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.
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.
J. D. Rockefeller: The Business Tycoon Who Changed American Society For 29 years, the Standard Oil Trust dominated the oil refining business around the globe. The head of this magnificent franchise was the industrialist of the century, John Davison Rockefeller, Sr. Coming from humble beginnings, Rockefeller had to work hard to prosper in life. By the time he died, Rockefeller had become the richest man to have ever lived. He created the first American trust, which was soon copied by other businesses thus changing American society. The idea of the trust created a huge gap between America’s middle-class population and the “gilded” upper-class that controlled all the big businesses and corporations by the middle of the 20th century.
The start of the 19th century Industrial Revolution started a chain reaction of changes throughout the country. There was a major change in the way people saw the world, no longer did society only depend on nature for basic survival. The development of machinery led to moving the work environment from the home into factories. Cities expanded and wealth among communities grew although; there was prosperity among some communities not all were so lucky. Members of rural communities moved into cities for a chance to prosper economically, but ended in despair as their children eventually were forced into labor, and their families were victims of discrimination.
In the years following the Civil War, the American economy was suffering from extreme disorder. However, during the late 1800s and early 1900s, important leaders of American industry arose, essentially transforming the American financial system from chaos to efficiency. These powerful men shaped America into a world superpower and the country’s economy sparked jealous across the globe. Their contributions to business positively affected not only the United States’ economy, but society as well. Andrew Carnegie, John Davison Rockefeller, and John Pierpont Morgan reflect the mammoth industrial age of America.
Andrew Carnegie and the Rise of Big Business Andrew Carnegie was the pioneering tycoon of the 19th century. From his companies emerged the steel to build the infrastructures such as railroads, bridges, automobiles, and ships that would build a nation in need of direction. He was a major player in the transformation into the Industrial Revolution producing the steel to make machinery and transportation possible. Carnegie built his empire from cost control, low prices, low profits, and high volume to make himself the richest man in the world. In his philanthropic stage of life, he became the world's beneficiary to education, as he is responsible for the construction and donation of thousands of libraries in the U.S., Europe and around the world.
Adding to the surplus in available labor was the boom-bust cycle. The depression of 1873 undermined the position of many worke... ... middle of paper ... ...ctuals to the conditions laborers faced. This would lead to the progressive movement at the start of the twentieth century. The railroad was America's first big business. It pulled people from farm labor and individual proprietors to working for wages for a large corporation.
In the period 1865-1900, technology, government policy, and economic conditions all greatly changed American agriculture at the expense of the farmers. New farming machinery had a large role in the late 19th century, giving farmers the opportunity to produce a surplus of crops. The railroads also had a large influence on agriculture. Although they were able to quickly transport goods, the railroads were also used to charge the farmers large fees. The booming industry also changed American agriculture, creating a multitude of monopolies which the farmers simply could not compete.
An example of this was the Revenue P... ... middle of paper ... ...23 percent of the nonfarm workforce. It was FDR’s belief that encouraging these unions to fight for and gain higher wages would increase the purchasing power of the working class thus, stimulate the economy. In conclusion, government’s response to the Great Depression changed the lives of non-elite members of society. It changed them negatively at first because, Herbert Hoover’s strategies for fixing the economy failed and drove working class people even farther into debt. Things changed when FDR took over as president.
New sources of energy, such as the coal-powered steam engine, helped entrepreneurs change the way their work was done and helped power the Industrial Revolution. Also, declining death rates due to the agricultural revolution decreased famines and led to a population explosion. Thus, large numbers of people migrated to cities.