The Economics of Industrialization
The development of manufacturing on a large scale. This includes steel, oil, mining, and railroads. Also impacted by Industrialization were social networks and consumer goods
The Ingredients of Industrialization
Natural Resources
Human Resources
Transportation networks
Captains of Industry or Robber Barons
Invention and Innovation in the Industrial Age
New Ways of doing business - Corporations
The Impact of Industrialization on American Society
The independent spirit of the average Industrial worker DIES
Labor's Response to rapid Industrialization - Unionization
"Sweat of the laborer lubricated the vast new industrial machine. Yet the wage workers did not share proportionately with their employers in the benefits of the age of big business."
The U.S. Government's response to rapid Industrialization
The U.S. employs a system of laissez-faire capitalism. The government felt that the free market economic system would operate best with little or no interference by government.