Impact Of Industrialists On The Gilded Age

The Gilded saw America 's economy boom. Steel, oil, and railroads played a crucial role in this economic boom. Owners of the biggest companies, Vanderbilt, Rockefeller, and Carnegie, were the ones who industrialized our nation. Their industrial impacts were both positive and negative.

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.

A changing culture from the late 1870’s through 1900 became known as the Gilded Age. The Gilded Age was first used by Mark Twain in his book known as “The Gilded Age: A Tale of Today”. The Gilded Age is known as a time where corruption and bad living conditions occurred on the inside of the area, but on the outside everything seemed strong and powerful, especially to other immigrants. A lot of people migrated from other countries to become part of what they thought was a perfect society, but when they arrived they realized how terrible everyone was treated and how bad the government ran. However, people stayed in the United States because they were used to things a lot worse, so America was a better area for living for a lot of the immigrants.

During the gilded age, the United States of America was going through some tough innovations. Most of the Innovations changed the way people lived and worked. One of the biggest impact on the country was the telephone which was invented by Alexander Graham Bell, the telephone helped people contact each other across thousands of miles across the country without having to wait weeks or months for mail, the impact on this was very life changing to people . Another impact of technologies in the gilded ages was the light bulb and electricity that powered the bulb, the light bulb was invented by a man named Thomas Eddison, when Eddison invented the light bulb he knew that it was going to be a life changing Impact on people, he knew that people would

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.

The Gilded Age, the period of the history of the United States from the Reconstruction to the early 20th century, witnessed the development of industrialization, urbanization, the construction of great transcontinental railroads, innovations in science and technology, and the rise of big business. There were many capable leaders who were building a better future. Vanderbilt stopped at nothing to connect the nation via railroads. Rockefeller used his trademark ruthlessness to establish his oil empire. Cities were expending to the sky, this was built on the strength of Andrew Carnegie’s steel.

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.

During the “Gilded Age”, America made numerous improvements to the functions and development of society. This was a time of renaissance in the United States, shortly after leaving a state of depression caused by the civil war and the reconstruction of our nation from World War I. We made break thorough advancements and improvements that allowed us to be where we are today. The “Gilded Age” was pivotal to the growth of our nation as a whole and led us to be as developed as we are. The three most important improvements to America through the “Gilded Age” were industrialization, transportation, and the appearance of wealth.

During the 19th century, industrialization impacted the United States in many way. Industrialists, like John D. Rockefeller, owned or were involved in management of an industry. At the time, these agents were considered a “Robber Baron,” while others were considered a “Captain of Industry.” However, many were considered good because they were philanthropists. John D. Rockefeller was born on July 8, 1839, in Richford, New York.

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.

Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s.   How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.

Rockefeller, who controlled the oil industry at the time, Cornelius Vanderbilt and George Pullman, they controlled the railroad industry, Andrew Carnegie, who controlled the steel industry and J.P Morgan a figure in the United States economy. Their industries later created monopolies, which is the complete possession or control of supply or trade in a raw material or service. John D. Rockefeller was the first monopoly. They created trusts in order to eliminate any competition. Workers noticed that they weren’t being treated equally.

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.

During the Gilded Age wealthy people lived by an unbendable social calendar. Most wealthy people spent their time going to fairs, circus, sporting events, etc. Many Women spent an enormous amount of time hosting parties. One host actually offered their guests a cigar wrapped in hundred-dollar bills. A fairly small percentage of wealthy people lived in luxury homes. Wealthy people spent their money however they pleased.

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.