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John Jacob Astor First Millionaire Summary

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John Jacob Astor First Millionaire Summary
John Jacob Astor is one of the earliest self-made multi-millionaires in America. Astor’s story of perseverance and strive truly embodies the American Dream. From 1763-1884 Astor went through one of the most historic eras in US history. From the restriction of the Embargo Act to the wars that divided us, Astor’s endeavor was true to America. However, it wasn't until another 50+ years and over 400 other male millionaires did the first women make her first million. Sarah Breedlove, better known as Madam C. J. Walker was the first self-made woman millionaire, first black female millionaire as well. But why did it take over 134 years for the first woman to truly benefit from her labors? Due to gender discrimination in the workforce, education restrictions …show more content…
We could trace America's sense of gender inequality from the notorious Christian religion. Yes, their are many denominations of the religion, and generalizing them would be unjust, a summary of the religion for the sake of background information will have to suffice. We can start this summary of the religion with the first Pope of the Roman Catholic Church on 1 April 33. It wasn't by mistake that the one chosen to lead God’s kingdom on Earth was a male. No! I'm not saying that Mary Magdalene had the same right or qualifications to rule the church but I'm just saying even from the year 33 Jesus put us on the road to gender discrimination. For heaven's sake (no pun intended) the first apostles of the church were all male. So what if Jesus had Mary as a main disciple. Well, maybe women would have been able to be a priest or a lady Pope would soon appear. But for now let's save the changing of history to when the US is relevant. Fast forward 1500 years later to Pope Leo X and we already have over 217 different male leaders of the Roman Catholic Church. Although women rights have developed from the year 33 to 1513, basic rights and privileges were withheld. They were more so objects with a finite purpose. If a women wanted to be educated only basic knowledge was learned. If the woman wanted to continue her education she would have to become a nun. If not a nun the women would be married away or spend the rest …show more content…
John Locke would have to push for equality among all more, that ideology would have to survive through 1776 to the declaration where laws excluding women would have to change, causing women to have better education and better work, which as a result would boost our economy, prevent the stock market from crashing, and the New Deal from being enacted. But What would be a long term effect of such a boost of economic activity. Eventually the stock market would have to crash. Since our economy would be doing so well one of three things would have to happen in order for us to stay stable, inflation, equal distribution of wealth, or taxation on the rich. Because the rich get richer, if inflation were to occur those who weren't as rich would only get poorer. Until we enter another great depression because their is such a gap in social ranks, Or we tax the rich so we can redistribute the wealth. Either way, because the nature of a stock market is determined by a variety of factors the most likely cause unless we somehow maintain a perfect economy for over 300 years the stock market would crash around the end of the 1900’s. If that were to happen, Bill Clinton would have not been able to fund over 100,00 new police forces causing, crime rates to skyrocket, our military would not have been able to be modernized which would have lead into Bush’s term against Al Qaeda, meaning Bush wouldn't have been able to exploit people's fear of a terrorist

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