Industrialization after the Civil War
Professor Adam McBride
History 105: Contemporary U.S. History
August 3, 2014
The industrialization after the civil war had affected American in different ways. Industrialization influenced the U.S society by the number of employed children under the age of 15 were increasing when children were suppose to be getting an education but instead are working underage. The steel and oil industries fueled the growth of the American ...view middle of the document...
When he first moved to the U.S with his family he settled in Allegheny, Pennsylvania where he had his first factory job earning $1.20 a week. Later in the years Carnegie worked in the railroad industry in which he learned about the railroad industry and about general business. He was later promoted to a superintendent. Carnegie then merged in working for the steel industry. Carnegie started his own business which was called the Carnegie Steel Company. The business revolutionized steel production in the United States. Later on in the years, Carnegie sold his company to J.P. Morgan for over $400 million.
The next industrial tycoon entrepreneur of the late 19th and 20th century was Henry Ford. Henry Ford was the first to introduce the assembly line format production for the automobile. Ford created Model T car in 1908 and went on to develop the assembly line mode of production which revolutionized the industry. Ford started of working on the farm at the age of 13 and worked as an apprentice as a mechanist in Detroit. Later in the years in 1903, Henry Ford established the Ford Motor Company. He then introduced the Model T in 1908 which posted 100 percent gains. In 1914 is when Ford sponsored the development of the moving assembly line of mass production. He was the first to introduce the $5 per day wage which was a method of keeping the best workers loyal to the company.
The last industrial tycoon entrepreneur was John Rockefeller. Rockefeller was the head of the standard oil company and one of the world’s richest men. He used his well earned fortune to fund ongoing philanthropic causes. John Rockefeller was born and raised in New York where he built his first oil refinery near Cleveland and in 1870 incorporated the Standard Oil Company. The Standard Oil Company was a dominating force in the American economy that propelled its founder to become the world’s richest man. By the 1880’s his company had a net worth of $55 million. In the same year, states began to enact antimonopoly legislation paving the way for the 1800 passage of the Sherman Antitrust Act. In the later years, John started a charity in which he donated more than $530 million to various causes. His money helped pay for the creation of the University of Chicago as well as the Rockefeller Institute for Medical Research (later named Rockefeller University) in New York, as well as the Rockefeller Foundation.
The final major aspect that influenced U.S. society, economy, and politics during the industrialization was the legislation laws. Reformers from the local and state legislation passed many laws to help the poor. Much of the laws provided tenement housing inspection, playgrounds, and other improvements of the life in the slums. The reform governments expanded public education and forced employers to protect workers against fires and dangerous machinery in factories. The first president in 1901, Theodore Roosevelt a liberal republican helped laborers in a strike...