The Gilded Age : Robber Barons And Captain Of Industry

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Andrew Carnegie, John D. Rockefeller, Cornelius Vanderbilt, and J.P. Morgan all have something in common they’re well known for being wealthy businessmen in the late 19th century. Robber Barons and Captain of Industry are mostly known from the Gilded Age. Mark Twain called the late 19th century the “Gilded Age” because he was referring to this period being glittering on the surface but corrupt underneath (Overview of the Gilded Age, Digital History). Most of the businessmen during this day in time just wanted to help themselves and their businesses, which you could compare to today. However, these historical figures established a foundation for industrial advances, business development and technological advances in America today.
The term “Robber Baron” describes a business owner who obtained their wealth based on unfair practices (Overview of the Gilded Age, Digital History). During this time immigrants were coming overseas needing jobs to support their families. The business owners took notice of this and took it as an opportunity to make money by paying the immigrants low wages but working them excruciatingly long hours. By doing this, businesses began to increase their income because they weren’t obligated to pay laborers. Thanks to the businessmen of the Gilded Age who treated their companies and laborers unfairly, there are now laws and regulations as to how many hours a person can work in a week. Another positive that came out of these historical figures is, we now

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