6.5: Technological Innovation in the Gilded Age Flashcards
1
Q
BEGINNING
A
- Mass production of goods for international sale
- National market expansion via. railroads
- Mass production and consumption
- Gov saw railroads helping economy so gave rail companies loan subsidies and land grants [170 million acres]
- 5 transcont. railroads
2
Q
BESSEMER PROCESS
A
- Patented by Bessemmer
- Better, cheaper steel
- Blast air through molten hot iron for higher quality
- Great quantity and quality of steel
3
Q
COAL AND OIL
A
- Coal = 1st major source of energy for industry and locomotives
- Oil later surpassed
4
Q
COMMUNICATIONS
A
- Multiplication of telegraph wires
- Transatlantic wire between America and Europe = new market
- Bell: Telephone and Bell Telephone Company