In the era following the Civil War, Industrialization had many leaders. These leaders achieved the great growth of the economy and industry of the United Sates, leading the United States to become the leading industrial power in the world. Many historians question how honest these men were with their actions, we critique them because of the way they distributed their fortunes. It is true; many of these industrial leaders did cause harm socially, creating barriers and many competitions nationwide. They are called “industrial statesmen” for the great economic power they helped America become.
With new job opportunities, progressive ideas, an air of liberalism had engulfed the American continent. This openness and jubilance was most evident in the arts, entertainment and economic sectors of the economy. The changes in these areas largely affected the 1920’s and to were a great extent responsible for the Roaring Twenty’s nomenclature. The American economy had rarely witnessed such great prosperity as it did after the World War I.
From the time period of 1870 to 1900 the growth of big businesses in the United States had a major impact on the economy, politics, and the response of Americans of Americans to these changes. These businesses grew significantly in number, size, and influence and had an ever-lasting effect on Americans and their surrounding community. Industry and its new technologies have had an amazing impact on reducing the costs of the goods necessary to life, such as food prices, fuel and lighting prices, and the cost of living (Document A). The standard of living of most Americans should have increased, as more wages would be left over to spend on luxuries. Aware of the extra-money available to working families, the different pieces of a Big Business have acted in such a way to suck that extra-money from the poor families.
America has always been thought of as the land of opportunity, and as the country became more developed, many saw that this dream could become a reality. After the Civil War and towards the end of the 19th century, America became an industrial empire and was transformed into an economic giant. With the discovery of new raw materials and the enhancement of the technological era, many people took on the jobs of becoming businessmen. However, some of these businessmen became so interested in gaining as much money and power as possible, they became known as “robber barons”. In this essay I will be arguing that it is completely justified to call industrial leaders robber barons because of their ruthless business practices.
Most of the ex-samurai families were initially in a great position to wield power in the new government, since they tended to be the land owners. There were some exceptions however, since in the new economy profit meant power, the merchant class did see a rise in influence in the new political system. Unfortunately this new power applied only to the very wealthy merchants who could make vast profits trading with other countries. The Oligarchs ended up opening the government somewhat to ‘commoners’ but only so far that they tended to pick people from the old ruling families since they tended to be the best educated, in effect keeping power in the Elites
America Transformed Timeline and Paper HIS/110 January 31, 2011 America Transformed Timeline and Paper The industrialization of America contributed to the economic development of the country in many, many ways. Firstly, we need to define industrialization, which usually refers to a change from home and hand production to machine and factory production. The invention of water-powered spinning and weaving machines greatly increased production of material. The cotton gin, which was invented by Eli Whitney in 1794, greatly increased the cultivation of cotton in the south. When steam power replaced water power, industries and factories arose, creating industrialized areas which attracted more and more people with the promise of paying jobs.
The US has become a major world power in the late 19th century because we have created so many things to become industrialized. Many people came into the cities because there were many jobs available so the city growth increasingly populated. Working conditions of these jobs where horrible. The populists seen this and tell the world about the small farmers problems. Carnegie seen that the rich becoming more rich will help the economy prosper and become better.
business, especially on the international level, industrialization had a very big impact, as shown in Document 5. On the graph, it showed how from 1870 to 1920, there was a very noticeable increase in the amount of money the United States gained because of their business in international markets. This could have been caused also by the rise of big businesses and new policies that were being made, as well as because of the invention and manufacturing of many new things. It is clear that the value of their exports increased dramatically, allowing U.S. business to rise. In conclusion, there were many social, economic, and political reactions cause by industrialization and urbanization between 1890 and 1920.
The development of these technologies changed transportation, manufacturing, and even communication. These technologies also contributed to creating huge factories, through standardization, and thus furthering urbanization. The assembly line was a massive factor in industrialization, although it was invented pre-civil war; it allowed the mass production of goods and increased worker efficiency. People were now able to afford things that only the wealthy would have been able to afford in the past. On the other hand, the assembly line did indeed deskill many workers, and further reorganized how the people made a living.
Railroads were considered the big industries back then. They employed hundreds of people, produced mass amounts of money, and contributed transportation. It was a very productive and needed industry. Much different business started branching off of the railroad system and becoming money makers of their own. After the war companies began to combine into one legal obligation and owners now had trusts in the company so many different people were co-owners.