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US- Corporations are legal
The Supreme Court legally defines corporations even if privately owned
-RESULT: people begin to invest in companies -
US- steam engine increase
As the amount of steam engines in the US factories increased, companies like textile mills were able to produce more goods.
-CAUSE: technological advancement faster and efficient production
-RESULT: need for more workers ( women) for simple jobs; rise in business -
US- production growth= new means of transportation
As consumer goods production only increased, transportation for these goods needed to be quicker and more efficient.
CAUSE: production output growing
RESULT: railroad construction to connect major industrial areas; more $ towards canal and rarilroad construction -
Rockefeller's Standard Oil Co.
Home grown oil helped US save $ and rise to largest industrial power
CAUSE: co. neede a lot of fuel to produce goods
RESULT: #1 manufacturer -
South's Post Civil War Income
After civil war, farmers had small labor force and turned to industrialization to make up for lost land and income.
RESULT: Rise of business and corps. in south -
Pampas and wool increase (Argentina)
demand for agricutural goods increases.
CAUSE: Britian invests in export market to obtain these natural resources
RESULT: increased yield in grain -
Steel MIll Industrial Boom
As steel became more readily available in the North, buildings equipment and transportation were being made at a cheaper cost.
CAUSE: steel mills increased
RESULT: migration to industrial cities; large wave of labor force; need more workers introducing women to workforce -
Immigration Wave
Lasting from the 1880's-1900's a wave of immigrants flooded the country. Most of them settling in the urban areas a large labor force was available.
RESULT: business owners pay less but produce more with increased # of workers and longer hours -
Immigrant Wave ARGENTINA
Europeans seek refuge in Argentina in hopes of freedom and fleeing persecution.
CAUSE: WW1
RESULT: immigrants= more workers -
Immigrants and Production
Production increasing
CAUSE: so many working immigrant farmers
RESULT: regionalism and territorial fragmentation -
Railroads argentina
CAUSE; goods are in high demand and must be shipped quicker
RESULTS: railroads connected to pampas (farmland), railroad construction growing -
Women, Black, and Immigrant workers
Union started to become more popular as these workers were treated unfairly (ie. low pay, long hours,etc)
CAUSE: population growth
RESULT: labor reforms -
limited industrial growth ARGENTINA
Argentina's economy solely dependent on exports. Industrial growth is limited because of the export economy (not much need for assembly lines and factories when goods are grown)
CAUSE: industrial farmers and Britain's need of natural resources
RESULT: develop dependency on Britain purchasin goods -
Assembly line created
Thank you Henry Ford (creator)!
CAUSE: needed products to be made more efficiently due to high demands
RESULT: good tr usts/ bad trusts situation