the economy and increased work force‚ but increased the city’s population tenfold within a decade. Also one of the most important drivers of American economic expansion was the dominating presence of Robber barons. Such men as Andrew Carnegie‚ John D. Rockefeller and J. P. Morgan were able to monopolize large industries which consisted of a relatively small amount of members‚ which resulted in the unequal distribution of wealth between those of lower and higher economic classes. Americans generally
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this time. Big companies would force workers to work long days for very little pay. Many immigrants did not know this before going to work for these companies. This would make the company’s rich‚ but the workers were poor. This practice was used by Carnegie. He would work his workers 12 hours a day. He only gave his workers a day off once a year‚ on July 4th. A lot
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the end‚ he owned over 40% of trail lines‚ symbolizing his power. A forthcoming competitor‚ John D. Rockefeller‚ was making his name in oil refinery. His Standard Oil knocked Vanderbilt off his title as the richest man. This ruthless corporation supplied tons of homes with kerosene lighting‚ built 40‚000 miles of oil pipelines‚ and stunned top competitors. One of whom was Andrew Carnegie. Carnegie‚ investing everything‚ gains millions by producing steel. This introduced a new way to build homes
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interest rates and restricted the availability of credit • Jay Gould‚ Collis P. Huntington‚ James J. Hill • Interstate Commerce Act and Interstate Commerce Commission‚ 1887 • J. Pierpont Morgan • Andrew Carnegie • John D. Rockefeller and Standard Oil • Sherman Anti-Trust Act‚ 1890 • United States v. E. C. Knight Co.‚ 1895 • Thomas A. Edison • Henry W. Grady and the "New South Creed" • William H. Sylvis and the National Labor Union • Terence V. Powderly
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in great length and detail about Huey Long and Father Coughlin‚ who were extremely influential politicians‚ and their opposition to the new society of big business and high technology. They felt that the owners of large companies such as Rockefeller‚ Carnegie and Pullman were to blame for the financial woes of the United States. Long and Coughlin were successful in taking their arguments and beliefs to the American people in the 1930’s. Huey Long was an energetic‚ passionate young man at a very
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Chapter 14 Section 3 Big Business and Labor 1. Terms & Names * Andrew Carnegie- a Scottish-American industrialist‚ businessman‚ entrepreneur and a major philanthropist. * Vertical Integration-a company’s taking over its suppliers and distributors and transportation systems to gain total control over the quality and cost of its product. * Horizontal Integration- the merging of companies that make similar products. * Social Darwinism- an economic and social philosophy—supposedly
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goods by railroads‚ and workers placed under bad conditions. Industrial giants were people who wanted to become rich. Most of them started off poor with little money if not‚ no money at all. One industrial giant who started off poor was Andrew Carnegie who hired many employees‚ which decreased unemployment
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Writing Workshop #7: Using Opposing Documents in DBQs The goal (though not absolute requirement) is always to try to use all of the documents in a DBQ. But students are often unsure of how to use documents that do not support – and may actually contradict – their argument. The following techniques will help you figure out how to do that. Sample Question (DBQ #7 in back of text): Historians have often portrayed the capitalists who shaped post-Civil War industrial America as either admirable
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new machinery that would’ve made their farming process were put out of business by competitors. This made people move away from the farm life and into the city for better jobs to support their families. The big businessmen like John D. Rockefeller and Andrew Carnegie were more focused on making a profit for themselves. The economic growth affects society negatively and positively during the Gilded Age. The positivity was industry’s creation of jobs‚ new inventions‚ and new ways to use things. The negativity
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exemplified by David A. Wells‚ “...the people who work in the modern factory are‚ as a rule‚ taught to do one thing—to perform one‚ and generally a simple operation; and when there is no more of that kind of work to 1 George Rice‚ “How I Was Ruined by Rockefeller‚” New York World‚ October 16‚ 1898. do‚ they are in a measure helpless.”2 Furthermore‚ as Wells
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