The American Industrial Revolution Of The United States Essay

1238 Words Oct 5th, 2014 5 Pages
One of the greatest influential people during the Industrial Age were the robber barons.
A robber baron was a person that exploited the working class and obtained tribute from the public. They had been accused of creating a monopolistic economy in several different areas of the United States. The principal barons that were the strongest are Rockefeller, Cornelius Vanderbilt, Andrew Carnegie and J.P. Morgan. These individuals created such a strong monopoly over their respected industry. Through their monopolies they eliminated any opposition that stood in their way to make profit and left consumers with just one choice, to buy just from them. Is this just a good way to make business or was this tyranny over the market? Post the Civil war the United States began changing rapidly it was especially notable in the economic standpoint of running businesses in what it known as the American Industrial Revolution. The capital in the country was so rapid that “during the 1900 the amount of money that was invested rose from $1 billion to almost $10 billion, as well as the labor force grew from 1,300,000 to 5,300,000”(De Santis 1). The great boom caused by the industrial Revolution made the United States the richest country in the entire world. One of the great key factors that made the United States the “Super Power” was the expansion of railroad tracks, from sea to shining sea. This made the transportation of goods faster than if it was by buggy. One of the factors of the…

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