Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Industrial revolution in us history and impact today
Industrial revolution in united-state
Impact of the industrial revolution on the usa
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Industrial revolution in us history and impact today
All this industry produced a lot of wealth for several businessmen like Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, and J.P. Morgan. These men were well-known as the “Captains of Industry”. Cornelius Vanderbilt also known as “The Commodore” built on of the largest shipping empires in the world. In his early years he was a steamboat manager and entrepreneur. He decided to sell all his ships and invest his money into railroads.
However, the need for steel and oil were greatly demanded. The Gilded Age created many fortunes for people and their families during this period. While the economy wealth started to rise and expand rapidly, industrial workers worked in poor conditions that were often hidden behind the nation. Many men were killed building buildings and other constructions. Once the men were killed that was it, nothing left for the families to be taken care of.
With increasing in industrialization, the workplace had become more dangerous, and businesses refused to accept responsibility for injuries to workers. Great fortunes were amassed by the industries and millions of immigrants found hope on the idea America's opportunities. Technology began to replace the need for labor, which in turn lead farmers become more efficient in producing crops, and supplies tended to surpass demand regularly, consequently lowering prices. Therefore making the farmers struggle, and essentially making the poor man poorer and the rich man richer. The Gilded Age was a time of progress for the country.
Although industrialists of The Gilded Age brought about a new societal sophistication, those of the lower class were not blessed by these of the social graces. The men of The Gilded Age the steelmaker Andrew Carnegie, the banker J.P. Morgan, the oilman John D. Rockefeller, and the railroad magnates Jay Gould and Cornelius Vanderbilt, contributed to the low income and poverty lives of their workers. Often labeled at robber barons, these industrialists took away the rights of their workers and helped make higher class children have an unfair advantage, especially in the sense of education, over the lower class youth. These men, distinctly different in their investments, all had one goal in mind. To earn a profit, no matter the cost.
During the late 1800s there was a time period called the “Gilded Age”. The Gilded Age is a time period the economy was struggling along with the people of the era. Andrew Carnegie, John D. Rockefeller, and Thomas Edison were some examples of successful business owners and Robber Barons of that time. Robber Barons were the people who stole money from the public along with natural resources such as soil, land, etc. These men were supposed to be great leaders, but instead they enforce horrible working conditions.
The Gilded Age, created a big impact with the use of technology, it affect the people and the environment of that time period. Many things helped contribute to this affect, like the Bessemer Process, railroads, oil, and light. The Bessemer process help make steel at much faster rate; therefore it helped make railroads and skyscrapers for the future. Andrew Carnegie, one of the richest men at the time, helped with the steel industry and production. He was the man who made the steel industry grow and make it built things that we thought weren't even imaginable during that period.
The United States went through substantial changes during the Gilded Age and Progressive Era. Industries grew, and the way people lived and worked changed a lot. During this time, an important thing that happened was that the industry grew extremely fast. This made people like Andrew Carnegie and John D. extraordinarily rich and powerful. In previous years, Rockefeller was a wealthy and influential individual.
With this new influx of workers and business, numerous so called “Captains of Industry" were born. Men such as Andrew Carnegie and John D. Rockefeller were men who came from nothing, but made fortunes off their innovations in the steel and oil industries. While their actions greatly benefitted the American economy, their monopolistic desires earned them a sinister reputation. These captains both had a disdain for competition and would do everything in their power to eliminate or absorb any opponents in order to gain more influence.
The impact industrialism had on the Gilded Age was that it allowed people to gain wealth, improve materials, and to increase production. Industrialists like Vanderbelt and Rockerfeller are one of the main reasons this time period is called, the Gilded Age, because of how they were able to create monopolies within the railroad and oil industries and thus, make themselves rich. These two people impacted the Gilded Age by further improving people's lives with their ideas. Vanderbelt cut travel time to seven days with his first transcontinental railroad and Rockerfeller made homes safer by creating standard oil that won't be as dangerous as kerosene. People like them also shaped how we do business today by carving the path to nationwide trade
The Gilded Age, around the 1870s to the late 1890s, led to immeasurable success within the American economy and society. Wealth for a few led to hope for the many, and the idea of becoming immensely wealthy appealed to people. People saw that anybody could rise to the top through hard work and it was exemplified in people like Andrew Carnegie and John D. Rockefeller. This gave them hope and advanced the idea of American exceptionalism and superiority. The process of obtaining wealth led to industrialization and urbanization but also to many problems.
As reconstruction ended in the South, there began a new era known as the “Gilded Age.” This term was coined by Mark Twain and meant that although everything seemed prosperous on the surface, if you dig deeper life wasn’t all that great for the working class. During the Gilded Age, new inventions and a growing immigrant workforce led to the rise of industries. Inventions like the Bessemer Process, which allowed for the production of higher quality steel, and the growth of railroads, such as the Transcontinental railroad, led to a boom in industrial production. This massive growth in the industrial sector had positive effects on the American economy, although just like the term “Gilded, ” not everything was perfect under the surface.
The Gilded Age was an age of rapid economic growth. Railroads, factories, and mines were slowly popping up across the country, creating a variety of new opportunities for entrepreneurs and laborers alike. These new inventions and opportunities created “...an unprecedented accumulation of wealth” (GML, 601). But the transition of America from a small farming based nation to a powerful industrial one created a huge rift between social classes. Most people were either filthy rich or dirt poor, with workers being the latter.
Wealthy people spent their money however they pleased. The middle class struggled during the Gilded Age, their incomes stayed low for many years. That made many middle class people feel less and insecure of themselves. They feared losing their jobs and not being able to pay their houses or afford to see the doctor when sick or injured.
John D. Rockefeller gave away $540 million dollars before his death at the age of 97. With this money he created two, of the world's greatest research companies and helped pull the American South out of poverty. Without Rockefeller’s gracious donations to our country through education, medical, and donations to help our country, he most definitely was a Captain of Industry which helped our country get to where we are today. Captain of Industry is a fancy term of saying that this person has helped our country thrive and get to where we are today. John D. Rockefeller is a prime example of a great leader and a captain of industry, without him we would not have the successful oil business we have today.
The men who built America also know the innovator is a docudrama and directed by Patrick Reams and Ruan Magan. This movie focuses on the life of Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan and Henry Ford, and how their innovation and leadership skills renovated the modern society. But for the purpose of this assessment my research is based on John D Rockefeller and his leadership skills. Short History of John D. Rockefeller John D Rockefeller was born in 1839 in New York to Bill and Eliza Rockefeller. From a very young age his father taught him to be smart and cunning in every deal, and also not to trust anyone in his life including his father and His mother was a fervent Baptist and tried to instill in him the importance of being a good Christian.