Bellwork 9/6 •1. Henry Ford is associated with what Industry? •2. Who invented the Telephone? •3. What industry is John D. Rockefeller associated with? Class Notes 9/6 (Industrialization Notes) Automobile/Assembly Line
•Henry Ford devised the Model T Car. Created by his innovative assembly line. •The car was affordable enough for many middle-class Americans to own •The Assembly Line •Everyone on the line does one job over and over •People can produce more in a shorter time period •Those Workers are also paid less because they have fewer skills Oil •Some individual businessmen were so successful that they gained worldwide recognition, like John D. Rockefeller. •Rockefeller founded an oil refinery in 1863, which became the Standard Oil Company of Ohio in 1870 •(Horizontal Integration) a monopoly Steel •Another famous businessman of the time was the Scottish-born steelmaker Andrew Carnegie •Who began his career as a railroad employee and, after making smart investments in steel and iron, founded the Carnegie Steel Company •He controlled every step of the manufacturing process, a tactic known as Vertical Integration
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