Wednesday, May 6, 2020
Important Factors Leading to the Gilded Age Essay
After the Civil War, the Second American Industrial Revolution or Gilded Age made the Americans the most industrialized people in the world. This economic phenomenon was unprecedented in history. There were several factors that led the American economic prowess and prosperity. The Americans were blessed with natural resources and a liberal immigration policy to ensure steady work force. Yet, the most important factors were technological innovation and entrepreneurial ability. As America pushed further into the latter half of the nineteenth century, the country, as well as her people began to change. According to the United States Census of 1870, the U.S. resident population was approximately 38 million and an estimated 80 percentâ⬠¦show more contentâ⬠¦Among the immigrants in the 19th century was Andrew Carnegie, born November 25th, 1835 in Dunfermline, Scotland, was brought to America in 1848 by his impoverished parents. Carnegie would become the king of steel industry in the 1880s, but not before mentoring from Thomas A. Scott the president of the Pennsylvania Railroad Company. In 1853 Carnegie was hired as a secretary and telegraph for the Pennsylvania Railroad Company and the following years under Scott would prove to be invaluable to Carnegie, as he learned much about management and cost control. Moreover, Scott would help Carnegie with his first investments, which were inside investments, in the railroad-related industries to accrue Carnegieââ¬â¢s capital. After the Civil War in 1865, Carnegie would retire from the railroad business and establish the Keystone Bridge Company and invest in the iron industry. In 1867, the Keystone Bridge Company began construction on the Eads Bridge in St. Louis, Missouri and East St. Louis, Illinois. This bridge was to span the Mississippi River, and be over a mile in length which had never been accomplished before. Wrought Iron alone was too weak in order to support the span of the bridge; the soluti on was to use steel. Carnegie spent a fortune building this bridge due to the high cost of the steel making process; however, he began to use the Bessemer process in his factories to make steel more cost-effective. The BessemerShow MoreRelatedTheu.s. Labor Struggles During The Gilded Age1649 Words à |à 7 PagesU.S. LABOUR STRUGGLES IN THE GILDED AGE Introduction In the United States history, the Gilded Age was the period in the late 19th century where the country experienced rapid economic growth. During this period, the U.S. became one of the leading industrial nations. It was able to build a powerful navy that dominated the world and acquired the enormous overseas empire. The Gilded Age was also a very important time in the labour history of the United States. It was a period of horrible labour violenceRead MoreTheu.s. Labor Struggles During The Gilded Age1654 Words à |à 7 Pages U.S. LABOUR STRUGGLES IN THE GILDED AGE Student`s name Course number Date Introduction In the United States history, the Gilded Age was the period in the late 19th century where the country experienced rapid economic growth. During this period, the U.S. became one of the leading industrial nations. It was able to build a powerful navy that dominated the world and acquired the enormous overseas empire. The Gilded Age was also a very important time in the labour history of the United StatesRead MoreThe United States And The Industrial Revolution Essay2032 Words à |à 9 PagesStates entered what is now known as ââ¬Å"The Gilded Age.â⬠The United States was just coming out of a horrific civil war, and the country as a whole began to revolutionize the way industry, economy, and business as a whole were defined. This improvement in industry, economy and business is known as the second industrial revolution. 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The presidents during the gilded age embrace laissez-faire economic policies and refusal to regulate the banking sector, allowed for large amounts of investment that led to the stock market increasing in value rapidly and an environment that fostered technological advancements led to an age of economic prosperity, that was especially beneficial for all Americans especially the wealthy.[2] However, the rampantRead MoreSimilarities Between Cleopatra And Cleopatra1523 Words à |à 7 Pagesfirst of three consecutive battles in 264 BC, which was known as the Punic wars. In the end, around 146 BC the Romans came out on top, finally defeating the Carthaginians. However during the second Punic war the Romans lost a few important battles, the most important being the battle against Carthaginians general Hannibal. The Romans mustered up enough strength to capture the city of Carthage in 146 BC. The Romans burned the city of Carthage to the ground, leaving no trace. This destruction wasRe ad MoreEconomic Growth And Its Effect On Society1737 Words à |à 7 Pagesto expand, an important question that arises is, is economic growth beneficial or harmful to society? Economic growth as defined as: ââ¬Å"An increase in the amount of goods and services produced per head of the population over a period of time (The Oxford American College Dictionary)â⬠is in no way a bad thing for society. The issue with this comes from the way we as humans use such this broad definition of economic growth as an indicator of wellbeing and happiness within a country, leading to misuse ofRead MoreThe Importance Of Frances Willard : The Gilded Age1751 Words à |à 8 PagesThe Importance of Frances Willard Throughout the course of the Gilded Age, several influential figures rose impacting the economic, political, and cultural status of the United States. One of the most important figures of this time period was Frances Willard, born in New York in 1839. Francis Willard held several important positions, exceeding as an educator, a womenââ¬â¢s suffragist, and a co-founder of the Womanââ¬â¢s Christian Temperance Union (Britannica). The fact that Frances Willard held these positionsRead MoreThen / Now Fashion : Everything Old Is New Again1768 Words à |à 8 Pagestechnicalities, the factor of societal standards, norms, and expectations was what largely shaped how women dressed at the turn of the century. The demeanour then was quite conservative, especially towards women; people believed that they served as only an asset to their male counterparts and subsequently, only useful for domestic tasks and baby making. As the decades went on, it was inevitable that fashion evolved, and seasons and trends came and went. The roaring 20s saw a new age as WWI had gone
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