How Did The American Industry Change The Economy

After the Civil War, a time period for growth and innovation took place. The American industry changed the economical customs for a long time to come. For starters, many developed new creative inventions. Christopher Sholes invented the typewriter in 1867. This caused a revolution in the printing industry, allowing the economy to flow. Many jobs were created by the Remington Company, a company that bought the design. Back then, the main acceptable job for women was to teach. This industry enabled women to perform clerical tasks more efficiently. This lead to more empowered women because of their sense of accomplishment throughout their workday. This later became a symbol for women in the workforce. Newspapers used this machine to spread important
However, with many new changes came people that wanted to take advantage of the new economy. There were over a handful of robber barons. These people were involved in unethical business practices, treated their employees horribly, and paid minimal attention to their customers and competitors. They did whatever to become successful. These industrialists were successful by turning their business into a monopoly. They would sell their product for a higher price than what it cost to obtain it. The first of the robber barons was Jacob Astor, who was known for his American Fur Company. He cheated Native Americans for their fur. When competitors would complain, he would pay them off to protect his business. His company spread all over the United States and into Canada. His business also shipped overseas. He bought ten tons of opium from the Ottoman Empire. Then, with his Fur ships, he smuggled it into China even though they banned this drug a couple decades earlier. Although his business was very successful, he did not become the wealthiest man in the country by working hard. He cheated and lied his way to success. Robber Barons made it okay to commit fraud, steal, and treat other