Industrial revolution

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Industrial Revolution

FactoriesIncrease in Merchandise

Increase in economic power (especially the North)

Led to increased need for Labor

Widened the gap between rich and poor

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Rail Roads

• Had Large control over cost of shipping.

• Controlled large amounts of real estate.

{• Controlled the

market for a certain item or service.

• Destroyed the idea of competition.

• Heavily influenced Congress

Monopolies

Famous Monopolies

• Standard Oil - John Davison Rockefeller I

• U.S. Steel• The Unites States Railroads

Unskilled Labor• No need for Trained individuals• Easy to replace individuals• Led to an increase of immigration• Labor Unions created as a result of bad

working conditions and low pay.

ImmigrationMany from Ireland, Italy, and other European Countries

Chinese are immigrating on the West Coast

Poor Living Conditions

Low Pay

Tycoons & Gap Between Rich and Poor

• Many tycoons result of Monopolies• Many poor consist of the new immigrants that are

flooding into the country• Many of the poor crowded into cities • Many want a reform of the current economic system

Unions

• Created as a result of the horrible working conditions• Many want higher pay• Government involvement wanted by the people• Child Labor Laws

Movement WestMany people move west because of Gold RushRailroads lead to increase in travel Reduce travel timeMining towns become widespread