2nd Industrial Revolution was a time when many positive developments occurred. Some of those developments. There were some positive and negative aspects of living during the Second Industrial Revolution. Some of the people where John D. Rockefeller and Andrew Carnegie became famous and wealthy people. However‚ overall‚ it was a positive‚ successful time of change. During the 2nd industrial revolution there were many positive developments that occurred. One positive development was document 1 were
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Austin Holley Mr. Dilley 9/16/15 J.P. Morgan If I asked the class who J.P. Morgan was‚ the room would go silent? However‚ if I were to ask them if they knew what the company Chase or Chase Bank did‚ they would be able to tell me and say they’ve heard of it. J.P. Morgan Chase is the parent company of Chase Bank. J.P. Morgan inspired one of the biggest banks and created one of the largest insurance holding firms in the country and it has been that way for about 120 years. John Pierpont Morgan was
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Robber Barons and Rebels Elliott Eastman 9/25/13 1. What was the technology that transformed the work-place from 1865-1900? What economic and social effects did the new technology have on American society. The Technology that would transform the work place was these new huge machines. These machines would take over the jobs of the product line workers. Which would make it easier on the companies because they weren’t having
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factories were working full pace to keep up with the demand for products. The railroad was also a large contributing factor in the extension of the American country. Oil had mainly been used for lighting lamps and was not very cheap. After John Rockefeller became an oil tycoon‚ the price of oil was nearly cut in half because it was easy to find and also to manufacture. Almost every home in America would soon have the luxury of having lights and fuel for their homes. The production of oil also developed
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The Growth of Industrialization in the Late 1800’s In the late 1800’s the United States underwent a major transformation as a country‚ in becoming the world’s leaders in industrialization. During the early 1800’s the industrial growth was steady but slow and most American companies were still relatively small. It wasn’t until after the Civil War that the United States experienced a huge growth in big business due to innovative new technologies and services most importantly the Transcontinental Railroad
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Andrew Carnegie used a new invention to start his steel company. John D. Rockefeller started Standard Oil. The company became a corporation. It bought small companies. This got rid of competition. Standard Oil became a monopoly. It owned 90 percent of America’s oil. No competition meant consumers had fewer choices. Monopolies could provide poor service or charge higher prices. After making large fortunes‚ Carnegie and Rockefeller gave millions of dollars to schools‚
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Cudgel 1 Carnegie Generosity to Society Was Andrew Carnegie’s amazing rags to riches story and unheard-of devotion to charity made him the perfect poster boy for the Industrial Revolution and today’s Society. Andrew Carnegie was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist. Carnegie “was often noted as saying the man who dies rich dies disgraced”‚ (Carnegie) the” Gospel of Wealth” 1900 influence him to give to different mode
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Industrialization after the Civil War in America had absolute outcomes on society‚ economy and politics. These outcomes changed farms to cities in society‚ also‚ came the emergence of major and lastly‚ prominent also corrupt businessmen ruled the government. After the civil war industrialization helped our society‚ the economy and also corrupt businessmen that ruled the government. Our society improved due to the freeing of slaves to women rights improving. The economy developed a corporate
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immigration and a rise in the work force which involved women entering into more jobs. These jobs were often in dangerous and dirty conditions‚ which labor unions attempted to improve. As industry increased it lead to tycoons such as Andrew Carnegie and John D. Rockefeller who used their power to control the government. Corruption in industry and politics led to revolts‚ riots‚ and ultimately violence. Increasing industry and job opportunities caused social and economic changes. The chart of
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Muckraking was a powerful journalistic force‚ whose supporters made it become so. Muckraking was the practice of writers and critics exposing corrupt politicians and business practices. President Theodore Roosevelt made the term "muck-raker" popular. He once said The man with the muck-rake‚ the man who could look no way but downward with the muck-rake in his hands; who was offered a celestial crown for his muckrake‚ but who would neither look up nor regard the crown he was offered‚ but continued
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