Essay on Apush Gilded Age

2855 Words Mar 5th, 2013 12 Pages
The Gilded Age * During the Gilded Age, American businesses were transformed: * Massive corporations replaced small, family businesses * New technology, transportation, marketing, labor relations, & efficient mass-production * By 1900, the U.S. was the most industrialized country in the world * 19th-century inventors led to an “Age of Invention”: * Cyrus Field’s telegraph cable * Business typewriters, cash registers, adding machines * High-speed textile spindles, auto looms, sewing machines * George Eastman’s Kodak camera * Alexander G. Bell’s telephone * By 1905, 10 million Americans had phones; (Bell Telephone Co became AT&T) * Thomas Edison, the “Wizard of …show more content…
Rockefeller monopolized the oil industry, lowered oil costs & improved the quality of oil * In 1863, John D. Rockefeller created Standard Oil Company in Cleveland (at age 24!); he also used spies, bribery, threats * By 1879, Standard Oil ruled 90% of all U.S. oil & sold to Asia, Africa, & South America
The Industrial Workers * Industrial work was hard * Laborers worked long hours & received low wages but had expensive living

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