AMH 2020 Chapter Notes - Chapter 19: The Work Foundation, Standard Oil
9 Feb 2017
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The american industry owned its remarkable growth with the abundance of coal, iron, timber, petroleum, and water power. Many immigrants began to migrate to the u. s, 8 million arrived in the 1870s and 1880s. The railroad began to open more opportunities any parts of the country, it opened a national market, the u. s had the largest free trade market in the world. Eager to promote economic growth, all types of government gave money, land, and other resources to manufacturers. The railroad, telegraph, telephone, and steamship brought enormous changes. The railroad and steamships were able to transport good and people along the oceans. The telegraph and telephones was able to communicate with people across the nations, this process alone with communication advanced the economy. Everyone noticing the change that the railroad was bringing, they started to build the empire, by building and contributing/supporting with money. But they built too much, this brought competition.
