Several years after the Civil War ended in 1865, new and old industries began to emerge, creating what is known as the Industrial Revolution (Klunk, 2016). Through innovative ideas, many individuals developed industrial plants and machinery, which contributed to the rise in growing industries. It was these innovations that facilitated growth into the modern day American economy. To analyze the development of industry, business, and labor after the American Civil War, this paper will discuss several industries of America’s Industrial Revolution. This paper will further examine what made the leaders of these industries successful, identify the origins and growth of labor unions, and determine what labor unions accomplished in the post-Civil War
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Rockefeller (Sage, 2013). Slater became successful through his organizational methods while building the first water powered textile mill in America in 1793 and later advanced to the production of a mill village in 1803 (Ecklison, 2003). According to research, “By 1807, the village included the Slatersville Mill, the largest and most modern industrial building of its day, two tenement houses for workers, the owner 's house and the company store” (Ecklison, 2003, p. 1). Slater’s industry continued to see growth as he employed entire families to work and live in these villages. Carnegie was a man who worked for the railroads prior to becoming a steel tycoon. After leaving the railroad to seek a new business venture, he invested in steel production, which later developed into his own company (Sage, 2013). Researchers have suggested that Carnegie became most successful from, “creating profitable partnerships and investing widely and wisely. He eventually saw his Federal Steel Company become the core of the United States steel Corporation” (Sage, 2013, p. 1). From the success of investments and partnerships, Carnegie established the first billion-dollar industry in the world (Sage, 2013). Finally, historians believe Rockefeller had become successful through his business model achievement of producing good …show more content…
After labor unions started to thrive, they accomplished great things for individuals in the workplace. Professionals have suggested, “It is often hard to remember that what we take for granted-vacations with pay, pensions, health and welfare protection, grievance and arbitration procedures. These benefits never existed on any meaningful scale until unions fought and won them for working people” (Zahavi, 2000, p. 2). The formation of labor unions helped to provide workers with appropriate work hour laws, breaks and lunch during work hours, and many more benefits that facilitate equality as well as fairness to all
Rockefeller (Sage, 2013). Slater became successful through his organizational methods while building the first water powered textile mill in America in 1793 and later advanced to the production of a mill village in 1803 (Ecklison, 2003). According to research, “By 1807, the village included the Slatersville Mill, the largest and most modern industrial building of its day, two tenement houses for workers, the owner 's house and the company store” (Ecklison, 2003, p. 1). Slater’s industry continued to see growth as he employed entire families to work and live in these villages. Carnegie was a man who worked for the railroads prior to becoming a steel tycoon. After leaving the railroad to seek a new business venture, he invested in steel production, which later developed into his own company (Sage, 2013). Researchers have suggested that Carnegie became most successful from, “creating profitable partnerships and investing widely and wisely. He eventually saw his Federal Steel Company become the core of the United States steel Corporation” (Sage, 2013, p. 1). From the success of investments and partnerships, Carnegie established the first billion-dollar industry in the world (Sage, 2013). Finally, historians believe Rockefeller had become successful through his business model achievement of producing good …show more content…
After labor unions started to thrive, they accomplished great things for individuals in the workplace. Professionals have suggested, “It is often hard to remember that what we take for granted-vacations with pay, pensions, health and welfare protection, grievance and arbitration procedures. These benefits never existed on any meaningful scale until unions fought and won them for working people” (Zahavi, 2000, p. 2). The formation of labor unions helped to provide workers with appropriate work hour laws, breaks and lunch during work hours, and many more benefits that facilitate equality as well as fairness to all