1870-1900 the time period after the civil war had many significant impacts. The era of reconstruction came before the gilded age. Reconstruction after the civil war had a goal of rebuilding and unifying the nation. Then the Gilded age had a strong focus on rapid industrialization, economic growth, and increasing social inequality. Big business had a significant effect on the American economy and political environment from 1870 to 1900. The number, size, and power of corporations increased quickly, having both beneficial and detrimental effects. The Gilded Age, which spanned the years 1870 to 1900, had a significant impact on major enterprises and businesses in particular. Mass manufacturing, one of the new ways that efficiency was being used, …show more content…
As a result of new technological advancements, improved manufacturing processes, and economies of scale brought about by the growth of firms like Standard Oil, U.S. Steel, and the railroads, output levels rose and new markets were opened up. Because of the economy's expansion, many Americans now enjoy improved living standards, higher earnings, and reduced pricing. Document A demonstrates how During this time food, Fuel, lighting and overall price of living prices declined dramatically. This shows how agricultural, Mining and lighting innovations led to reduced prices. Falling prices of agricultural Goods led to Farmers being unhappy. Farmers were discontent with the deflation and changing supply and demand in the market. This displays how Americans appreciated the decline in prices for their overall necessities but were upset by the decline in wages and became discontent. William Jennings Bryan delivered the well-known "Cross of Gold Speech" at the Democratic National Convention in Chicago, Illinois, in 1896. He favored silver over gold. This is an illustration of someone trying to make the economy accessible for everyone. However severe economic inequality was instead a result of the concentration of wealth and power in the hands of a small number of industrialists. As large corporations dominated their respective industries, they exercised significant control over markets, including pricing, wages, and …show more content…
On document C economist David A Wells compares the way that people worked in these factories to working in the military, because each worker was taught to perform one simple task. This took away from workers' pride in what they did. Mass production techniques led to the specialization of Labor decreasing the workers Drive and lowered their skill level making them relatively easy to replace and become unemployed. Document G entitled "What Does Labor Want?" by Samuel Gompers shows how workers were unmotivated to continue their work. Gompers states that people should not be considered property and adds that the mass production techniques being used were dehumanizing. He also conveys that companies should be helping support communities that they are near to. Gompers also insist on the right to organize and that workers deserve to be paid adequate wages in that law should be passed to help with workers compensation. The financial cloud of railroads left employees helpless in many ways. Document E by Andrew Carnegie called "Wealth" explains how some business leaders believed in charity but also saw themselves as Superior compared to the common human. This shows how Business Leaders were not very humble and not often remembered where they came from and how they were once in the same position as these people that they are treating so unfairly. The labor on the Railroad and Farm was tedious and they were not compensated for how
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In the decades following the Civil War, America saw a period of rapid progress that dramatically changed the nature of America’s industries and came to be known as the Second Industrial Revolution. This period resulted in dramatic economic expansion and urbanization, and while these changes were beneficial for large businesses, they impacted others, like farmers and other small businesses, negatively. For instance, the railroad network, which was making its way across America, expanded the farming industry so rapidly that prices dropped, putting many farmers deeply into debt. Furthermore, railroad companies and the government actively exploited the influence they had over the farming industry to ensure that farmers would remain economically
Andrew Carnegie, a late 19th century steel magnate, was immensely successful during the Gilded Age. He kept wages low while eliminating competition, so that workers had no choice but to stay in Carnegie’s company. The Gilded Age is so called because the top appeared to be gold (i.e. the richest people were doing extremely well) but on the inside there were insurmountable wealth inequalities (I.e the rich succeeded at the expense of the rest of the nation). Andrew Carnegie was a large causer of wealth inequality . In his “Gospel of Wealth” he justifies the trend by stating that in an ideal world the rich would give to the poor, but unfortunately our world is impossible.
The Gilded Age (1877-1895) was an age of wealth and deregulation. This age was a time in mass growth in population and jobs for U.S citizens and immigrants. The Gilded Age was run by the wealthiest people of the time called Robber Barons. One of the Robber Barons was John D. Rockefeller he was the head of the Standard Oil Company and one of the world's richest men. He used his fortune to fund ongoing philanthropic causes.
