After the civil war, businesses began to become big, they grew significantly in size, number and mostly in influence. Different corporations and businesses grew so much that they had a big effect and so much power and control in America. the businesses began to influence the people of america, the politics and the economy in america. As these companies and businesses grew, some became really powerful which was a good and bad thing. In post-Civil War United States, big businesses and corporations grew with both positive and negative impacts on politics, the economy and the responses of Americans.
Corporations growing was beneficial to the economy, mainly because of the costs of different things. Indexed prices between 1870-1899 are shown in
…show more content…
He talks about how the Standard Oil company offered the same quality of oil for lower prices than he could do. Other situations like this was the Credit Mobilier scandal were railroad companies got paid a lot of money but built little railways with the money keeping the rest.
As businesses are growing, they become more in power. Monopolies begin to have more power, and monopolies and other businesses controlled the senate. The picture in document D shows how the people and public entrances are closed. It shows different monopolists lined up at the door, people with big bellies with trust signs on them and a sign that says “This is a senate of the monopolists by the monopolists and for the monopolists”. These all show how the trusts are oversized, how monopolists trusts are wealthy and very powerful. it shows how trust controls the senate and industries and corporations. People began to want more power. Document F shows how people want the power of the people to be expanded. People want the government to restore power to “the plain people” and to end the oppression, injustice and poverty.
Corporations booming affected the Americans in different ways. The industrialized cities begin to attract more people. Urban transportations were improving and this led to the making of department stores. Document I talks about a novel where a woman talks about the department stores in a city. How department stores were the most effective retail organisation. how
The economies of the North and South were vastly different leading up to the Civil War. Money was equivalent to power in both regions. For the North, the economy was based on industry as they were more modern and self-aware. They realized that industrialization was progress and it could help rid the country of slave labor as it was wrong. The North’s population had a class system but citizens could move within the system, provided they made the money that would allow them to move up in class. The class system was not as rigid as it was in the South. By comparison, the South wanted to hold on to its economic policy. In doing so, the practice of slavery kept the social order firmly in place. The economic factors, social issues and a growing
Near the last decades of the 19th century, America’s industrial economy skyrocketed. As these industrial leaders like Carnegie and Rockefeller not only lead the expansion through their respective industries, but revolutionized businesses while crushing free-market competition in the process. As
As the United States began to establish itself as a country, more and more problems began to surface within the nation. A perfect example of this would be the American Civil War, which significantly affected society. This brought about many changes within America such as women’s rights movements and decisions regarding African American freedom. Also many of the problems are country had previously left unresolved were soon to be resolved too. The social changes of the American Civil War and Reconstruction Era greatly affected the years that followed it as well.
The United States post-Civil War era from 1875 to 1900 experienced massive economic and industrial growth, especially in the North. The rise of new machines, industries (railroad, oil, steel), and buildings contributed to a major upsurge in the prosperity of the American nation. In 1860, no American city had a population over one million; by 1890, three cities had passed the million mark. New York City became the second largest city in the world after London in 1900. The substantial growth of the U.S economically can be contributed to a group of wealthy capitalists that ran businesses/industries and stimulated economic growth. However, historians have argued over whether these capitalists were “robber barons” that were corrupt and took advantage of the American people or “captains of industry” that helped the U.S grow at unparalleled speeds. Wealthy capitalists such as Andrew Carnegie and John D. Rockefeller were indeed “captains of industry” who enlarged American industry and businesses, used their wealth to better their communities, and elevated the United States to new heights as one of the leading industrial powers of the entire world.
In document four it shows giant money bags as men, clearly the monopolists. These men are sitting in a room of senators. The image also shows a door that states “ Peoples’ Entrance”, which seems to be closed. This image shows the how monopolists had too much power. Instead of all people having a say, it was only the monopolists. This problem was resolved by allowing people to select their senators, “The Senate of the United States shall be composed of two senators from each state, elected by the people thereof, for six years” (Document 7). Another problem with monopolies was how they treated their workers. Document three shows a decrease in child labor from 1890 to 1920. Child labor was cheap, this was ideal to any monopolist. Many monopolists, such as Rockefeller, were ruthless and supplied no safety for their workers, and paid them very little. This problem was addressed with the work by Ida Tarbell, The History of Standard Oil. The powerful monopolists were limited in power by
As the age of Reconstruction ended, the Gilded Age of big businesses began in the United States and with it came new jobs and goods for Americans. When new corporations became more successful, it made an immense impact on the economy, the political system and the lives of citizens. Economically, the cost of food and living went down significantly as well as a surplus of jobs. Political leaders were corrupted by big business as their decisions and laws were influenced by the wealthy class’ bribes and stealing from the common man. Though mass production allowed goods to be made quicker and in greater quantity, the workers’ horrible working conditions and remarkably long hours caused the creation of unions and strikes. Despite the great effect big business had on the economy in the Gilded Age through the decline in the cost of food and fuel, the daily lives of average working-class citizens were negatively impacted by long hours, horrid working conditions leading to unions and a corrupted political system.
