I'd like to add one more issue to the discussion. The Industrial Revolution changed the concept of work in America on several levels. First, as productivity advanced, so did the need for more workers and more work hours. More people entered the workforce than ever before, actually causing a nationwide shift in polulation from the rural to the more urban areas, where the jobs were.
The State Children's Health Insurance Program, or SCHIP, was established by the federal government ten years ago to provide health insurance to children in families at or below 200 percent of the federal poverty line.
The two men had left Shockley Semiconductor and helped to found Fairchild; they figured they could do it again. They resigned from Fairchild, and in July of 1968 -- putting up $250,000 apiece and getting another $2.5 million in investments -- they started a new company named Intel, short for Integrated Electronics. Intel set about making memory chips, and within three years had invented the very first microprocessor.