Cornelius Vanderbilt

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    America has been the land that has always grown and expanded. Expanded with the idea that you can do anything you want, build what you want, and create anything you please. Business boomed in the 1800’s with many men and many ideas that created with each other. Andrew Carnegie invested in the Woodruff Corporation and created the very first railroad sleeping car. In 1860 he ended up making five thousand dollars a year and ended with an annual income of almost fifty thousand dollars a year.…

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    Powderly William Graham Sumner John P. Altgeld Samuel Gompers What was the impact of the transcontinental rail system on the American economy and society in the late nineteenth century? 2) How did the huge industrial trusts develop in industries such as steel and oil, and what was their effect on the economy? 3) What was the effect of the new industrial revolution on American laborers, and how did various labor organizations attempt to respond to the new conditions? 4) The…

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