HIST 2057 Chapter : Reconstruction Conclusion
Document Summary
Rise of big business (industrialization- developing the capacity to make the machines [capital goods] to make products. ) Overview (hayes ends up taking troops out of the south and that ends reconstruction. Now blacks are on their own but whites still somehow make them the subordinate race and give them fewer rights. ) Factors in rise of big business: civil war, the government gives contracts to certain businesses to make stuff for the war and they make a lot of money. Railroads take a whole of steel to make. They"re also good for any kind of weather or terrain. Railroad system started time zones: communications, technology, americas known for its inventiveness, telegraph, telephone and electricity, entrepreneurs, they put everything together, role of government, government becomes an ally of business. They give land: tariffs- tax extra for foreign goods to promote the buying of home made goods.
