAPTER 15 Chapter Wrap-Up Can you answer the following? What impact did new technology have on the rise of big business? How did technological developments change Americans’ daily lives in the late 1800s? Why did unions only partially succeed in ensuring the rights of working people?