Effects Of Industrial Growth
The method of transportation increased making the movement of goods and products easy, cheap and reliable from one area to another. The American railway system linked the United States by rail from coast to coast. The expansion of the railroads was made possible by steel. This system spurred economic growth. Petroleum and petroleum-based products (kerosene) was used as a machine lubricant and a source of illumination, but also to heat and light homes.
C. Technology allowed advances in communication which also provided a boost for the economy. Such developments as electricity had become more usable (now found in homes) and allowed businesses to operate after dark. The telephone provided quick communication that was vital to the operation of big business.
The business boom triggered an increase in investments. As businesses prospered, people were willing to share in the profits. Their investments provided the capital companies needed to expand their businesses by having the ability to provide enormous sums of capital. As wealth of the large manufacturers grew, their political power grew as well. Government corruption became more common when big businesses tried to influence government actions in their …show more content…
Five (5) specific groups that were affected by industrialization and examples for each are: A. Immigrants
1. Came to the US with limited knowledge of English, education and limited work skills.
2. They worked at unskilled jobs for long hours and low pay.
B. African Americans
1. Faced prejudice, violence and inequality especially in areas where black and white Americans competed for economic opportunities.
2. White groups such as the KKK threatened African Americans who attempted to exercise their rights by use of violence and political and social intimidation.
C. American Indians
1. Suffered from the white Americans’ racism, paternalism and the belief that the US had a “manifest destiny” to control all the land between the Atlantic and Pacific oceans.
2. White settlers began to demand the extermination of the Indians.
1. Vulnerable to falling crop prices, debt, and unable to meet the powers of corporate capitalism on a level playing field.
2. Deflation pushed down the prices of all goods, while their debts stayed the same.
1. Were denied the right to vote
2. The “New” Woman was the development of a different youth culture of new fashions from hair, dresses, etc.
How Industrialization Affected the Life of the