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Corporation and post civil war
Corporation and post civil war
Effect of big businesses from 1870-1900 on american economics
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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.
The Civil War, 1861-1865, ended up being so calamitous, with the United States leading up to becoming a World Power in the 20th century. There was a collapse in industrialization, initiating the courage and hope of the Americans. The U.S tried to become this world power by attempting to first make their military stronger, offering trades with different countries, by joining different territories as well as buying different ones; they did whatever they had to do in order to become a world power. Setting up markets for raw material, as well as, keeping the inferior people well acquainted is what the imperialists insisted on building the economy. In addition, they felt as though our military force was not strong enough to overcome the obstacles
Shrey Shah APUSH 11/1/17 Jigsaw Section C Commerce and Industry The Expansion of Business, 1820-1840 Business grew because of increase in population, transportation revolution, and new practices How did business change in America relating to each of the following? Retail Distribution Retail distribution became more efficient with specialty stores in cities Organization of business Individual and small merchant capitalist companies still dominated, but some larger businesses gave way to corporations Corporations - combined resources of large number of shareholders. Government involvement in business Businesses grew in the 1830s because states passed easy incorporation laws. Limited liability - stockholder risked only value of investment if
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.
Both Progressive Era reformers and the federal government sought to bring about reform at the national level. Examples of such reforms they wanted to make include: trust-busting, consumer safety, restrictions on child labour, civil rights, and women’s suffrage. Overall, the Progressive Era reformers and the federal government were effective in their efforts from 1900 to 1920, however there were some limitations. During the Gilded Age, and prior, the quality of America was unsatisfactory.
After the Civil War, the United States had two distinct economies, which is quite significant. The Southern economy was completely damaged by the results of the Civil War. Southerners were forced to readjust their entire economy, because slaves needed to be liberated, leaving slave-owners with no workforce. Meanwhile, in the North, the need to supply Union armies with particularly daily supplies marked the start of an era of industrial development. Which giant corporations essentially emerged known as Big Business.
Overall given these points Between the 1870 -1900 after the post civil war america’s corporations grew significantly in number and
After the Civil War, the United States strived to rebuild their lives and start a whole new beginning which would become the epitome of what a great nation exemplifies. Although at that time, the American industry was still relatively diminutive, there were many developments that changed the industry that would ultimately benefit us all. First of all, machines replaced a majority of the manual labor that was involved with the production and manufacturing of various goods (The USAonline.com, 2018). This allowed these goods to be processed more efficiently and effectively with greater capacity capabilities. Furthermore, it was apparent that with the quantity of goods that were being produced, there was a necessity for a mode of transportation
With the Civil war came many changes to America’s economy, specifically to her transportation and labor systems. While the United States’ transportation sector changed positively, the labor system did not, since the loss of slaves took its toll on the South’s economy. Overall, America’s economy changed so much from 1865 to 1880 that the effects can still be seen
Under the spell of the promise, workers embarked in speculation, and by 1873 many of them had probably climbed the first few rungs of the ladder of success. But the panic threw them back to their former status, disenchanted and ruined. Everything after the war which was around the year 1865 was alright since it was after the Civil War, but slowly the prices of the things around them started to slowly decrease until it reached 1873 when they decreased drastically due to the panic caused. While enjoying the prosperity they had after the wat it came to an abrupt halt at the end of the summer of 1873, as the banking community discovered that it had reached a saturation point in the flotation of new securities and that the railroad system was overbuilt. The downfall was soon to happen after the Jay Cooke & Company had its failure as a bank.
After the Civil War many problems arose. For farmers- shipping rates, freight rates, silo prices, and interest rates all skyrocketed. Many businessmen, such as middlemen, would try to take advantage of the farmers needs to mooch more money off of them. All of these issues caused the Farmer’s Alliance to form. The farmers that were participating in the alliance were being directly affected by the rise in rates and prices.
The Civil War and the period of Reconstruction brought significant political, social, and economic changes to American society, and these effects continued into the 20th century. Post Civil War (After the Civil War – The period after the Civil War) - President Abraham Lincoln and Congress were determined to rebuild the nation. Lincoln wanted to restore the Union by readmitting the southern states that had seceded, as well as provide African Americans with more rights. Period of Conflict -
The economically flourishing South transformed into an economically struggling area, while the North suffered as a result of the collapse of the banks. The Civil War and Reconstruction brought about many economic struggles to the United States and transformed the status of the South. The Civil War indisputably transformed the United States politically, socially, and economically. The 13th, 14th, and 15th Amendments sparked most of these changes in addition to the reunification of the Confederate states.
Industrialization after the Civil War One of the most remarkable consequences of the Civil war was the industrialization of the United States, which transformed the economy of the country. While certain industries, such as textiles and clock making saw industrialization during the first half of the nineteenth century, it was not until the Civil War that industrialization spread throughout America. The Civil War spurred the process of industrialization and encourages new production techniques that would have the greatest impact after the end of the war. Some of the significant reasons for the delay of industrialization of America after the Civil War were social, economic, political, geographic and legal reasons. The industrialization affected various groups of the society belonging to distinct races and ethnic backgrounds.
