Who Invented Company Towns

Its population increased by 48% within few years. The expansion of cities resulted in destroying unbuilt and farm lands to further the constructions. Landowners with land interfering with “planned residential communities” were forced to give up their lands and see them destroyed. As the author states, families such as Warnes were forced to see their family lands bought and built. Even though such intact lands are rare in the area and beneficial to the population as somewhere to connect with nature, entrepreneurs prefer the economical profit. The suburbs expand and with every new family moving in the area, more cars are purchased adding to the gridlock.

Two of the most well-known and successful companies of the Industrial Revolution were the Standard Oil Company, and the Carnegie Steel Company. Both were exceedingly successful in virtually removing all competition in their respective fields of business and controlling almost all of the production capacity of their respective products in the United States. Their founders, John D. Rockefeller of the Standard Oil Co., and Andrew Carnegie of the Carnegie Steel Co. conducted business practices that were different from one another in how they dealt with competition as seen in the undercutting or cheap type

because of gentrification. Gentrification is the process of rebuilding an area bringing in the company of middle class or well-off people, most likely throwing poorer residents out from rising rent prices. So whether you have a home or business you can lose it to gentrification. Some people lack an education and can not have a job that is very well paying, therefore leaving them to live paycheck to paycheck. These people live in the more poorer areas that gentrification some times tend to take over. I have two different opinions on the topic of gentrification. My first opinion

Farmland got its start in 1852 after being founded by Henry D. Huffman and William Macy as a station on the Bellfontaine Railroad. On July 28th 1852 the two gentlemen platted Farmland on their farms. The town consisted of 152 lots including 6 streets, all of which are present today. Many cities that started on the railroad were thrust into a thriving economical environment. Being a station this allowed the city to quickly increase its population and annual revenue. There were many people that saw this economic opportunity and started forming farms alongside the town because it gave them quick access to the railroad. Thus their transportation costs were lower than other farmers. The agricultural business started to boom in the small town and drew more people into the town. People seized the economic opportunities that presented themselves. Sadly though the town did grow slow. But in 1870 the census found 532 people residing there. Starting from just two families the town gained over 500 residents in just 18 years. That is truly remarkable for the time that our nation was in.

With the growth of industry in the United States, the population of cities began to grow substantially (Tovanche Lecture). They started providing job opportunities in factories, offices, and other places as well. The cities became the main center of wealth and also poverty. A huge class of the impoverished lived in slums. Some even lived underground in the sewers, and a huge percentage of the poor came from newly arrived immigrants who were coming to America in large numbers from poor

Since working on the land wasn’t the most guaranteed way to make money families quickly uprooted and left with what they could to the surrounding areas of textile mills and other forms of factories. After some time with the general consensus being that working in the factories was a stable way to make money more and more people moved out to these areas causing the population to grow higher and higher by the minute, giving birth to what we now know as cities. Not only did America progressing heart those located in rural areas here, but on a global

With a growing real estate market, investors can expect a good return on their investment. In addition, the industries within the town bring in new residents and potential business income.

Due to house shortages on the inner city, a massive pop up of suburban housing grew on the edge of the city limits. increase d vehicle production, federal highway system expansions, and veteran mortgage programs encouraged the newly created middle to buy larger family homes on the outskirts of the city.

NHD Annotated Bibliography: Cite: Huffman, Nicole. " Pullman Strikes Out Introduction. " Pullman Strikes Out Introduction. University of Virginia, Dec. 2000.

While some of the people, in both the North and South, were moving into the cities for economic opportunities, some were also moving out west to try their hand at farming, mining, or raising cattle (Schultz, 2013). With the expansion of the railroad, many people located in the towns that had depots, because transportation of goods and people became much easier from them.

The industry that I chose is the chocolate industry. Growing up in Pennsylvania the Hershey Company is well know throughout the state and is a factory I have visited on multiple occasions. While the chocolate tycoon has made some negative headlines over the past few years with outsourcing and layoffs, they have done a good share of philanthropy work for the state and the Dauphin County area.

Throughout history, the evolution of communities and societies has been influenced by the local and global economy. Large cities emerged from vibrant business activity and flow of products and services. For the most part

The Scranton story demonstrated the importance of the entrepreneurial spirit in business as the Scranton family combined this spirit with talent and a vision before in order to create the first iron rail company in the United States. The family’s journey to success was not easy nor did all of the Scrantons die wealthy, but they never gave up on their dreams. Seeing an opportunity to be the first Americans the rail-making market the Scrantons sought those who might invest in their dream however many turned them away. Some investors didn’t believe that the Scrantons would be successful in the iron industry because of early quality problems and lost capital nonetheless with the support from a few New York investors and family friends the Scrantons gained enough money to begin their endeavor (Folsom Jr., p. 43). In 1839, William Henry set out to find land which held the proper resources necessary to make iron rails and settled on land called the Lackawanna Valley, which was appropriate only by appearance which led to a great deal of doubt by potential investors (Folsom Jr., pp. 42-43). Luckily Henry’s son-in-law, Seldon Scranton, thought the area was promising and collectively with family and close friends he raised the $20,000 needed to dig the ore and build a furnace (Folsom Jr., p. 43). The group of men who raised the money to invest in Henry was collectively called the Scranton Group. Two years later, the group began making iron and found that they had chosen a bad location

Born into a poor, lower-class family, Milton S. Hershey dropped out of school before reaching the fourth grade. He developed an interest in becoming a confectioner. He believed there would be great demand for affordable, mass-produced chocolate, and thus he built the Hershey Chocolate Company. Hershey’s is now the largest producer of quality chocolates in North America and a global leader in chocolate and sugar confectionery. Although he enjoyed making money, Milton S. Hershey was intent on using his vast fortune for philanthropic purposes. He decided to surround his enterprise with a model town and personally financed the building of roads, utilities,

In 1894, the Hershey Chocolate Company began in Lancaster, Pennsylvania when Milton Hershey decided to begin producing chocolate coating for his caramels. In 1900, Hershey expanded their business by producing more goods. Once Hershey began mass production, they were able to minimize production costs and make high-quality milk chocolate. After this new production model was established, Hershey began to expand its facilities throughout the northeastern United States. They also increased their supply chain efficiency by building a new facility in close proximity to ports and dairy farms that supply Hershey with its raw materials.