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Oil Grains Iron Coal Rubber Resources from the earth that are used to make manufactured goods. Production technology Communications technology Transportation technology Millions of immigrants came to America and made up a large portion of the industrial labor force. Capitalists Manufacturers produce what consumers want Manufacturers compete for consumers •Low prices •High quality •Private property •The government doesn’t own resources or factories All members of a capitalist society are trying to keep as much money as possible Natural resources Production Food, clothing Rent, taxes, electricity, etc. Wages Distribution Everyone tries to make more than they spend. •NO GOVERNMENT INTERFERENCE IN BUSINESS •ABSOLUTE FREEDOM! The Essential Question to bear in mind as we study the industrialization of America.