J. Kelly Robison

The Industrial Revolution

  1. Impetus to Industrialization
    1. Civil War
    2. Technological Advances
      1. Energy
      2. Transportation and Communication
      3. Consumer Products
      4. Mechanization
  2. Industrial Organization
    1. Corporate Revolution
      1. Finance Capital
      2. The Managerial Revolution
      3. Science of Production
    2. Consolidation of Business
      1. Vertical Integration
      2. Horizontal Integration
  3. Business and Government
    1. Laissez-Faire Economics
  4. Those who would be King - the Robber Barons
    1. The Characters
    2. Theories of Wealth
      1. Social Darwinism
      2. Gospel of Wealth

Identification Terms:

Thomas Edison George Eastman Bessemer Process
vertical integration horizontal integration pools & trusts
laissez-faire Gospel of Wealth Social Darwinism
Andrew Carnegie

Essay Questions:

Why was the United States able to become the preeminent industrial power by the turn of the twentieth century?

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