"No person will make a great business who wants to do it all himself or get all the credit." (Carnegie) One of the major characteristics that define the success of this Golden age was that of the onset of the multitude of inventions that played a major role in the reformation of agriculture and lifestyle.The transformation of the United States into an industrial nation took place largely after the Civil War and on the Britsih model. Although the Industrial Revolution brought many positive inventions, the class divisions were obvious because the workers were paid at horrible wages. The Industrial Revolution, wages, and class divisions were all part of the economic power.
The Industrial Revolution started in Great Britain, and
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Rockefeller was the founder of the Standard Oil company, making millions of dollars. "The capital was $110 million, the profit was $45 million a year, and John D. Rockefeller's fortune was estimated at $200 million." (Zinn) J.P. Morgan was an American financier, banker and philanthropist during his time. He merged with Carnegie Steel Company and several other steel and iron companies to form the United Stated Steel Corporations. "We do not want financial convulsions and have one thing one day and another thing another day." (Zinn) While industries were building up they were willing to hire workers only to pay them at a low wage. In the early years of the Industrial Revolution, workers were not payed very well.
Women found jobs mainly in domestic service, textile factories, and piece work shops. The typical female factory worker made $6 a week. Some working-class women turned to prostitution. "As much as 10 percent of New York's female working-age population worked in the sex business in the 1890's."(Goldfield 60) Children suffered the most working in the factories. For all there hard work they would do, children would make about $3 a week, or maybe not even get paid. Young boys were to pluck waste matter from coal tumbling down, inhaling harmful coal dust all day. Young girls were losing fingers from mill accidents. The treatment of children in the factories was often cruel and unusual, the children's safety was generally neglected. "...Pennsylvania and a few