dominated the economy and may be referred to as "Robber Barons."� These corrupt businessmen did not care about their consumers or employees. The "Robber Barons"� only cared about how to gain more profit for their corporation. John D. Rockefeller and Andrew Carnegie‚ dominant businessman of the late nineteenth century‚ monopolized the oil and steel industries. These shrewd businessmen known a "Robber Barons"� made billions of dollars and controlled their industry. Small businesses could not match
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The Growth of Industrialization in the Late 1800’s In the late 1800’s the United States underwent a major transformation as a country‚ in becoming the world’s leaders in industrialization. During the early 1800’s the industrial growth was steady but slow and most American companies were still relatively small. It wasn’t until after the Civil War that the United States experienced a huge growth in big business due to innovative new technologies and services most importantly the Transcontinental Railroad
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Andrew Carnegie used a new invention to start his steel company. John D. Rockefeller started Standard Oil. The company became a corporation. It bought small companies. This got rid of competition. Standard Oil became a monopoly. It owned 90 percent of America’s oil. No competition meant consumers had fewer choices. Monopolies could provide poor service or charge higher prices. After making large fortunes‚ Carnegie and Rockefeller gave millions of dollars to schools‚
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Industrialization after the Civil War in America had absolute outcomes on society‚ economy and politics. These outcomes changed farms to cities in society‚ also‚ came the emergence of major and lastly‚ prominent also corrupt businessmen ruled the government. After the civil war industrialization helped our society‚ the economy and also corrupt businessmen that ruled the government. Our society improved due to the freeing of slaves to women rights improving. The economy developed a corporate
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immigration and a rise in the work force which involved women entering into more jobs. These jobs were often in dangerous and dirty conditions‚ which labor unions attempted to improve. As industry increased it lead to tycoons such as Andrew Carnegie and John D. Rockefeller who used their power to control the government. Corruption in industry and politics led to revolts‚ riots‚ and ultimately violence. Increasing industry and job opportunities caused social and economic changes. The chart of
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James A. Garfield was born in 1831 in a small place called Cuyahoga County‚ Ohio. He was born and raised fatherless‚ so he grew up strong-willed as the man of his house. When he became of age to start going of to college‚ Garfield chose the prestigious Williams College in Massachusetts in 1856. Garfield studied to become a politician and his hopes and dreams came true as he was elected to the Ohio Senate in 1859 as a Northern Republican. Garfield was well known as a loyal Unionist and kept his ways
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Financial success is no different. Andrew Carnegie is remembered as one the most famous businessman of the 1800s and in American
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Leslie Nguyen Mr. Ramezane Period 4 U.S. History 6 October 2014 Captain of Industry OR Robber Barons? During the post-Civil War period‚ the economy of the United States grew at a rapidly rate. The richest men in the U.S. Andrew Carnegie‚ J.P. Morgan‚ John D. Rockefeller‚ Jay Gould and Cornelius Vanderbilt are the people who helped with industrialization since they made steel‚ banks‚ oil‚ and railroads. Since they donate their money to expand markets‚ provide jobs and establish buildings or companies
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The Industrial Revolution is undoubtedly a very important part of America’s history. Looking back on that era‚ it is clear to see that it was a time for some serious change. That change‚ however‚ came with its ups and downs. With all the new machines invented and rapid social and economic change taking place‚ lives were definitely being changed. The nation experienced urbanization during this era and the impact of the events that happened then still make a resonating impact on us today. Politics
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Are the Rich Happy vs Homeless: A Comparison Are the Rich Happy is more compelling than Homeless because the author uses wry cynicism to shine a light on rich people’s money problems being about social status rather than money while Homeless is based on describing the homeless problem. Although both of these stories are written in different ways‚ one being a narrative while the other is descriptive‚ they are both dealing with two different ends of the human financial spectrum. Are the Rich Happy
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