Chapter 16 Week 3
1. Discuss the major factors that promoted the development of industrialization in the United States during the late nineteenth century. New power sources facilitated American industry’s shift to mass production and also suggest the importance of new ways of organizing research and innovation. In 1869, about half the industrial power came from water. 2. Discuss the development of the railroad business during the last half of the 19th century in the United States and explain how the railroad companies manifested the structure and problems of American corporations during that period- Unlike small businesses, railroads’ high costs and heavy indebtedness encouraged aggressive business practices that could contribute to instability. Slashing workers’ wages was one tactic that often led to powerful worker unrest. Rivalry between railroads lowered freight rates steadily, they might result in bankruptcy. 3. Discuss the characteristics of the American population in the late 19th century and analyze the nature of immigration into the country during that period- The industrialization of the late nineteenth century represented the second stage of the great transformation. The transformation of the economy was neither smooth nor steady. Two depressions, from 1873 to 1879 and from 1893 to 1897, surpassed the severity of pre–Civil War downturns. Collapsing land values, unsound banking practices, and changes in the money supply affected the people greatly. 4. Assume you were a member of a working-class American family residing in a major industrial city during the late 19th century. Describe the conditions under which your family would be probably have lived- Since I am an Black American, my living conditions during the 19th century wouldn’t have been that great. By this time, Blacks were still trying to function in society with their newfound freedom. Black businesses were just starting to grow, but many were still extremely poor. 5. Suppose you were...
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