Monopolies In The 1920's

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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. During this time many companies became overcome by several richer companies. When this happened, monopolies started to form and nothing seemed fair anymore. No more little family companies more of one company businesses. Many Americans did not trust these new business ideas and the “Sherman antitrust act” came into play. Small business owners and farmers felt like they were being pushed around and treated unfairly by these corporations. The next issue that people had with business was the new labor laws. People were working outrageous hours, in unsafe areas, and on top of that getting paid vey low wages. The working citizens expressed their need for the government to interject into the issues and…show more content…
Writers were no longer only writing literature and storybooks. Politics was a popular thing to read and write about. Investigative journalism came alive. In 1890 drawings of political issues were being published. One specific one was put in Puck magazine and showed the “presidency as a chair being auctioned off to a room full of railroad tycoons and financers.” People were realizing the control that the businesses held over the government and how the country could not be so well run without the bargaining of these two groups. (Muckraking
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