Lesson 1.05 Growth of Big Business

Growth of Big Business

The New Industrial Revolution (also referred as the Second Industrial Revolution) witnessed the large scale conversion from simple hand tools to large industrial machines. Americans in large number found jobs outside of their home with regular hours and disposable income. Cities such as Philadelphia, New York, and Chicago exploded in size with the expansion of industry.

Open 1.05 Note Sheet and fill it in while reading the information provided at the links below. Save your completed notes. They will help you with the Tasks and serve as a study tool for the Unit Test.

The Gilded Age

Binding the Nation by Rail

Overview of the Gilded Age

The Second Industrial Revolution, 1870-1914

Painting Citation:

A shoe factory in Plymouth, Massasschusetts. IRC, 2005. Image. Discovery Education. Web. 23 February 2014. <http://www.discoveryeducation.com/>.

Andrew Carnegie                            John Rockefeller

Industry Leaders

The industrial leaders from the Gilded Age are often viewed with conflicting perspectives. Many consider the leaders Captains of Industrywealthy business owners who contribute to society in a positive manner for their achievements and contributions they made to society. Others, however, view them as Robber Baronswealthy business owners who make a fortune by using dishonest means for amassing great wealth at the expense of others and, at times, without regard to the law.

Learn more about three of the leading industrialists from the era in the readings listed below. Continue working on 1.05 Note Sheet as you review the material. Remember to save the notes to your locker. They will help you with the Tasks and serve as a study guide for the Unit Test.

Andrew Carnegie

John Rockefeller

J.P. Morgan

Photograph Citations:

Andrew Carnegie (1835-1919). IRC, 2005.Image. Discovery Education. Web. 23 February 2014. <http://www.discoveryeducation.com/>.

John Davison Rockefeller (1839-1937). IRC, 2005.Image. Discovery Education. Web. 23 February 2014. <http://www.discoveryeducation.com/>.

Many of the wealthy industrialists from the Gilded Age spent their fortunes on grand homes across the country. Take a tour of one such home with the Berwind family in Newport, Rhode Island. Can you believe it was just their summer home?

Tour The Elms