How various factors (raw materials, labor supply, new technology, business organization, growing markets, and friendly governments) combined to thrust the United States into worldwide industrial leadership
How this explosion of industrial capitalism was both extolled for its accomplishments and attacked for its excesses
How American workers, who on the average benefited, reacted to the physical and psychological realities of the new economic order
A thorough study of Chapter Seventeen should enable the student to understand the following:
The reasons for the rapid industrial development of the United States in the late nineteenth century
The impact of individual entrepreneurship and technological innovations in promoting industrial expansion, and the development of new industries such as steel, oil, automobiles, and aviation
The changes that were taking place in the incorporation, organization, and management of American business
The ways in which older notions of individualism and the newer concept of Social Darwinism combined to preach the gospel of wealth and to justify the social consequences of the new industrial capitalism
The critics of the new industrial capitalism, and the solutions they proposed
The conditions of immigrants, women, and children in the work force
The attempt by organized labor to form national associations, and the reasons why craft-based labor organizations became the norm
The reasons that organized labor generally failed in its efforts to achieve its objectives
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