Big Business: Monopolies In The Gilded Age

The actions of these Morgan, Rockefeller, Carnegie, businessmen in the late 1800s have a negative impact on society. These three men didn't have respect for their workers. Morgan criticized for creating monopolies by making it difficult for any business to compete against his. Criticized that for having too much power and was accused of manipulating the nation's financial system for his own gain Morgan he financially rescued the United states government twice but also Did Not treat workers well. Morgan forced his workers to labor under harsh condition for long hours and low pay.

After the Civil War, the United States had two distinct economies, which is quite significant. The Southern economy was completely damaged by the results of the Civil War. Southerners were forced to readjust their entire economy, because slaves needed to be liberated, leaving slave-owners with no workforce. Meanwhile, in the North, the need to supply Union armies with particularly daily supplies marked the start of an era of industrial development. Which giant corporations essentially emerged known as Big Business.

Henry ford was a farmer who did amazing things and started one of the biggest automotive company in the world. He would use quotes to encourage his workers and he once said, "The gifted man bears his gifts into the world, not for his own benefit, but for the people among whom he is placed; for the gifts are not his, he himself is a gift to the community." He is saying that your gifts are not for you but for everyone around you, and you are gift to the community. Henry Ford was an important and influential figure in history that had a positive impact on the world because he made one of the biggest automotive companies in the world and helped give people in America jobs because of this. Henry was born July 30, 1863 in Greenfield Township,

John Davison Rockefeller was born July 8, 1839 in Richford, New York. He was a given Northern Baptist and upheld numerous church-based foundations. He taught Sunday school, and served as a trustee, assistant, and infrequent janitor. Rockefeller was also considered a supporter of capitalism based in a perspective of social Darwinism. Perhaps he was the most famous of the entrepreneurs to take advantage of wide-open state of American capitalism.

Andrew Carnegie and John D. Rockefeller were hardworking and used their money to help others instead of keeping it for themselves. They both started and donated to charities. Carnegie gave away most of his money before he died and established thousands of libraries.

Henry Ford, despite the fact that he started out poor and worked in the engineering area, managed to build his first gasoline powered Quadricycle, five years later he created the Model T. When Henry was younger his father gifted him with a watch, Ford then started to take it apart and reassemble it which got him into the manufacturing business. As he grew older he stayed in the business and created a car known as, Model T. Because he helped America's economy during their most vulnerable years, Henry Ford is considered one of America's Leading Businessman. Ford was a revolutionary figure in the automotive world by improving the assembly line, work, pay, and the Model T. One of Ford’s biggest accomplishments was the creation of the Model T. After

Throughout United States history, there has been many imperative figures who have helped change the nation’s economy, government, or society in a variety of different ways. During the 1900’s Henry Ford an American entrepreneur revolutionized the automobile industry by creating the Ford Motor Company and introducing the assembly line. Henry Ford was born on July 30, 1863 in Greenfield Township, Michigan, and died on April 7, 1947 in Dearborn, Michigan. At an early age he disliked school and he could not read or write well but he liked to work with mechanical objects such as watches.

John D. Rockefeller had donated millions of dollars throughout his life. Rockefeller and his son founded the Rockefeller Foundation in 1913. The goal of The Rockefeller Foundation was to help humanity. The Rockefeller Foundation’s goal is to bring together philanthropists, social change leaders, governments, non-profits, and the private sector to n to solve the world’s most important challenges.

Henry Ford is a well-known name in America History. Henry Ford founded Ford Motor Company. Henry Ford is well known for developing the assembly line technique that was used to produce the Model T Ford. The Model T ford and the assembly line technique changed transportation for years to come.

Henry Ford changed the lives of millions of American people by his genius idea. There is a quote by Henry Ford that states, “One of the greatest discoveries a man makes, one

This is because smaller businesses were ruined by larger ones. George Rice, who was the owner of a smaller oil company, says in Document H that he was ruined by the Standard Oil Company because the big business was selling oil for lower prices. They could sell it at such low prices because

During the period of 1870 to 1900 large corporations, such as the railway company, grew significantly in size, number, and influence. The cause of this was the need for a new way of transportation, the demand was great so the railways expanded all over the United States so that they could meet these demands. These large corporations affected the economy by making it easier to pay for everyday chores, politics in the way that it gave politicians too much power but in doing so gave normal limited power. The corporations had great power and influence which made them a huge impact to society.

During the Progressive Era there were multiple of changes occurring that people became overwhelmed. New resources in the oil market, industrialization, fights for equality. There were many factory jobs, however, no one to stand up for the workers. So of course people will turn to their government for help, the power house of the country. However, even the government was picky in what they helped with.

For starting the period of mass manufacturing and consumerism in the American economy, he is well known. In addition

Henry Ford was more than just a mechanic, he created the first automobile and change our view of technology greatly. He worked to make the world a better place one step at a time, and he always helped those in need and was sure to look for the good in any situation, such as creating the first automobile,