Ch
1. Analyze the rise in Big Business in the Gilded Age. Why was there a trend towards bigger businesses after the Civil War? How did the rise in Big Business affect business activities, including labor, and the economy? Why was the Big Business's rise so significant to the development of the American economy?
It allowed for the rich bureaucrats to become richer and more empowered. It created many jobs, and allowed for the mass production of many things that people viewed as necessary for everyday life. The ride in big business created a boom in activity, businesses were selling and buying stocks and bonds to create rise in the businesses themselves. Allowed for growth. Although it created jobs, many factory workers were paid just enough to survive (cheap unskilled labor). The economy struggled because everything was so cheap and money supply could not keep up with productivity. This drove interest rates up, limiting the amount of credit available. It allowed for big businesses to become even bigger, driving up the corporations that manufactured capital goods.
2. Why did railroads lead the way in the creation of big businesses? Who were some of the most important railroad entrepreneurs? What effect did the expansion of railroads after the Civil War have on the United States?
Railroads that now spanned the entire United States, connection every state in the Union and opened up an immense new internal market. It allowed for trading all across the country that occurred, including national distribution and marketing systems. Collis P Huntington, Jay Gould. They consolidated the settlement in the West, pushing the Indians out and making way for large corporations and big businesses to set up shop in cities close to the railroad. Ultimately, lead to the rise of big business.
3. Discuss the factors that drew more women into the work force during the second half of the nineteenth century. What kinds of women were likely to work outside their homes? What kind of work
It allowed for the rich bureaucrats to become richer and more empowered. It created many jobs, and allowed for the mass production of many things that people viewed as necessary for everyday life. The ride in big business created a boom in activity, businesses were selling and buying stocks and bonds to create rise in the businesses themselves. Allowed for growth. Although it created jobs, many factory workers were paid just enough to survive (cheap unskilled labor). The economy struggled because everything was so cheap and money supply could not keep up with productivity. This drove interest rates up, limiting the amount of credit available. It allowed for big businesses to become even bigger, driving up the corporations that manufactured capital goods.
2. Why did railroads lead the way in the creation of big businesses? Who were some of the most important railroad entrepreneurs? What effect did the expansion of railroads after the Civil War have on the United States?
Railroads that now spanned the entire United States, connection every state in the Union and opened up an immense new internal market. It allowed for trading all across the country that occurred, including national distribution and marketing systems. Collis P Huntington, Jay Gould. They consolidated the settlement in the West, pushing the Indians out and making way for large corporations and big businesses to set up shop in cities close to the railroad. Ultimately, lead to the rise of big business.
3. Discuss the factors that drew more women into the work force during the second half of the nineteenth century. What kinds of women were likely to work outside their homes? What kind of work