Thursday, March 28, 2013

The Gilded Age

The Gilded Age and Progressive Era were unmatched of immense economic and technological growth. It was the greatly thanks to industrialization, the art of clutch producing everything. Politics were full of scandals and corruption, causing an uproar of mistrust towards the g everywherenment. Businesses nearly the country were increasing productivity and trying new ideas.

Frederick Winslow Taylor agnize that work could be done much faster and with less(prenominal) problems if machines did the work in his factory and not skilled laborers. He created the machines that many factories then used, that many unskilled workers could use beneath the supervision of a few knowledgeable instructors. This increased compensation to unskilled workers, as well as request a high demand at colleges for knowledgeable people who find out the machines.

The American people grew distrustful of the government after scandals and stories of drool hit. The Crédit Mobilier of America scandal was just one of many. The Union Pacific paid Crédit Mobilier to gain ground the Transcontinental Railroad. In turn, Crédit Mobilier used that capital to buy stocks and bonds in the Union Pacific at equation value, then sold those stocks on the open market to run a huge profit. This caused Crédit Mobilier to gain over forty-million dollars in profit.

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The government was being attacked left and right because of the lot of scandals happening. A group of politicians got over three million dollars stealing from federal taxes on liquor. They had bribed several liquor distillers, storekeepers, and internal gross agents.

The United States was finally the world leader in technology. thither was over five-hundred thousand new patents from 1860 to 1890. Businesses were hitting the ground footrace with the use of electricity in factories, the use of kerosene in lamps instead of candles, and the invention of the power plant. Americans started to use oil more(prenominal) often, increasing jobs for the employees and profits for oil companies. Their deep pockets...If you want to hold back a full essay, order it on our website: Orderessay



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