Farmers were falling into unprofitable production and debt using all the profit innovating machines the government encouraged them to use. Foreign products led to unprofitable life, and farmers fell into a depression. Many parties were formed to speak what was on their mind, one of the main parties includes the populist party, fighting for what should be truthfully theirs. Businesses prospered near the late nineteenth century. Many monopolies, centralized banks, and trust were produced due to this industrialization rush.
Moreover they were discontented with the approach that the government had taken towards the situation. After the civil war, America found itself with a high production rate, resulting in overproduction and falling of prices, as well as an increase on economic stress and the beginning of panic and prosperity cycles. The wars demand for products had called for a more efficient production system; therefore new machinery had come into place. New tools, such as the reaper, shown in document D, the wheat harvest of 1880, were introduced and facilitated production for farmers, making overproduction more probable. Variation on prices than begun to occur as shown in document A, Agriculture prices in 1865-1900, where a greater amount of goods became available for a more convenient price.
Even with the collapse of the progressive movement, the American populat... ... middle of paper ... ... educated middle class. Conclusion Progressivism in the United States caused numerous social and economic changes. The movement emerged as Americans sought to address numerous ills in the society. Although the United States power was experienced across the globe, the general population was concerned about various problems that threatened to destroy the social fabric. Unethical practices of emerging business firms were some of the issues targeted during the period.
Improvements in transportation allowed larger competitors to sell more easily and more cheaply, making it harder for American yeoman farmers to sell their crops. Finally, years of drought in the Midwest and the fall of business in the 1890s devastated the farming community. Most notably, the Populist Party arose to fight what farmers saw as the issues affecting the agricultural community. During the last thirty years of the nineteenth century, many farmers in the United States saw railroads and banking enterprises threaten their way of life; their work to fight these elements eventually led to a change in national politics. The growth of the railroad was one of the most significant components in economic growth.
New farming machinery gave frames the ability to produce more crops. Railroads quickly transported goods but also forced farmers to pay hefty fees. The booming industry also changed American agriculture, creating monopolies which the farmers could not compete with. Economically, the monetary policy along with the steadily dropping prices of agricultural produce led farmers further into debt. And, finally, the government policies favored large and wealthy industries and monopolies over the farmers.
Railroad companies used rebates to win over the large business owners and made up the loss in profit by charging smaller shippers way more. During the last twenty years of the nineteenth century, farmers considered monopolies, trusts, railroad, and loss in silver backed dollar as threats to their agrarian lifestyle. Overall, the farmers blamed their problems on two things; the money supply, and the railroads which were valid complaints. The expansion of the railroad was one of the most significant elements in American economic growth. However, the railroad owners faced extreme competition and needed a way to win business.
Progressivism The age of progressivism was a time where the middle and lower classes joined together to attack the upper crust elites. During the populist movement there was more of a separation of classes; the farmers blamed just about everyone, especially the more cosmopolitan population, for their economic loss at the end of the nineteenth century. Towards the beginning of the twentieth century however, the rich kept getting richer and the poor got poorer. When the Industrial Revolution was at its peak, the railroad owners and developers saw a large increase in their revenue. The gap between the middle class and the upper class very quickly became much larger.
In response, American citizens reacted negatively and formed labor unions and political systems to diminish the power that large corporations had in America. The growth of large corporations had impacted American politics by causing governmental corruption because of the power some industries had in society. Since the government had used laissez faire in the late 1800s for the big businesses to... ... middle of paper ... ...he government to the ordinary people as explained in July 5, 1892 by the Omaha Morning World –Herald (Doc F). Lastly, the laws for the regulation of businesses was enforces until President Theodore Roosevelt had also contributed by suing companies that violated the Sherman Anti-Trust Act. The Gilded Age was known as the Second Industrial Revolution because there was change in the economy, politics, and society.
Industrial Britain experienced overcrowding in the cit... ... middle of paper ... ...untry to function. Political and agrarian revolutions changed this hierarchy in France and Germany, respectively. France’s revolutionaries demanded equal representation and took up arms to place the citizenry in the dominating position, which challenged a hierarchy that was hundreds of years old. In the German Empire, serfdom kept the peasantry poor but in control of the means of production. After the Napoleonic Wars, the German states issued legislation that would stimulate the agricultural production necessary to generate income and make reparation payments.
The decades after the Civil War rapidly changed the face of the United States. The rapid industrialization of the nation changed us from generally agrarian to the top industrial power in the world. Business tycoons thrived during this time, forging great business empires with the use of trusts and pools. Farmers moved to the cities and into the factories, living off wages and changing the face of the workforce. This rapid industrialization created wide gaps in society, and the government, which had originally taken a hands off approach to business, was forced to step in.