Concepts: Chapter 19
1). What were 5 vital factors that accounted for making the U.S. a world industrial power after the Civil War?
2) What particular industry proved to be the most far-reaching key to the overall growth of virtually every major post-war industry in the U.S.? Unlike some other private-sector industries, it required massive capital that involved a number of sources. Who were they, and how did they contribute? What was the most ambitious single project of this industry?
3). Sometimes industries can be TOO successful for their own good. What caused the railroad meltdown of the 1890s? Who fixed it? What was the ultimate result for the industry?
4). Technology was a major factor in creating the industrial age and taking the U.S. to the forefront of it. Name 4 major categories of technology (besides railroads) in which American inventors and their inventions revolutionized modern life. You should be familiar with a noted inventor in each of the 4 categories, and his invention(s), just in case you become a contestant on “Jeopardy,” or it shows up on the next test.
5). In order to cope with the immense growth of sophisticated new industries, visionary men were needed, and new business models had to be created. What were 3 such models (a hint: one of them is a combination of the other two)? How did they work? Give an industry where they were employed, and what entrepreneur is most closely associated with that industry and that particular model.
6). OK. You’ve got all these nifty products spilling out of factories in the post-Civil War boom. What consumer-side revolution had to take place to make sure that guys like Tom Edison didn’t go bust sitting on warehouses full of light bulbs? What were 3 such developments in this sector of industry that we live with to this very day?
7). Tycoons make great success stories (and convenient scapegoats to pin the villainies of the industrial age on), but what was the labor situation like for the...
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