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Fredrick Taylor

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The Working Class

The New Consumer Culture

Panic of 1873

Scientific Management

Knights of Labor

American Federation of Labor

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The American Federation of Labor which was also known as the AFL which was led by Samual Gompers who passed in 1924. The AFL drew their focus towards economic gains for specifically its members. They had a strict policy where they couldn't interfere with other union's individual business. By the year 1900 AFL had 500,000 members and by 1914 that number had grown to 1 million and by 1920 that number had grown to 4 million. Although this was huge they excluded a lot of factory workers.

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The working class stemmed from origins within people after the Industrial Revolution. Since many enterprising leaders didn't inherit wealth it caused many people turn embody the dream of achieving many things through discipline and hard work.

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The new consumer culture gave people the option to open accounts and purchase on credit which secured business and allowed the consumers to buy without using ready cash. This happened because wages were so low but people were buying stuff readily.

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Scientific management was when an engineer by the name of Fredrick Taylor had a management style known as "stop-watch management." This meant he divided manufacturing tasks into short, more simple lengths which encouraged factory owners to find efficiency over benefits.

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The knights of Labor also known as the KOL widened its base and appealed more members. Someone important was Uriah Stephens was the one that grew the KOL and made it big from its small existence which was during the panic of 1873. It grew to a national size by 1878 which was the same year the KOL had their first general assembly. They adopted a reform platform which included a renewal call for workday that was 8 hours and equal pay no matter the gender. Their concept stemmed from "One Big Union." which is known as the idea which welcomed all wage workers, no matter their occupation. This included people like women, African Americans, Native Americans, and also immigrants. The KOL grew to a large size of 700,00 by 1886.

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The panic of 1873 was an economic recession because of the over-speculation on railroads and the closing of multiple banks which made people look for jobs no matter the conditions or the wages. The people also called this the "Great Depression."