The Second Industrial Revolution Causes: Shift in workforce (rural to urban) Growing domestic market Expanding raw materials Invention of the telephone, telegraph, and railroad Government support Spirit of innovation Expansion of capital Competition and consolidation Effects: Focus began to be dominated by single companies (monopolies) US became the industrial powerhouse Increased wealth and inequality Rise of big business (Carnegie Steel, Standard Oil) Unprecedented economic growth Environmental damage The Gilded Age Social Impacts: New social order: More wealth concentrated in the hands of the few Rise of the middle class Poverty and class distinctions increased Working-class slums vs. middle-class suburbs Freedom in an unfree era Lack of economic independence Increasing wealth disparity Freedom in the Gilded Age The Dream of Freedom: New social order required new ways to make sense of the new social order Americans covered political freedom to be divided to mark sense of social divides Freedom as absence of restraint Limited government, currency reform, the gold standard Labor and the Republic The Dream of a Living Wage: Great Railroad Strike: Series of demonstrations nationwide in support of striking railroad workers refusing to work for wage cuts Labor organizing began Showed solidarity among workers and rise of the Republic's conflict with industrialists The Knights of Labor and an "Elusive Utopia" The Haymarket Affair Haymarket Square Chicago, 1886 - Bombing during a protest of the Haymarket Square, Chicago, 1 dead and 80 injured America's Gilded Age Content: The Second Industrial Revolution Causes: Shift in workforce (rural to urban) Growing domestic market Expanding raw materials Invention of the telephone, telegraph, and railroad Government support Spirit of innovation Expansion of capital Competition and consolidation Effects: Focus began to be dominated by single companies (monopolies) US became the industrial powerhouse Increased wealth and inequality Rise of big business (Carnegie Steel, Standard Oil) Unprecedented economic growth Environmental damage The Gilded Age Social Impacts: New social order: More wealth concentrated in the hands of the few Rise of the middle class Poverty and class distinctions increased Working-class slums vs. middle-class suburbs Freedom in an unfree era Lack of economic independence Increasing wealth disparity Freedom in the Gilded Age The Dream of Freedom: New social order required new ways to make sense of the new social order Americans covered political freedom to be divided to mark sense of social divides Freedom as absence of restraint Limited government, currency reform, the gold standard Labor and the Republic The Dream of a Living Wage: Great Railroad Strike: Series of demonstrations nationwide in support of striking railroad workers refusing to work for wage cuts Labor organizing began Showed solidarity among workers & rise of the Republic's conflict with industrialists The Knights of Labor and an "Elusive Utopia" The Haymarket Affair Haymarket Square Chicago, 1886 - Bombing during a protest of the Haymarket Square, Chicago, 1 dead and 80 injured

Give Me Liberty - America’s Gilded Age

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