this time many “Big Shot” industrialists became quite wealthy from this‚ although most industrialists used ruthless business tactics to accumulate their wealth. Andrew Carnegie believed in the moral duty of the rich giving back to the community so he spent much of his wealth paying for libraries‚ universities‚ trust funds‚ and Carnegie Hall to be built also creating more jobs (Shown in Document 8). Another Economic effect on the United States was the American entry into WWI. The army for the United
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Big Business and Labor 1. Describe two ways in which Carnegie tried to control the steel industry. Carneige tried to take control over the entire steel industry through vertical integration and horizontal integration. Vertical integration is which a company buys out its suppliers so we bought companies that supplied his raw materials such as iron‚ coal‚ and railroads to transport the steel. Horizontal integration is when a company that produces similar products merge together so he used that technique
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Lauren Martinez APUSH Ms. Pellecchia February 2013 America’s industrial growth during the period from 1870 to 1900 was greatly impacted by growth of large corporations that affected the economics and politics of our nation. As corporations began to grow‚ so did their power and influence. Their numbers grew to be so significant that they were known to be one of the major forces within the United States‚ with both a great amount of power and the ability to control much within
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APUSH - Cornwell FEB 16-24‚ 2011 1. INDUSTRIAL AMERICA in the LATE NINETEENTH CENTURY • Corporate consolidation of industry • Effects of technological development on the worker and workplace • Labor and unions • National politics and influence of corporate power • Migration and immigration: changing face of the nation • Proponents and opponents of the new order (e.g. “Social Darwinism and Social Gospel”) AMSCO pp. 333-347 (CH 17) EV pp. 543-573 (CH 18) ESSENTIAL
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Jack in thr Bean Stalk US History 6B January 29‚ 2013 The Gilded Age (1877-1900) The phrase "America’s Gilded Age" typically brings to mind the financial exploits and dazzling wealth of the "robber barons": Vanderbilt‚ Rockefeller‚ Morgan‚ Carnegie‚ and others. The fortunes they made have left us with lasting monuments that‚ in most of our minds‚ exemplify the era: mansions in Newport‚ treasure-filled libraries and museums in Manhattan. The truth however‚ shows a side that was anything but glamorous
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After the Civil War‚ America was still amidst great turmoil and economic instability. During this time period‚ the ultimate goal for Americans was to seize the “American Dream”. This was defined by most as being able to support their family and live a comfortable life. Although some did achieve this‚ many faced social‚ political and economic hardships. Beginning with the unjust treatment of African-Americans‚ then the struggles of immigrants‚ and followed by the rise of big businesses‚ the challenges
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History has seen some of the most famous entrepreneurs. From Andrew Carnegie and John D. Rockefeller to Bill Gates and Steve Jobs. These famous entrepreneurs we know of today have shaped the very existence of mankind. They have built wonderful businesses and have left lasting legacies. But today‚ in the 21st century‚ a new business has emerged and is allowing people from all walks of life to enter the entrepreneurial world and become famous entrepreneurs as many have done before them. 21st Century
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Progressive Era The rapid industrialization of the cities during the late nineteenth century led to many problems and conditions that needed to be solved. These reforms became the foundation of the progressive movement. The two major problems were the unfair labor conditions and the abusive practices of big business owners. The reform also required laws are passed by different levels of government. First major problem consisted of unfair labor conditions. Women and children made up a large population
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Society struggles with conformity. We accept those who are normal and those who are alike‚ and usually discard the more unique individuals‚ but it is those unique individuals who are meant to change society. Modern schooling is corrupt‚ as it molds us from a young age to conform so that in the future we are easy to control‚ and Gatto claims that the corruption of the school system was created by architects of the system themselves. Gatto utilizes evidence from history and society to prove that modern
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and it is easier and less conventional than you think. Small Giants – By: Bo Burlingham – The title says it all‚ small business is the new big business. The E-myth Revisited - By: Michael Gerber - The new entrepreneur’s bible! Mastering the Rockefeller Habits - By: Verne Harnish - Strategies for rapid growth. Get The Edge - By: Anthony Robbins - You gotta have the right mindset to succeed. Read this! The 4-Hour Workweek - By: Timothy Ferriss - Takes the E-Myth and applies
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