CHAPTER OBJECTIVES

After you finish reading and studying this chapter, you should be able to:

Delineate the important long-term factors in the growth of the economy in the late nineteenth century. Understand the developments that produced the second industrial revolution in Germany and the United States. Describe the role of the major entrepreneurs like Rockefeller, Carnegie, and Morgan. Account for the limited growth of unions in this period and the success of the Knights of Labor and the American Federation of Labor. Discuss the major labor confrontations in the period. Explain the limited appeal of socialism for American labor.