Empirical study of the growth of big business

U.S. History from 1865-1945

Mark Twain coined the term “Gilded Age” in 1873 to refer to not only the name of his novel, but to the excessive greed and corruption he witnessed during that time. “Gilding” referred to adorning something further that is beautiful to begin with — in other words, in Twain’s mind — excessive and wasteful, which characterized the era in the U.S.

Don't use plagiarized sources. Get Your Custom Essay on
Empirical study of the growth of big business
Just from $13/Page
Order Essay

The greater part of the nineteenth century saw significant change in the United States, perhaps the last third of that one hundred year period most of all. The country began that time period as an agrarian, unpopulated, spread-out, local-oriented, isolated group of individual states.

By 1900, the U.S. grew to be one of the great powers of the world — industrial, urban, modern, and national-oriented country of states spread from sea to shining sea. (Calhoun, 2006, p.1)

The growth of big business represented the dominant economic fact of the era. An expanding railroad network brought the nation together and created a national market. In the process, the railroads emerged as the nation’s first big business. They employed thousands of people, created bureaucratic structures to carry on their operations, and posed large policy issues for the political system. The iron and steel, petroleum, and electrical industries all loomed large in the economy. Consumers used processed foods in tin cans, ready-made clothing, and telephones. http://www.encyclopedia.com/doc/1O119-FarmMachinery.html” Farm machinery spurred productivity in the agrarian sector. (Boyer 2, 2001)

Mass Society

The definition of mass society from The Encarta dictionary is: A society in which the national or global nature of the influences on life, e.g. mass production and the mass media, has stripped the population of its diversity.

Alexis deTocqueville toured the U.S. during the gilded age of the 1800’s. His classic description of what he found he described as: “mass society has echoed through the whole subsequent history of social theory: ‘…an innumerable multitude of men, all equal and alike, incessantly endeavoring to procure the petty and paltry pleasures with which they glut their lives.

Nineteenth-century sociologists shared many of de Tocqueville’s concerns about the emerging culture of industrial societies. (Marshall, 1998)

On the farms of the South and Midwest, populist protest erupted over the power of the railroads, the financiers, and the middlemen who in the eyes of angry farmers were nothing but parasites who fed off their harvests. (enotes.com, n.d.)

In 1890, twelve per cent of the population controlled eighty-six per cent of the growth, while the top two per cent earned fifty per cent of all income in the U.S. In this climate of growing social disparity, “reformers” did the work of the wealthy who wished to keep the wages of the workers low and their own profits high. Misery and impoverishment became evident at levels never seen before in this country. (Friedman, 2007, p.252)

The last quarter century was an era of big business domination, expanding railroads, huge steel factories, and rampant oil production. Mass production and mass distribution lowered price levels. Deflation and falling prices defined the economic situation during the last quarter of the nineteenth century. And with economic growth came huge social inequities between the working class and the wealthy owners. (Boyer, 2001)

Sixty-hour weeks, no insurance, no compensation for injuries or overtime, and no pensions symbolized the workers’ plight. And when the workers went on strike over the inequities, the government sided with the owners.

The mass society of the late nineteenth century had no diversity. It was a society in which the rich and powerful manipulated the existence of the politically and economically powerless mass through overwhelming mass production, mass communication, and mass distribution.

Examples (Boyer 2, 2001) Mass production transformed the way Americans lived and worked at the beginning of the twentieth century. Thanks to its role in creating mass consumer culture (mass society), it constitutes a vital part of contemporary life. It was responsible for the dehumanizing assembly-line work of the late nineteenth and early twentieth century as well as the physical comfort enjoyed by most people in industrialized countries. The 1926 edition of the Encyclopedia Britannica formally introduced the term in an article titled “Mass production.” The article appeared over Henry

Ford’s name, for he is indeed recognized as the man who popularized the term and, more important, made mass production work. (Calhoun, C.W. 2006, p. 62-63) When a bomb exploded in Harmarket Square in Chicago in 1886 during a labor demonstration in support of miserably paid strikers who wanted an 8-hour day, the police blamed, without evidence, the striker’s “anarchist” leaders. The dominant business creed of the Gilded Age celebrated the unabated acquisition of material wealth. It was a system that brutalized labor and dismantled the achievements of American democracy.

Enotes.com, n.d.) The last decade of the nineteenth century, despite American triumphs overseas, had been a decade of sometimes violent upheaval and social crises. The worst depression in the nation’s history prior to the Great Depression of the 1930s struck in 1893, throwing millions out of work when such things as unemployment insurance and old-age pensions were unheard of. Violent strikes against the Pullman Company in Chicago and Carnegie Steel in Homestead, Pennsylvania, seemed to signal to an anxious middle class a dawning era of bitter class conflict. Urban political machines and bosses ruled, votes were bought and sold, insiders reaped windfalls from corruption, and the desperate needs of urban residents for clean air and water, were ignored.

