Unit 8 Review Chapter 23: Political Paralysis in the Gilded Age – 1869-1896 Theme: Even as post–Civil War America expanded and industrialized‚ political life in the Gilded Age was marked by ineptitude‚ stalemate‚ and corruption. Despite their similarity at the national level‚ the two parties competed fiercely for offices and spoils‚ while doling out “pork-barrel” benefits to veterans and other special interest groups. Theme: The serious issues of monetary and agrarian reform‚ labor‚ race
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These people are Andrew Carnegie‚ John D. Rockefeller and J. P. Morgan. These three dominant individuals had the absolute power of the three most important and meaningful empires. Andrew Carnegie was the king of iron and rail road. John D. Rockefeller ruled the petroleum industry. J. P. Morgan led the electric system. Andrew Carnegie and John D. Rockefeller had a personal feud caused by the death of Carnegie’s mentor Thomas A. Scott. Carnegie vowed revenge on Rockefeller by making himself richer
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beginning to build modern day America. With Carnegie’s success‚ troubles followed. Carnegie started off as a young apprentice to Tom Scott. At the young age of twelve‚ he had to work in order to help his family with expenses. At age 24‚ he was the manager of Scott’s company to expand westward. Carnegie would have to build the largest bridge in America. Since it would have been impossible to build the bridge with iron‚ Carnegie built it with steel instead. He suffered through struggles with money‚ but managed
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business people wanted to be the best and essentially get the most money. An example of this is John D. Rockefeller‚ his business was standard oil‚ when he found a way to make oil into kerosene‚ he began to crush all other competition. According to http://www.u-s-history.com/pages/h957.html “He (Rockefeller) eagerly crushed his competitors‚ ruining hundreds in his pursuit of profit.” Rockefeller didn’t care about others and became centered around his own wealth. This would be a bad thing because
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either a robber baron (Jay Gould) or a Captain of Industry (Henry Ford). Depending on how someone contributed to the growth of businesses‚ labeled them as one or the other. Some of the contributing factors that played an effect on identifying an industrialist as a robber baron or industry captain are how they came to power of the business industry‚ how they used their power‚ and how they gave back to society. These industrial tycoons were some of the wealthiest men in the US. The term Robber Baron
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gun battle which killed and injured numerous strikers and Pinkerton’s men. Andrew Carnegie had built one of the most booming steel companies in America. Throughout time‚ several mills were broken and these workers were represented so they couldn’t be laid off. Many of these workers were eastern and southern European immigrants along with their sons. Soon after‚ there was a campaign to cut workers’ wages and Carnegie pushed for it. Workers were furious with this campaign
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big businesses in America. Morgan’s trust would encompass 60 percent of the United States steel industry and would employ nearly a quarter of a million workers. Morgan would accomplish his successes by forcing his fellow tycoons Andrew Carnegie and J.D. Rockefeller to sell their steel‚ iron ore and shipping businesses to him. Morgan was different than the other industrialist tycoons‚ he came from wall street. This set him apart from many of the industrialists who despised bankers and the possible
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HISTORY 2020 FIRST TAKE HOME EXAM You may use only class notes‚ your weekly outlines‚ and your text book. Nothing will be accepted from the Internet‚ or any other source. YOU MUST EMPHASIZE CLASS NOTES AND OUTLINES! You may use your book‚ but your answers will not be correct if you do not provide responses which reflect the class lectures/discussions. YOU MUST DO YOUR OWN WORK! You are not to discuss‚ or work on the exam‚ with anyone else. All writing must be your own. YOU WILL NOT SHARE
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different charities and organizations. For Carnegie‚ he has‚“Donated more than $350 million to further public education‚ build over 2‚500 libraries.” (Website) Now that people can get a better education‚ they can get a better job and then support their family. Plus‚ poor people can check out books and get a free education‚ because there are more libraries. That way‚ they can get a job‚ support their families‚ and not be as poor. Carnegie also‚ “Created the Carnegie Corporation of New York‚ endowing it
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• “I bought a dozen volumes on banking and credit and investment securities‚ and they stood on my shelf in red and gold like new money from the mint‚ promising to unfold the shining secrets that only Midas and Morgan and Maecenas knew.” (4) The name Midas is a classical allusion that refers to King Midas‚ the man who was given the ability to turn anything he touched to gold. Morgan is a historical allusion to J. Pierpont Morgan‚ a successful‚ wealthy banker and financer‚ who dominated corporate
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