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captains of industry vs robber barons

Captains of industry vs robber barons Video

US History - Lecture on Robber Barons/Captains of Industry

Captains of industry vs robber barons - idea

There was a time in U. The wealth of people like John D. Wealth so vast can often highlight the financial inequality of an era. The title suggested that the thin veneer of wealth for the elite masked broader issues for many in the lower and middle classes. Much of this growth was courtesy of railroads — which now spanned from coast to coast — as well as factories, steel, and the coal mining industry. Big business boomed, with technology such as typewriters, cash registers, and adding machines helping to transform how people worked. And the economic explosion included not only industrial growth, but also a growth in agricultural technology such as mechanical reapers. In a time of such great expansion and fewer regulations surrounding wealth and business practices, circumstances were perfect for the rise of a class of extremely wealthy individuals who made up a very small percentage of society. With technology booming and immigrants flocking to the United States seeking better opportunities for themselves and their families, they left their mark on the United States — and on history. The wealthy elite of the late 19th century consisted of industrialists who amassed their fortunes as so-called robber barons and captains of industry.

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captains of industry vs robber barons

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captains of industry vs robber barons

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captains of industry vs robber barons

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