Big Business: By: Cecilia Bean
Big Business: By: Cecilia Bean
Part 1
By: Cecilia Bean
Carnegies Innovations
Andrew Carnegies background:
- came to America when he was 12
-became private secretary in the Pennsylvania railroad business
-from rags-to-riches
-gave money to public libraries
Innovations:
-left his job to enter the steel business
-manufactured more steel than all the factories in Great Britain
New Business Strategies:
-make better products more cheaply
-attracted talented people
-encouraged competition
-gain control
Social Darwinism
Principles of Social Darwinism:
- Charles Darwins theory of biological evolution
- laissez faire
A New Definition of Success:
- premise of survival and success
- rich people= God loves you, poor people= you get what
you get
Big Business
part 2
Tessa Ganellen
-Long hours
-No vacation
-No sick days
-Injuries
-Low wages
Craft Unionism
-Members= skilled
workers from one or
more trades
Industrial Unionism
Members= Skilled and
unskilled workers
Socialism
Unions turned to Socialism to solve the
problems of the workers
Great Strike
of 1877
Haymarket
Affair
Homestead
strike
Strike
against steel
company
Pullman
Company
Strike
Women Organize
Women organize to fight forEqual pay
end of child labor
better working conditions