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Causes of Rapid Industrialization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Causes of Rapid Industrialization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thomas Alva Edison ,[object Object]
The Light Bulb
The Phonograph (1877)
The Ediphone or Dictaphone
The Motion Picture Camera
Alexander Graham Bell Telephone (1876)
Alternate Current George Westinghouse
Alternate Current Westinghouse Lamp ad
The Airplane Wilbur Wright  Orville Wright Kitty Hawk, NC – December 7, 1903
Model T Automobile Henry Ford I want to pay my workers so that they can afford my product!
“ Model T” Prices & Sales
U. S. Patents Granted 1790s    276 patents issued. 1990s    1,119,220 patents issued.
Causes of Rapid  Industrialization ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Business Culture ,[object Object],[object Object],[object Object],[object Object],[object Object]
2.   Social Darwinism ,[object Object],[object Object],[object Object],[object Object],Herbert Spencer
2.   Social Darwinism in America William Graham Sumner Folkways  (1906) ,[object Object],[object Object]
New Type of Business Entities ,[object Object],[object Object],[object Object]
Standard Oil Co.
New Type of Business Entities ,[object Object],[object Object],[object Object],[object Object],[object Object]
Iron & Steel Production
New Type of Business Entities
U. S. Corporate Mergers
New Financial Businessman ,[object Object],[object Object]
Wall Street – 1867 & 1900
The Reorganization of Work The Assembly Line
% of Billionaires in 1900
% of Billionaires in 1918
The  ‘Robber Barons’  of the Past
Cornelius [“Commodore”] Vanderbilt Can’t I do what I want with my money?
William Vanderbilt ,[object Object],[object Object]
Relative Share of World Manufacturing

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Rise Of Big Business