Justin Clement APUS DBQ Big businesses controlled the economy and politics throughout 1870-1900. They were in control of the prices for certain items because they destroyed their smaller competitors until there was no competition left. They had much sway over politics and took away the people’s say. As we can see from Document A, between 1870-1899, the price for food, fuel, lighting and living decreased with the emergence of big businesses.
In the early 1900s, corporations and monopolies were major concerns, especially the larger corporations and monopolies that dominated the market and were controlled by trusts.
Throughout the 19th century, industry as a whole became a major power house of society. Lust for invention and scientific thinking were encorporated into the mindsets of the American population. Sparked from thought and invention -- most notably from Thomas Edison, Alexander Graham Bell, the Wright Brothers, and Henry Ford -- industry was vital in influencing social and economic competition. As poverty increased in America -- resulting from rapid immigration and a competitive market economy -- so did wealthy individuals gain monetary stature. While some of those gaining wealth during this time period could be considered "Robber Barons", as they manipulated the law, influenced elections, and misinterpreted the truth in order to make gains,
America went through a time of industrialization in the late 1800’s and early 1900’s. There were many influential people in that time such as Thomas Edison or Alexander Graham Bell. Many of these men were divided into two groups. The first was the titans of industry and the second were robber barons. Many people today wonder why Americans at that time divided these people up into these groups.
Eventually allowed these business owners such as Andrew Carnegie, Cornelius Vanderbilt, and J. D. Rockefeller to control everything around them including the government. From 1870 to 1900, corporations grew significantly in number, size, and influence in the United States causing big corporations to control the government and the people in America. After the civil war, railroads became the main way to transport people or goods.
Therefore, as industry sprang up in the US, the political atmosphere shifted towards pro-capitalism laws beneficial to business. Thus, in this way, industry played a vital role in changing the US’ political
As big businesses started increasing, more people started to come into the U.S. Urbanization and industrialization affected each other
Thesis : After the Civil War, America was in a post-war boom. During the 1870-1890, big business moguls, such as Rockefeller and Carnegie, create huge corporations which not only affected the economy, but also affected the political realm of America. While many may assume that during the rise of these big business helped to change the economy and politics, the real focus was on the responses formed by society, such as labor unions, increase public outcry, and political opposition groups that helped to change society. A: Economically, big business flourished during the late 1800s.
One of the significant changes was the construction of the transcontinental railroad that finished in 1869 (Babayan, 2013). This railroad made it easier for the businessmen to build bigger and better profits now. The millionaires that controlled everything during this time was Andrew Carnegie, John D.
Large corporations had a large impact on the economy within America, as they were able to control the pay of many citizens in America. In document 1, it expresses the amount of power these corporations had in the United States. They were able to fire workers without cause, control their pay, which oftentimes was very little, or even withhold their wage from them all together. This caused many issues as many relied on that source of income to stay afloat in daily life. With minimal or no income, many Americans lived with a poor standard of living.
This essay will generally analyze the relationship between the government and businesses, and how “Big Business” essentially took control of the Gilded Age. America’s first true big business mostly arose because of the railroads, which is fairly significant, because it essentially helped lead the development of other business barons such as, John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan who all had particularly extraordinary accomplishments in shaping our economy. Most of these men who created big businesses after the Civil War were driven by a compelling desire to become rich and influential.
Overall given these points Between the 1870 -1900 after the post civil war america’s corporations grew significantly in number and
The era of early 1900 was regarded as business expansion and progressive reforms. By 1900’s the United State became a very rich and powerful nation as a result of industrialization and urbanization. Its economy transferred into a major world economy. However, this massive transition has both good and bad effects and great changes in American society caused many problems which called for reforms that’s why era of 1900 is called progressive era. These reforms included political, economic and social reforms.
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.
During this time period, real per capita product in the United Stated more than doubled and real Gross Domestic Product multiplied by over 7 times (Lamoreaux, 2010). The higher growth rates of total relative to per capita Gross Domestic Product indicate that the economy grew more by adding new inputs than it actually did through increasing productivity. The fast growing markets of the United States provided new opportunities for profits that entrepreneurs responded to. For instance, Andrew Carnegie responded to the opportunities and created Carnegie Steel and he
