Fill in the blanks using these lecture notes.
More information on the Industrial Revolution can be found on-line.
CAUSES OF INDUSTRIAL GROWTH AFTER THE CIVIL WAR:
1) The US. had achieved a stable government, which encouraged foreign
countries to invest in
the U.S. Domestic investment also increased.
2) The U.S. had large amounts of unused land which contained what seemed like an endless supply of natural resources.
3) Westward movement increased mining, cattle, and railroad industries. These industries caused increased production and movement as well.
4) The population of the U.S. doubled between 1865 and 1900 from 36 million to 76 million. Natural increases and immigration from Europe & Asia created a surplus in labor (workers).
EFFECTS OF INDUSTRIALIZATION:
1) Production increased.
The total goods and services produced by the US
went from $2 Billion in 1865
to $13 Billion in 1900, an increase
of over six times.
By 1900, 5.5
million people were factory workers.
and Effects] [Big Business]
[Economic and Electric Power]