Several industrialists had a major impact on the Gilded Age. These industrialists were Andrew Carnegie, John D. Rockefeller, Vanderbilt, Thomas Edison, and Alexander Gram Bell. Andrew Carnegie made steel from iron which helped to build railroads and buildings. He also developed a process that sped up the production of steel by 96 times. This process is known as the Bessemer Process. John D. Rockefeller owned a bunch of oil refineries and instead of drilling for his oil, he focused on refining it. Rockefeller later became the richest man in America of his time. He didn't treat his workers very well. He made them work long shifts and offered very low wages. Vanderbilt linked a railroad connecting the
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Another man that had a tremendous effect on the american economy and structure was John D Rockefeller pioneer of horizontal integration and owner of petroleum refining giant Standard Oil he was called a robber baron because many people believed he used unethical business practices to amass his extraordinary wealth. even so Rockefeller was generally kind to his workers “Paying higher than market wages he believed it helped slash costs in the long
Before the 1860s U.S. railroads were inefficient for big business to explode, and shipping goods wasn’t as easy before Cornelius Vanderbilt organized a steam ship company. He also controlled all lines of railroad linking New York to the Great Lakes. His strategy was to create a monopoly to gain wealth and power of all the effective railroad lines into one major company. He expressed competition and set unfair prices for the workers. The workers soon revolted and went on strike in 1877 due to the low pay and increase of work hours.
Vanderbilt, Carnegie, Rockefeller and so many more greatly impacted America today for what they achieved during the Gilded Age. Defining what our businesses today would be run like. Putting a foundation on America for the Industrialism. Railroads, steel, and oil are just some of the great inventions or improved elements of America today. Though we forget it took people to master the certain things so we could still have it today.
Revolution, by its very definition, represents change. Change is an inevitable, unstoppable side-effect of the passage of time and human innovation. In the 18th and 19th century, it was this innovation and ingenuity that fueled the fire of the Industrial Revolution in America. Great men, immigrants and Americans alike, created a golden age of technology and industry, thrusting the country onto the world stage of business, economics, and politics. America was no longer sustained by agriculture and the farmer, but by the never tiring steam engines, machines, and the cheap labor of immigrant workers.
During the time of the Gilded Age the governemnt (politicians) was very corrupt. Everything they did was for their own gain. " At the national level, many lawmakers supported bills aiding companies in which they had invested money or from which they received stock or salaries," (pg. 617). This quote shows that the governments lawmakers did things for their own gain intead of the good of the people.
Industrialist had a huge impact on the gilded age. The gilded age was a rapid expansion of industrialism and a massive jump in the population of immigrants in america. The industrialist during the gilded age such as Andrew Carnegie, John D. Rockefeller, and Vanderbilt had a big impact because of their businesses. Vanderbilt was the first of the three to be a leader of industry. Vanderbilt made millions using the railroad system and built an empire with them.
Steel was a much needed resource during the Gilded Age, as railroads were the most popular mean of transportation. Steel was needed for the production of these trains and railroads. Steel was produced using the Bessemer Process, which sped up the production of steel and made the process much easier. The increasing demand for steel also created many jobs, impacted the job industry. Many workers were employed by Mr. Carnegie,
The decade between 1890 and 1900 expressed a crucial time in the United States of America’s history. Many people experienced struggles throughout this time while others prospered. Mark Twain suggested that despite the significant achievements of the United States, Americans experienced poverty. This statement is an accurate description of the lively hood people experienced in their daily lives during the Gilded Age whether it was positive or negative. Many people during this time period focused on the positive outcomes that resulted from the Gilded Age such as new inventions, the gospel of wealth, additions of land to the country, urbanization, and middle-class improvements.
What was the Gilded Age and why did Mark Twain refer to it as such? To help understand this question, one must know the meaning of the word gild. Per Merriam Webster, the term gild means to “to give an attractive but often deceptive appearance to” (Gild, n.d.). After the Civil War the American people had become tired of all the corruption and simply wanted to see an end to it and to have a stable economy. The Gilded Age was fashioned to be prosperous times for all Americans, promising wealth, and an end to past political corruption.
Robber Barons and Captains of Industry Some might believe that the businessmen of the Gilded age are robber barons because of how some of them treated their workers and spent their money. The businessmen of the Gilded Age were captains of industry because of the impact that they made on the country. Carnegie, Rockefeller, Morgan, and Vanderbilt all have done things that can identify them as captains of industry. These businessmen gave their time and effort to help the economy grow.
While in "Gilded Age", all levels of government had corruption, graft public money for their own. One of the most notorious New York City Boss Tweed William M. Tweed, his wealth has more than $25 million in 1871, all was dirty money. During the period he served as mayor of New York, the city requires all public officials to report false, false ratio as high as 85%. He presided over the construction of the New York county government office buildings, 40 chairs and 3 tables then discount about $179000, but a thermometer was quoted $7500. According to statistics, in 1860 ~ 1900, American municipal debt by $200 million soared to $1.4 billion, most of them are the City boss and partisans pocketed.
In a time after the Civil War, when a transcontinental railroad was created connecting the East and West, people began to move and settle across the country, creating new urban cities and manufacturing hubs. It was because of the railroad that the Second Industrial Revolution and the Gilded Age took place which rapidly increased the manufacturing of products through the new machines in factories and the spread of ideas by the telegraph and railroad. It was in this context that many farmers, as well, began to move West and experience a loss in the prices of their crops. It is also in this context that many workers were forced to work long, laborious hours with little pay. Farmers responded to industrialization in the Gilded Age by forming organizations such as the Granger movement and the Farmers Alliance as well as creating the Populist Party.
Jessica HillisMr. GillardAP US History5 January 2007Essay 16: Gilded AgeThroughout history, certain periods of time have been given certain names based on thehappenings that occurred. Many have called the period of 1865 to 1901 the “Gilded Age”, be-cause it was “shiny and pretty” on the outside but it was “rough and ugly” underneath. The term“Gilded Age” was actually coined by Mark Twain who satired the Gilded Age with a GoldenAge.
During the period of 1870 to 1900 large corporations, such as the railway company, grew significantly in size, number, and influence. The cause of this was the need for a new way of transportation, the demand was great so the railways expanded all over the United States so that they could meet these demands. These large corporations affected the economy by making it easier to pay for everyday chores, politics in the way that it gave politicians too much power but in doing so gave normal limited power. The corporations had great power and influence which made them a huge impact to society.
John D. Rockefeller, a ruthless entrepreneur who made a deal with a billionaire (by today’s standards), Cornelius Vanderbilt. Cornelius Vanderbilt was a very wealthy man by his invention of railroads. When Vanderbilt saw a demand for oil, he turned to John D. Rockefeller to make a deal in which his trains get filled with Rockefeller’s oil. However, when Rockefeller saw opportunity strike for his industry, he invented pipelines that carried his oil throughout the United States. By Rockefeller performing this act, he became the nation’s robber baron.