The Civil War united the nation and expanded America mainly through slavery. Since slavery was a very partisan issue between the North and the South, ending the issue through the Civil War made the United States more of a united whole. During the Civil War, there was a call for many war materials. This led to a rise of factories and large companies to meet this demand, and after the war, these companies turned the munition into civilian business, allowing for economic growth in the United States. Also, there were lots of changes to the United States. The rise of large industrial corporations made lots of consumer goods, and railroads became huge with companies created for the sole purpose of building railroads. New legislation occurred as well, such as the Homestead Act of 1862. Signed into law by Abraham Lincoln during the Civil War, this act would eventually result in the transfer of 270 million acres of public lands to private individuals. The Civil War gave rise to not only contributed to our fundamental goal of Manifest Destiny, but to the rise of Westward Expansion.
In the time just before the Civil War, the United States was one of the most successful nations in the world. The United States had become the world’s leading cotton producing country and had developed industry, which would in the future, surpass that of Great Britain. Also, the United States possessed an advanced railroad and transportation system. However, despite its successes, the United States was becoming increasingly divided. The North and the South had many distinct differences in terms of their social, cultural, and economic characteristics that brought about sectionalism and, eventually, the Civil War.
The Civil war was the most momentous and crucial period of time in the history of America. Not only did this war bring an end to slavery but also paved way for numerous social and political changes. The country had already been torn by the negative trend in race relations and the numerous cases of slave uprisings were taking their toll on the country 's political and social structure. The country was predominately divided up into 3 sections, the North, the South, and the West. Each of these groups had different fundamental interests. The North wanted economies depending on farming, factories and milltowns, while the West relied on expansion and development of land for farming and new towns. The South mainly relied on agriculture like
The end of the Civil War brought a whole new era of economy, political control, and Presidential intervention. The economy emerged from its agriculturally based economy into a flourishing big business dominated world and eventually in 1929 came crashing down. I agree only partially with the quote " The Civil War saw the beginning of an 80-year decline of real individual economic opportunity; nonetheless, the vast majority of Americans continued to profess their belief in individualism as evidenced by the Presidents they elected. Thus, between 1865 and 1939, the majority of Americans accepted big business dominance and rejected all forms of government interference and regulation contrary to
After the Civil War, the United States went through a period of rapid industrialization which affected the nation dramatically. Industrial growth, the spread of railroads, the rise of big businesses, and the appearance of labor unions during these decades created a modern industrial economy, and American workers and farmers faced new challenges in adapting to these changes.
In the period after the civil war there were many consequences in the economy in such categories as agriculture, labor, industrialization, and transportation. Many of these economic categories took a hit because many suppliers, work areas, and and employees were hurt or destroyed during the war. It took many years after the end of the Civil War for the agricultural industry, labor industry, industrial industry, and transportation industry to regain their footing in the economic world. Even then some of the industries would forever be changed by the things that the great Civil War caused in our country.
Americans suffered many economic, social, and political problems in the post-Civil War era. I have identified one of each of these types of problems that I believe were among the most important during the period of 1865-1900. The economic issue that I believe had one of the biggest impacts on Americans at the time is the Great Railroad Strike of 1877. The social issue that I feel greatly affected America after the Civil War is Chinese immigration. One of the biggest political issues, to me, is the Populist Party.
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.
Industrialization was very beneficial to American business owners. Following the civil war, industries transformed into modern powerhouses. Big business owners who seized power in these industries became even bigger. New inventions led to new thriving industries. Iron, for example, was replaced with ultra-strong steel. Andrew Carnegie built the biggest steal business in the world. One main reason why steel was in such