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Monopolies In The Gilded Age

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Monopolies In The Gilded Age
(1) One of the most well known, and successful leading entrepreneurs throughout the Gilded Age, was a man named John. D Rockefeller. John D. Rockefeller had “a Standard Oil Company [that] dominated the oil industry.” With the help of his “precision, order, and tidiness”, he was a strong candidate for a very successful business owner. Rockefeller was a pioneer and a leading example to many other business owners throughout the next decades. People are gravitated to his will and power to soar through business. But rockefeller had an important strategy that remains interlocked with his name, forever. Monopolies. What exactly are monopolies? According to dictionary.com, it means “the exclusive possession or control of the supply or trade in a commodity or service.” Rockefeller had complete control of business. He made tactics that was known as horizontal integration and vertical integration.
(7) The effects of urbanization in the gilded age led to a tremendous population growth. People were moving in from different places such as farms, cities, and other countries. The amount of immigrants in the country was growing. When you add all of these factors together, you have the new growing middle class. It was said “that the advantage of being ‘middle class,’ meant those people who “work either with hand or brain, who are neither poverty-stricken
…show more content…
Neutrality was no longer the case whenever William McKinley became president in 1897. One of the many causes of the spanish american war was that America agreed with the Cuban rebellion against the Spanish. The spanish were not too happy. There was also an unexplained explosion on the battleship U.S.S Maine in the havana Harbor that related to the Spanish. These two, along with many other factors, created the war. The effects of the war was the Treaty of Paris. Spain finally let go of their possession with Puerto Rico, The Philippines, Guam, and many others. The Treaty of Paris was a very important time for both

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