Beruflich Dokumente
Kultur Dokumente
25.1 Introduction
After the Civil War, new business methods and inventions enabled
Americans to create a much larger industry Those employed in these new industries often lived and worked in miserable and dangerous conditions
practices.
Business tycoons believed in laissez-faire, the theory that economies worked best when governments didnt meddle in them Businesses were happy to accept the governments subsidies and high tariffs
Newly rich filled their palace-like mansions with gaudy decorations Mark Twain called this era of showy wealth the Gilded Age People were angry at the friendly relations between tycoons and politicians, which ended in corruption
Trains, machines, and factories led to the decrease of hand made products.
Andrew Carnegie
Henry Bessemer
Steel Making
Steel is an alloy made by combining iron and another element, usually carbon.
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Iron Tracks?
or
Steel Tracks?
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Electric Power
In 1876 Thomas Edison opened the Invention Factory which produced inventions such as the lightbulb, phonograph, motion picture, etc. He also invented the electrical power station Edison is responsible for the age of electricity.
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The Telephone
A Alexander Graham Bell invented the telephone in 1976. This invention allowed producers, sellers, and customers to communicate efficiently.
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The assembly line and interchangeable parts were two major techniques of mass production that allowed workers to produce more goods per day at less cost.