Preview

Monopolies Dbq

Good Essays
Open Document
Open Document
473 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Monopolies Dbq
Kelsey Crouch
AP United States History
Mrs. Webb
January 22, 2013
Document Based Question The United States changed drastically after the civil war mainly because of industrialization. Corporations became powerful and significantly grew, changing the dynamic of America. What once used to be a country that consisted of puritan societies is now the largest industrial center of the world. Between 1870 and 1900 the impact of big business affected the economy (Agriculture v. Mass production), politics (Monopolies v. Labor unions), and even the American people (employment opportunities v. Discrimination). Railroads controlled almost everything, including the economy. The railroad president “can fix the price of freights, and thus command the food” supplies of the nation (Doc B). Improved agricultural innovations drastically reduced food prices (Doc A), which led many farmers to become discontent. Thomas Edison’s invention of the incandescent light bulb allowed for twenty-four hour production, longer work days, and night shifts. This led to mass production of goods, which combined with improved transportation allowed for department stores to open. Retail is what drew people into the city (Doc I), and job opportunities (Doc J) are what kept them from ever leaving. “This is a senate of the monopolists by the monopolists and for the monopolists” (Doc D), clearly indicates that the senate is controlled by the big businesses. John D. Rockefeller was a monopolist that used horizontal integration in order to put his competitors out of business (Doc H). Small businesses believed that it was the government’s job to protect and defend them against unfair practices such as the ones used by Rockefeller. The populist platform wanted to work towards being able to elect the senators (Doc F) so that monopolies were no longer present. Labor unions were created because mass production quickly became dehumanizing (Doc G) due to specialization of labor (Doc C). Workers became

You May Also Find These Documents Helpful

  • Good Essays

    2000 Dbq Analysis

    • 972 Words
    • 4 Pages

    During the years following the Civil War corporations like the steel, oil and railway businesses were booming. Businessmen like…

    • 972 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The Civil War and the period of Reconstruction brought great social, political, and economic changes to American society. The Ku Klux Klan, the black codes, and tenant farming all effected the United States in different ways. The effects of these changes continued into the 20th century.…

    • 821 Words
    • 4 Pages
    Good Essays
  • Good Essays

    During 1880 to 1860, The United States of America went through social, political and economic changes, which affected the North and South in different ways.…

    • 952 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Big Business Dbq

    • 565 Words
    • 3 Pages

    Big business created a large uneven distribution of wealth in the country. Many people were filthy rich and many were stuck in low wage, low skill industry jobs. The working men and women responded by, “demand[ing] a reduction of the hours of labor” (Document G). They also claimed, “That the lives and limbs of the wage-workers shall be regarded as sacred” (Document G). Workers demanded better working conditions and wages and eventually were given these policies as pure capitalism became regulated capitalism. This capitalist system also led to the “American Dream”. The theory that brought thousands of immigrants over to America in search of opportunity. The influx of immigrants worked low paying jobs which aided in supporting the growing economy. The American people benefitted from big business by receiving…

    • 565 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Throughout the 1800s America has changed in a lot of ways even though some were small changes some were significant America still changed. America changed socially, politically and technology America changed socially in so many ways. On of the ways America changed socially was during the civil war. The civil war was a war that was fought to end slavery. When slavery ended many slaves were still slaves and they still had no right to vote.…

    • 405 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    During the late 1800s, the Civil War and the period of Reconstruction brought great changes in America. One cause that led to the Civil War was slavery. As a result of Reconstruction, there were several changes including segregation and the given rights of African American. The effect of these changes continued into the 20th century.…

    • 568 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In the era of Reconstruction to the end of the 19th century, the United States underwent an economic change marked by the rapid expansion of big business. The rapid corporate growth in America started in the end of 1860s, after the end of Civil War. The first period of Big Business rise matched with important changes in the American society. These were the end of Civil War, abolishment of slavery and several other political reforms, resolution of social tension between the North and the South, and economic recovery of the South, known as Reconstruction. Unlike the Civil war, the rise of big businesses took place without violent political transformation because the past historical events already established all the political conditions for a peaceful economic change.…

    • 823 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Monopolies Good or Bad

    • 509 Words
    • 3 Pages

    A monopoly is a single company that owns all or nearly all of the markets for a type of product or service. A monopoly is at the opposite end of the market structure. It is where there is no competition for goods or services and a company can freely charge a price or prevent market competition. Monopolies have three built in assumptions, one seller, no substitutes or competition, and extremely high barriers to entry. Examples of monopolies are public utilities and US Postal Service.…

    • 509 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Lolk

    • 1666 Words
    • 7 Pages

    During 1880 to 1860, The United States of America went through social, political and economic changes, which affected the North and South in different ways.…

    • 1666 Words
    • 7 Pages
    Satisfactory Essays
  • Good Essays

    The Industrialization of the United States Benefited as well as hurt our economy, society and government. The initiation of railroads and the growth of American Industries played a very important role in the growth of the country. Railroads made it businesses able to spread their product throughout the nation and Industries raised the Manufacturing rate and profit. These two advancements benefited our citizens greatly, but had its flaws and downsides.…

    • 495 Words
    • 2 Pages
    Good Essays
  • Good Essays

    monopolistic competition

    • 393 Words
    • 2 Pages

    An example of a firm operating in monopolistic competition is The Wendy's Company. The market for this company is fast food (specifically, burgers). This company operates in monopolistic competition because there are lots of companies in this market (McDonald's, Jack in the Box, Burger King, etc.). Each company advertises virtually the same product, but certain companies produce a product that is slightly better than the products produced by other companies, so these companies have a slight advantage. Due to this slight advantage, these companies are able to sell their products at a slightly higher price, and advertise their products as higher quality (Wendy's commercials highlight that their burgers are more "fresh" than their competitors' counterparts). The presence of a large number of companies indicates that there are few barriers for a new company to enter this market.…

    • 393 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Oligopoly Market

    • 7321 Words
    • 30 Pages

    Nafisah Mohammed (nafisah@ukm.my) Pusat Pengajian Ekonomi Fakulti Ekonomi dan Pengurusan Universiti Kebangsaan Malaysia Suhaila Abdul Jalil ( suhaila@upm.edu.my) Jabatan Ekonomi Fakulti Ekonomi dan Pengurusan Universiti Putra Malaysia…

    • 7321 Words
    • 30 Pages
    Powerful Essays
  • Satisfactory Essays

    Monopolistic Competition

    • 358 Words
    • 2 Pages

    convince you that my coffee is better because it has a darker richer color, then you will pay a bit more for it.…

    • 358 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Monopolistic Competition

    • 2929 Words
    • 12 Pages

    Pure monopoly and perfect competition are two extreme cases of market structure. In reality, there are markets having large number of producers competing with each other in order to sell their product in the market. Thus, there is monopoly on the one hand and perfect competition, on the other hand. Such a mixture of monopoly and perfect competition is called monopolistic competition. It is a case of imperfect competition.…

    • 2929 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Monopolistic Competition

    • 1348 Words
    • 6 Pages

    Marshall’s perfect competition was an illusion. Mrs. Robinson’s imperfect competition and monopoly were also away from reality. Pure monopoly is a myth. Seller can claim monopoly only and only if he has command over buyer’s choice. No seller can have such a control because buyers have an alternative to buying. Not buying. So long as that option exists, monopoly remains a myth.…

    • 1348 Words
    • 6 Pages
    Better Essays