RECONSTRUCTION - Industry

Question 1

CW impact on Industry

Answer 1

Higher Demand = Mass Production & Distribution, new Financial infrastructure such as Paper Money & Higher Tariffs

Question 2

CW impact on Transport

Answer 2

NY > SanFran, 6months > 6days
1,000s of workers
‘60 > ‘80, 3x the railrds

Question 3

CW impact on Land Availability

Answer 3

Railroad development, expansion of Farming Mechanisation

Question 4

CW impact on pop. Growth

Answer 4

31M > 50M (‘60 > ‘80)
Consumers & Cheap Labour

Question 5

CW Impact on Availability of Capital

Sellable Products

Answer 5

Developed Stock Markets, Increases in Investment & Shares, in ‘80 2nd largest money markey Globally

Question 6

CW Impact on Gov. Role

Answer 6

Laissez Faire, Employers always favoured; No Workers Rights

Question 7

CW impact on Tech Growth

Answer 7

Buisnesses keep prices low & re-invest profits, ‘Bessemer Converter’ speeds up Steel Production (Carnegie)

Question 8

Corperations & Trusts

Answer 8

Corperations buy, sell & own properties, ‘Trusties’ Bypass laws thaty prevent buisnesses from getting too big in other states

Question 9

Urbinisation

Answer 9

‘50 > ‘90, Chicago: 30k > 1M+, overcrowded Slum Housing, The ‘Boss System’

Question 10

The ‘Boss System’

Answer 10

Corrupt local mayor; Bought Votes by selling Houses & other Neccessities

Question 11

Agriculture

Answer 11

Big Agribuisness, Farmers in Debt buying new equipment, Prices of goods Dropping