Gilded Age Dbq Essay Examples

Essay about Big Business In The Gilded Age

1028 Words5 Pages

The late 19th century and early 20th century, dubbed the Gilded Age by writer Mark Twain, was a time of great growth and change in every aspect of the United States, and even more so for big business. It was this age that gave birth to many of the important modern business practices we take for granted today, and those in charge of business at the time were considered revolutionaries, whether it was for the good of the people or the good of themselves. The exact period of time in which the Gilded Age occurred is ever-debatable, but most historians can at least agree that it started within the 20 years after the Civil War ended and lasted until the early 1920s. (West) The Gilded Age itself was characterized by the beginnings of…show more content…

This law forced the railroads to report to the federal government before making important decisions like how much to charge customers. The railroad companies were outraged and used the defense that their monopolies were almost automatically formed, but there was nothing they could do since the law was federal. (Moritz 19-24, 28) Telegraph grids were another technological advancement of the Gilded Age. For the first time in history, transcontinental communication was possible. People could now find out about news from across the nation within minutes of it happening, instead of days as it sometimes took before. Businesses took advantage of this by building plants and factories all across the country, hiring managers for each individual outfit, and communicating among each location with ease. (Sinclair 75) Telegraph lines were also a nurturing point for one of the most famous business tycoons of the Gilded Age, Andrew Carnegie. (Carnegie 653) Carnegie not only got his start as a young Irish immigrant working as a railroad telegraph operator, his first major corporation was the Keystone Telegraph Company, in which he acquired the Pacific and Atlantic Telegraph Company. Carnegie thought of giving up on business after having moderate success, but on a trip to England in 1872, he met with Henry Bessemer and saw his plans for steel. (Carnegie

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