Students,
Yesterday we looked at the second industrial revolution and the rise of labor unions / big business.
Power point : https://drive.google.com/file/d/0B_Br2RBwz0R7eUdWbm5rbmlfY0U/view?usp=sharing
Highpoints to remember:
decline of small agriculture and the jeffersonian ideal (growth of cities)
Railroad opens up new markets and allows business to grow
telecommunications (telegraph telephone) allow communications to occur faster.
Poor factory conditions and pay lead to labor unions to combat poor working conditions
Robber Barons / Captains of industry made money hand over fist.
Supplemental information:
Crash Course Industrial economics: https://www.youtube.com/watch?v=r6tRp-zRUJs
Crash Course Gilded Age: https://www.youtube.com/watch?v=Spgdy3HkcSs
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