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Industrial revolution impact on economy
Industrial revolution impact on economy
Effect of industrial revolution in America
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The Gilded Age truly revolutionized American consumerism and commerce. This change, both positive and negative, was due to the extreme desire of businessmen and investors to achieve maximum profit. During the Chicago World Fair, at least temporarily, the economy boomed as investors sought to create new hotels, restaurants, and other public venues that would profit off of the large amount of visitors. Investors and businessmen constantly thought of new ways and strategies to attract consumers and more importantly, capital. A clear example of the new strategies employed by investors was the selling of water from Waukesha at the World Fair.
This essay will examine the reasons why historians have called “The Gilded Age” to the era between 1877 and 1900, in which poverty, massive immigration, racism and corruption were the base metal of a nation that was gilded with industrialization and sudden wealth in order to make it look perfect with a shine finish. During the XIX century, United States suffered an important economic growth that took place after the civil war and the reconstruction era. The end of the war had a very decisive influence in the industrial development of the nation, giving a strong boost to it, causing a strong demand for many goods and a vertical rise in prices. The progress of American industry has had its repercussions to this day.
The impact industrialist had on the Gilded Age was huge. It pretty much started America and helped the economy big time. The things that impacted the most were travel, business, and workers. Railroads helped improve travel a whole lot. Instead of walking or riding horses everywhere, we built railroads.
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. Vanderbilt was the first of the three to be a leader of industry. Vanderbilt made millions using the railroad system and built an empire with them.
Industrialization and Industrialists had many important impacts on America. The era of industrialization known as the " Gilded Age" opened up many new doors for the American people. The industrialist Andrew Carnegie had one of the biggest impacts on America by far. Carnegie was responsible for the production of steel.
On top of that Chemicals were used in just about every part of the process ,and the worker did not wear protective gear nor glove. The factories would get really hot, which meant the place reeked of bad meat and sweating workers because the factories had no ventilation. Workers were required to clock in for six days a week, ten hours per day. Most of workers only received a few cents per hour for their work. If you were to convert it to today’s amount it would be about 1.50 $.
In a time after the Civil War, when a transcontinental railroad was created connecting the East and West, people began to move and settle across the country, creating new urban cities and manufacturing hubs. It was because of the railroad that the Second Industrial Revolution and the Gilded Age took place which rapidly increased the manufacturing of products through the new machines in factories and the spread of ideas by the telegraph and railroad. It was in this context that many farmers, as well, began to move West and experience a loss in the prices of their crops. It is also in this context that many workers were forced to work long, laborious hours with little pay. Farmers responded to industrialization in the Gilded Age by forming organizations such as the Granger movement and the Farmers Alliance as well as creating the Populist Party.
The time period from when the Second Industrial Revolution was beginning, up until President McKinley’s assassination in 1901, is known as the Gilded Age. After the Civil War, many people headed out West to pursue agriculture, and many immigrants moved to urban areas to acquire jobs in industrial factories. It is in this context that farmers and industrial workers had to respond to industrialization. Two significant ways farmers and industrial workers responded to industrialization in the Gilded Age, were creating the Populist Party and the American Federation of Labor (AFL).
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
Jessica HillisMr. GillardAP US History5 January 2007Essay 16: Gilded AgeThroughout history, certain periods of time have been given certain names based on thehappenings that occurred. Many have called the period of 1865 to 1901 the “Gilded Age”, be-cause it was “shiny and pretty” on the outside but it was “rough and ugly” underneath. The term“Gilded Age” was actually coined by Mark Twain who satired the Gilded Age with a GoldenAge.
Farmers and Industrial Workers in the Gilded Age In a time when industrialization was booming, immigrants were racing towards the “American Dream”, and cities were growing towards the sky, the United States was thriving. As a country, the United States went from rural, to mostly urban, which made America “the world’s largest industrial power” as stated by John Green. Since the U.S. had become mostly urban, this left the very few rural workers (farmers), and even some of the industrial workers unhappy. This period of industrialization is called the Gilded Age than spans from 1865 to 1900.The farmers and industrial workers responded to the Gilded Age in significantly negative ways including unions against their authority, strikes and political
In the Gilded Age, from 1870s to 1900s, the United States had undergone an unprecedented industrial revolution. Inventions made the country's economy prosper, with railroads and steam-powered ships to transport not only goods but labors. The two distinct classes emerged in the nation: capitals and labors. The conservative ideologies of capitalism gained their significance within the nation, endorsed by renowned businessmen such as William Graham Sumner and Andrew Carnegie. The pro-business view of the intrinsic relationship between labor and capital is demonstrated in Thomas Nast's cartoon published in 1874.
The Gilded Age lasted from 1870-1900 The Gilded Age, which spanned the final three decades of the nineteenth century, was one of the most dynamic, contentious, and volatile periods in American history. America's industrial economy exploded, generating unprecedented opportunities for individuals to build great fortunes but also leaving many farmers and workers struggling merely for survival. Overall national wealth increased more than fivefold, a staggering increase, but one that was accompanied by what many saw as an equally staggering disparity between the rich and the poor. Industrial giants like Andrew Carnegie and John D. Rockefeller revolutionized business and ushered in the modern corporate economy, but also, ironically, sometimes destroyed
America also experienced major economic growth in both industrial and agricultural areas. On the other hand, were negative impacts as most people would not become prosperous. During this time the rich would become richer and the poor would remain poor and struggle to make ends meet. Many of the jobs that were available were dangerous, required long hours, and paid low wages. This forced many workers to live in “urban slums” where cholera, typhoid, and tuberculosis were found (Shmoop Editorial Team,
There were repetitive and dangerous assembly lines. People could easily break their backs in any of the jobs. They didn’t even get breaks. People couldn’t advance their careers, and they worked in foul and filthy spaces. They worked ten hours a day, with six days a week.
