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Sunday, October 20, 2013

robber barrons

Post Civil War industrialized America was embrace of new inventions and systems of business. Unfortunately many of these cans that were started had corrupt leaders. Starting with the name mobilier in the railroad intentness to Jay Cooke in the finance pains and Carnegie in the steel industry. Most of these corporations created many jobs for Americans and the immigrants entering the US but they also gave them bad working conditions and low recompense so that they could make as much profit as possible. Many historians call these leaders of the corporations the pirate barons. The Credit Mobilier mark: - Started with no regulation on what railroad companies were spending and who they were hiring. - The subject matter Pacific Railroad hired a sister company, which was genuinely their company and over paid them on the governments tab. Andrew Carnegie: - Often regarded as the second richest man in history - He do his fortunes in the stee l industry with vertical integration. - Carnegie gave away a great(p) amount of his wealth after he had establish a solid company and made more then abounding silver to last his lifetime. According to Henry George: -The gap in the midst of the poor and the rich is increasing due to these robber barons of the later(a) 19th century.
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-Workers will take low wage jobs in dangerous working conditions because there was not enough capital to feed the family. -Even children had to work in factories or in mines. stump Tweed and the Tweed Ring: -Tweed was a NY politician who was the third-largest landholder in New York City. ! -Tweed take large sums of money from NYC taxpayers through with(predicate) political corruption. -He was convicted and died in Ludlow Street Jail, which he ironically built. non every corporation had robber barons in the Late 1800s but the ones that did made a lasting impact on the way government regulates businesses. These corrupt leaders are in a flash know as the robber barons...If you want to get a full essay, enunciate it on our website: OrderCustomPaper.com

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