America has been changed due to the accomplishments of many entrepreneurs, such as Cornelius Vanderbilt. Cornelius Vanderbilt started as the owner of one steamboat, and slowly built his one boat into a fleet of many boats. As the International Railroad was nearing completion Vanderbilt did the unthinkable he sold his entire company of boats and bought a rail line. Vanderbilt then began to slowly buy out other lines, until he eventually owned most of the lines in the east. Vanderbilt's net worth was eventually an astonishing 215 billion dollars in today's money. Vanderbilt sought to own all of the Rail Lines in America, but was only able to achieve 40% of the Railroad. The Eerie line would complete Vanderbilt's goal to own all of the lines in
American businessmen, of the 1800’s, built America to be one of the greatest superpowers in the world. To start, businessmen of the 1800s consisted of men like John D. Rockefeller, Cornelius Vanderbilt and Andrew Carnegie. Some of these men were split by how they got their money; Captains of Industry and Robber Barons. Captains of Industry were business leaders that helped the nation in a positive way. On the other hand, Robber Barons were men that shrewd capitalists, swindled the poor and benefitted for themselves.
People always say that the best inventions ever are phones or computers, but there is one that people take for granted. This invention changed the way we look at shipping forever. The Transcontinental railroad changed the United States economically more than socially or politically because, it allowed western states export their goods easier, increased the amount of goods exported, and made it cheaper for states to export their products. The U.S was changed more economically, because it helped transport the western states goods to the east so it could be transported. Lovelock Nevada was a city that mined silver.
Industrialists such as John D. Rockefeller and Andrew Carnegie, had made major impacts during the Gilded Age. They changed the way we do things like transport things, and the rules of business. They made mass production of items, and paved the way for improving working conditions. John D. Rockefeller would become one of the most powerful, and the richest men in the history of the United States due to him owning 90% of all the oil refineries. With the railroad business taking advantage of all his oil profits he made the idea to transport some of his oil through the system of using pipelines.
The Civil War had concluded and America was on the path to rebuilding itself as a single nation. America experienced many changes such as large amounts of urbanization and industrialization, while also taking their own chance at imperialism. America’s urbanization and industrialization was a result of the Civil War. Many individuals began transitioning from rural areas to urban areas by the beginning of the twentieth century. These urban areas began to experience new inventions such as the automobile, highways, and entertainment such as sports and film.
Industrialization and Industrialists had many important impacts on America. The era of industrialization known as the " Gilded Age" opened up many new doors for the American people. The industrialist Andrew Carnegie had one of the biggest impacts on America by far. Carnegie was responsible for the production of steel.
Grand industrial and economic growth, as well as personal opportunities for monetary success, were never higher than in the Gilded Age. The founding Industrial Fathers such as Andrew Carnegie, Henry Ford, J.P. Morgan, and Cornelius Vanderbilt, to name a few, were the pioneers of the Gilded Age and without them, the United States would not resemble even a fraction of what it does today. Without question, these men were the driving force behind the industrial boom, but the debate rages on as to whether these corporate magnates were sagacious business men seeking to debauch the United States for the procurement of monetary superiority or if they were a benevolent force seeking to bring America to the highest level of economic success ever seen
Proposal Yu Hu 胡宇 General Remarks For over thirty-five years after the Civil War, the United States of America entered into a period of fast reconstruction. During this time, there is a man called Andrew Carnegie who made a huge impact on America’s post-war recovery. He led an enormous expansion of American steel industry in the late 19th century.
Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.
The Gilded Age was a period of economic growth as the United States jumped into the lead of industrialization. The nation was rapidly expanding its economy into new areas. Railroad expansion grew as trains shipped goods West to the East. Steel and oil were in great demand. Electricity opened new businesses.
Cornelius Vanderbilt was a smart business man which caught people’s attention. He used low fares which made people use his company. Using low fares made his company sky rock threw the roof and just after 5 years he made over 25 millions dollars just from the railroad company (Gale 1). After his success he expanded the rails to the west. This was a big turning point for the railroad company, not only will it bring in more money to the company it will also have people travel farther instead of having short railroads, where they won't bring in more money and he created system spanning several states lowered costs, which increased efficiency, and sped up travel and shipment of goods (Gale 1).
The transcontinental railroad system developed after the Civil War in 1869; this was at the time of the Gilded Age. The reason why the railroads were industrialized, was to revolutionize and expanded the economic growth throughout the United States. Thus, allowing commercial goods to be delivered for a lower rate, as well as, transporting people across the country from coast to coast. During this era, Jay Gould became a railroad mogul, by monopolizing the railroads. As stated in the textbook, 'He operated in the stock market like a shark".
Economic Change in America Change is relevant within every time period, however, very substantial changes took place in the Americas following the War of 1812. Future success of the American society was to be dictated by the support the federal government supplied to domestic manufacturing and infrastructure to make drastic improvements economically. The imposition of high tariffs, advancements in transportation and the development of the cotton gin are among the most important changes made in the United States during this time.
The impact it had on the gilded age was the number of jobs it provided to the fresh-in immigrants. Vanderbilt knew that he could hire immigrants and they would work for not that much money and with these new railroads america will be shrunk for easier expansion of the immigrants.
With the advent of the railroad, many of these issues disappeared. Railroads had a major impact on advancing the American economy, transforming America into a modern society, and improving an antiquated transportation system. The building of railroads created rapid economic growth in America. Railroad companies employed more than one million workers to build and maintain railroads. At the same time, coal, timber, and steel industries employed thousands of workers to provide the supplies necessary to build railroads (Chapter 12 Industrialization).
James Madison was in some of the most influential government position during some of the most decisive times of American history with in turn had a lasting effect on the future of America. James Madison grew up in Virginia and attended Princeton University with a degree in law, government, and history. He was a political person who wrote the constitution, was secretary of state, and was later president. James Madison is most well know for his work on the Constitution, but was also the secretary of state and the president in times that had the most impact of America as we know it.