What were some of the major problems during the industrial growth?
im writing a report and in one of the paragraphs im talking about the economic depressions during the industrial rev. heres what i have so far:
Industry in America, at this point in time, had a special pattern called the business cycle. In the business cycle, industries would go through good times and bad times. In 1873, there was a great economic depression that lasted for five years. This was one of the biggest depressions that there were. Another word for a depression like this was a panic. In this age, the industries would stop growing and companies would start to lose their businesses. This was called a bust in the business cycle. Workers would lose their jobs too. Slowly, things would start to pick up again and grow more. This was called a boom. The Sherman Antitrust Act made it illegal for a corporation to gain control of industries by forming trusts. Still, many of the industries in the United States grew throughout 1860 and 1900.
what else should i put?
http://answers.yahoo.com/question/index?qid=20070215150210AAjGS4f
http://answers.yahoo.com/question/index?qid=20061213153152AAU77s0
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