Carnegie was an entrepreneur that thrived efficiency and at the time he was one man that few could be compared to. By cutting down his costs of steel, and under selling his competition he was able to create powerful steel mills. Suddenly, due to his steel production, bridges and skyscrapers were popping up. These creations were not just possible, but they were also affordable. Carnegie's steel lead to a national growth, accelerating the rate of America's industry as it already was.
This large gap of social classes would stand to cause a great economic growth in America, predominantly at the expense of the lower social classes. Social classes were shifted very abruptly during the Industrial Revolution due to the increase of capitalizing on industry and manufacturers, the specialization of work tasks in manufacturing, the need for smaller and more finesse-based workers, and other factors, which in turn would ultimately benefit the American economy (however, at the expense of the lower classes). The first reason why a large social gap was created was due to a great increase of individuals, mostly rich, white males, who capitalized on the industry and on manufacturers. These individuals invested their wealth into factories, and owned them. These factory owners were typically, if not always wealthy, due to their taking advantage of factory workers, and the factory’s high output of product (therefore resulting in a high input of income).
The numerous inventions led to the radically increasing American economy. There would be more export of goods which would mean higher flow of money into the economy to boost the value of the American dollar. Mass production was cheap and it meant more goods can be produced, resulting in more pr... ... middle of paper ... ...e busy cities and worked in the manufacturing and textile industries because the jobs altered from self – production to mass production. By constructing the road to a colossal economy, developing countless jobs with a better work ethic, and making life easier with innovative inventions, the American Industrial Revolution was a blessing to America’s progression. Inventions starting from the cotton gin by Eli Whitney to the Model T invented by Henry Ford, the American lives and economy changed drastically.
A brilliant innovator named James Watt created one of the most important technologies called the steam engine. The introduction of steam engines was very essential for the workers since productivity of labor became a lot quicker and it allowed innovators to create more inventions easily through steam. Steam engines were given many uses to different varieties of industries. People were able to transport things easily by the use of steam locomotives. “It prepared the way for the development of more sophisticated heat engines and for the large-scale generation of electricity, which together effectively displaced it from its supremacy in the 20th century”.
Of all the countless factors that attributed to the unparallel success of the industrial revolution in England, there were a select few that really played roles front and center of everything. Debatably, the single largest factor of the growth for the industrial sects of England was the close proximity of the factories, markets, ports and cities to one another. Moving raw materials and finished products became very cheap to do England. Aided by the invention of the steam-powered locomotive things could be shipped very quickly and cheaply increasing the profits. With a growth of profit margins it put much more capital into the hands of business owners to expand their companies and grow the industry even more.
New developments led to mass production, which allowed the average American to buy new items that were manufactured. Finally, this led to people believing that America was destined to be the strongest country in the world, encouraging them to buy more items and shares, which created the economic boom.
After the Civil War, the United States had a total transformation. The country used to be mainly agricultural, but by the late 1800’s it became the world's leading industrial nation. Railroads and new inventions emerged rapidly along with big businesses. Huge corporations controlled the economy and a large amount of job opportunities emerged. Sadly, workers were mistreated and the workplace was a dangerous place to be, but that did not stop the average people from fighting for their rights.
Mark Twain once called Industrialization an, “Era of incredible Rottenness.” Industrialization had both negative effects and positive effects on city life. While big businesses thrived, the gap between the rich and poor grew larger day by day. Progressive reformers sought to close this gap and bring together the nation. Industrialization was very beneficial to American business owners. Following the civil war, industries transformed into modern powerhouses.
The power and growth of America was seen through the power of a few important individuals that used their money and intelligence to power the country through these individuals. The objectives that these capitalists were able to achieve were superb, but means that these people used to gain power could be seen as corrupt and illegal. Andrew Carnegie was able to create jobs, just like Larry Page, through his manufacturing of steel. His steel was used for things such as railroads and skyscrapers. The steel helped the trade in the US increase with the increase of railroads.
The Bessemer process had an impact not only on on the manufacturing system, but largely in the US economy. The mass production allowed for, the possibility to use steel in the construction of buildings, bridges, and railroad lines. These infrastructures were crucial to the success of the US economy as it migrated to a free enterprise economy. Each of these innovations and developments increased productivity, and was the backbone behind the the growth that occured during the Gilded age. Newly created jobs were meeting the demand from the population