Industrialization Extra Credit

1. Use the information below to complete a notes sheet.

2. Read, The Growth of American Industries, and complete the task at the end.

Why Did the U.S. Become a Great Industrial Nation?

Factors of Production: those things needed for industry to develop

• natural resources - raw materials

• the U.S. is abundantly wealthy in this area

• human resources - people to do work

• many immigrants came to the U.S. in the late 1800’s

• many Americans were leaving their farms and going to cities to find work

• capital resources - all of the man-made items such as buildings, machines, etc. needed to turn raw materials into finished products

• these items cost money (money is another capital resource)

• in the late 1800’s there were many people with money to invest in new businesses

Video Review

In the years following the Civil War the U.S. had all it needed to become industrialized. In addition, the following things helped:

• new inventions

• new sources of power

  • water and steam began to be replaced with oil and electricity

• improved transportation

  • expanding railroad network

  • bigger, faster ships

  • made it possible to move raw materials and finished products more quickly and more cheaply

  • made it possible to reach new markets

• more consumers (people who buy things)

  • more demand for products led to more production

• improved communication

  • telegraph (1840's)

  • telephone (1880's)

• government help

  • incentives to railroads to expand

  • high tariffs and low taxes

  • few immigration restrictions