Exploring Labor Unions and Industrial Competition in the Early 20th Century
Delve into the historical context of labor unions, industrial competition, and key figures like Thomas Edison during the early 1900s. Discover the impact of government interference in laissez-faire markets, the rise of monopolies, and the innovations that shaped the industrial landscape.
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Presentation Transcript
Theory that govt interfere in the Separate unions of Laissez-faire free market should not united together skilled workers, Enforces Interstate Commerce Act Turning crude oil into useable Refining products
Federation of Labor explosion at strikers blamed for bomb Haymarket Affair demonstration Labor leaders American (AFL) of 1886 Shareholder Commission stocks-(partial Commerce Purchaser of Interstate owner)
competitions & low Entrepreneurs that tactics to destroy incandescent light Invented the first used ruthless Robber Baron wages bulb over the supply of a product or service complete control Company having Monopoly National Market
Thomas Edison Bessemer Steel Economic way to produce steel Process improvements make goods anywhere in it possible to sell Join together Transportation Consolidate the nation
