HIST 2013 Lecture Notes - Lecture 2: Looking Backward, Jacob Riis, Merit System
Document Summary
Chapter 16 america"s gilded age no class next week - reading chapters 17. New york the rst skyscraper (symbols of urban growth) 1880 - 3. 4 million (drastic) heavily nancing the industrialization and westward expansion. Chicago center of steel and farm cattle processed into meat products. Pittsburg center of iron and steel manufactory central role of the railroad allowed this growth and expansion linked the country and the national markets together allowed for products to be moved and sole. 1883 - major railroad companies came together and divided the country into the four time zones. 1st electric generation in manhattan supports growth of population. General electric the spread of electricity became essential competition and consolidation the market is highly volatile the 1st big depression (1873-1897) Europe was also signi cantly impacted ruthless competition corporate initiatives to stabilize marketplace a lot happening with in ation pulls, which divided markets. Thomas scott - railroad forged an economic empire railroad executive.