February 12, 2013
AP History Mods 1-2
Document Based Question Essay While the initial stages of big business trace back to pre-Civil War America, it was not until the post-Civil War time period that large corporations effected on American society. From Rockefeller to Vanderbilt to Carnegie and all in between, these men and their businesses had unprecedented influence on American life. John Rockefeller created the Standard Oil Trust, with the intention of his business, Standard Oil Company, becoming the oil monopoly; short after, The Homestead Strike against Carnegie Steel aroused massive public support for unions. Likewise, big businesses’ growth and influences brought about a decline in the cost of living and the birth of a new political party. As a whole, the rise of big business in post-Civil War America caused a downward economic spiral while simultaneously increasing American hostility toward government and corporations, ultimately leading to the birth of new political and philosophical movements. The growth of corporations in post-Civil War America led to economic deflation which subsequently widened the gap between the rich and the poor, paving the way for a change in labor and the relationships between social classes. The chart form Historical Statistics of the United States depicts the connection of the increase in big business with the improved innovations of mass production in agriculture. While improved farming equipment increased the crop production, the demand for produce declined, creating economic deflation. In response to the farmer’s plight, Charles Macune came up with the idea of the subtreasury plan, a plan that would allow farmers to store their nonperishable commodities in government warehouses until the market prices rose. Also, as a response to the farmer’s struggle the Farmer’s Alliance was created with the intention of alleviating farming hardships. Similar to agricultural mass production, Theodore Dreiser’s Sister