This [trust] resulted in the discharge of a large number of laborers who had to suffer in consequence . . . The most distressing feature of this war of the trusts is the fact that they control the articles which the plain people consume in their daily life” (Document E). Finally, the cruel punishment of the workers in the workplace is seen in the previously mentioned, “Concentration of Industry, and Machinery in the United States,” Annals of the American Academy of Political and Social Science. “They [the labor class] reproach the machine with exhausting the physical powers of the laborer; . . . [t]hey reproach it with demanding such continued attention that it enervates, and of leaving no respite to the laborer, through the continuity of its movement . . .
Emily Veit Mr. Tubbs AP US History 24 January 2023 APUSH DBQ The Gilded Age was an age of political and economic growth that occurred after the Civil War and before the 20th century. The transcontinental railroad made travel easier and let people expand westward. Companies began to set up and mass produce products for cheap via production lines. Although the United States experienced great economic and political growth during the 1870s to 1900s, because of the working conditions and the government being influenced by large corporations, many Americans were dissatisfied with the effect of these corporations that caused this growth.
In the post-Civil War United States, the South was in shambles. During the period of Reconstruction, Southern states had to be readmitted to the Union. The period from 1870 to 1900 is known as the Gilded Age, and it helped improve the unity of the country. Transcontinental railroads were being built and big corporations were being formed. The American people benefited from these changes because goods were easily available.
The Gilded Age is the period which between the end of the Civil War in 1865 and the beginning of The World War I in 1914. During this period, as a result of rapid industrial growth, immigration, and technological innovation society transformed. Gilded Age not only was an great era for progress of arts, sciences, and industry, but also was a time of social and economic inequity. The production of iron and steel increased dramatically; the abundance of resources, such as lumber, gold and silver, in the western part of the country caused the need of improved transportation.
The 1870s, 1880s, and the 1890s were apart of the Gilded Age because it was a time of major technological innovation and a rise in foreign trade for the U.S. It was also a time when businesses expanded not only in each area of the manufacturing process but in the number of buildings as well. One key economic feature of the Gilded Age was railroad tracks because they played an important role in the transportation of manufactured goods and allowed those products to reach places they have never been before. An important social aspect of the Gilded Age was the corruption and lack of government control of large companies because many politicians supported them, making them essentially untouchable. The definition of “gilded” means that a layer of
Many had to work in unsafe conditions in which one can easily lose their life. For example, according to Robert owen ( 1771-1858) “ Working condition were difficult and dangerous. Small children worked alongside their parents in the factory.” These dangerous conditions brought social inequality as the working class were treated as if their lives do not matter. Since the workers could be easily replaced, the owners did not care about the quality of the working conditions.
From 1865 to 1900, the Gilded Age was a period of vivid reform and an era of corruption, and unfettered capitalism. During this era, the United States turned from an agrarian society of small producers into an urban society dominated by industrial corporations. Big businesses would monopolize industries and have influence in the US economy as giant corporations dominate banking, manufacturing, railroads and steel, benefiting the rich by giving them the power to make more money and have more clout. As the power of big businesses and the federal government would only benefit the upper-class, laboring class Americans attempted to better their lives by demanding better working hours, wages, using labor unions, and going on strikes.
The nation was moving more towards mechanical power, causing production and output to increase. These inventions of efficient machinery were a major advantage for employees, whose labor was now considerably decreased. According to a report made by English businessmen sent to study American industries in the 1850s “everything that could be done to reduce labour in the movement of materials from one point to another was adopted.” These reductions included lifting and carrying materials around, even from floor to floor. Since machines were being used for all of the rigorous parts of production, production was more efficient and cheap and not at the expense of the employees.
The Gilded Age in America lasted from 1878- 1889. During this time many industries experienced drastic growth and as a result, an influx of immigrants flooded America. The 3 biggest industries included railroads, factories, and coal mines. Working conditions during the Gilded Age were poor, with low pay, unsafe working conditions, and long hours. Large corporations throughout the Gilded Age controlled the pay of many workers within the United States , held great political power by influencing legislation, and had a negative impact on a majority of American citizens.
As shown in document A, the price of food, fuel, and lighting all dropped significantly from 1870 to 1900. This drop in price of necessary goods meant that people didn’t have to spend as much money on such items and could instead spend it on items for comfort and leisure. This lead to an increase in the quality of living across the entire country. Another way that the big businesses of the time were able to control the economy was by destroying all other competition in their respective industries. Businesses were able to do this through tactical pricing, trusts, pools, and vertical integration.