Bibliography

Boyer, P.S. (2001). Early republic, era of the. Retrieved February 20, 2009, from encyclopedia.com: http://www.encyclopedia.com/doc/1O119-EarlyRepublicEraofthe.html

Boyer, P.S. 2 (2001). Gilded age. Retrieved February 23 from encylcopedia. com, 2009, from The Oxford companion to U.S. history: h ttp:/ / www.encyclopedia.com/doc/1O119-GildedAge.html

Calhoun, C.W. (2006). The Gilded Age: Perspectives on the origins of modern America. New York: Rowman and Littlefield. (http://books.google.com/books?id=XrZTTCaCRAUC&printsec=frontcover) enotes.com. (n.d.). Overview: 1900’s. Retrieved February 25, 2009, from Enotes.com:

http://www.enotes.com/1900-american-decades-about/introduction

Friedman, L.J. (2007, February). History reference center. Retrieved February 23 from American Historical Review, 2009, from EBSCO data base: http://ezproxy.ppld.org:2054/ehost/pdf?vid=12&hid=4&sid=eecb2480-38e8-4a0a-b188-df555b7a5a56%40sessionmgr9

Marshall, G. (1998). A dictionary of sociology. Retrieved February 23, 2009, from encyclopedia.com: http://www.encyclopedia.com/doc/1O88-masssociety.html

What Will You Get?

We provide professional writing services to help you score straight A’s by submitting custom written assignments that mirror your guidelines.

Premium Quality

Get result-oriented writing and never worry about grades anymore. We follow the highest quality standards to make sure that you get perfect assignments.

Experienced Writers

Our writers have experience in dealing with papers of every educational level. You can surely rely on the expertise of our qualified professionals.

On-Time Delivery

Your deadline is our threshold for success and we take it very seriously. We make sure you receive your papers before your predefined time.

24/7 Customer Support

Someone from our customer support team is always here to respond to your questions. So, hit us up if you have got any ambiguity or concern.

Complete Confidentiality

Sit back and relax while we help you out with writing your papers. We have an ultimate policy for keeping your personal and order-related details a secret.

Authentic Sources

We assure you that your document will be thoroughly checked for plagiarism and grammatical errors as we use highly authentic and licit sources.

Moneyback Guarantee

Still reluctant about placing an order? Our 100% Moneyback Guarantee backs you up on rare occasions where you aren’t satisfied with the writing.

Order Tracking

You don’t have to wait for an update for hours; you can track the progress of your order any time you want. We share the status after each step.

image

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

Areas of Expertise

Although you can leverage our expertise for any writing task, we have a knack for creating flawless papers for the following document types.

image

Trusted Partner of 9650+ Students for Writing

From brainstorming your paper's outline to perfecting its grammar, we perform every step carefully to make your paper worthy of A grade.

Preferred Writer

Hire your preferred writer anytime. Simply specify if you want your preferred expert to write your paper and we’ll make that happen.

Grammar Check Report

Get an elaborate and authentic grammar check report with your work to have the grammar goodness sealed in your document.

One Page Summary

You can purchase this feature if you want our writers to sum up your paper in the form of a concise and well-articulated summary.

Plagiarism Report

You don’t have to worry about plagiarism anymore. Get a plagiarism report to certify the uniqueness of your work.

Free Features $66FREE

  • Most Qualified Writer $10FREE
  • Plagiarism Scan Report $10FREE
  • Unlimited Revisions $08FREE
  • Paper Formatting $05FREE
  • Cover Page $05FREE
  • Referencing & Bibliography $10FREE
  • Dedicated User Area $08FREE
  • 24/7 Order Tracking $05FREE
  • Periodic Email Alerts $05FREE
image

Our Services

Join us for the best experience while seeking writing assistance in your college life. A good grade is all you need to boost up your academic excellence and we are all about it.

  • On-time Delivery
  • 24/7 Order Tracking
  • Access to Authentic Sources
Academic Writing

We create perfect papers according to the guidelines.

Professional Editing

We seamlessly edit out errors from your papers.

Thorough Proofreading

We thoroughly read your final draft to identify errors.

image

Delegate Your Challenging Writing Tasks to Experienced Professionals

Work with ultimate peace of mind because we ensure that your academic work is our responsibility and your grades are a top concern for us!

Check Out Our Sample Work

Dedication. Quality. Commitment. Punctuality

Categories
All samples
Project
Thesis/Thesis chapter
Research paper
Essay (any type)
Project
creating a Code of Conduct
Master's
Ethics
3
View this sample
Research paper
Week 1 Journal Assignment
Undergrad. (yrs 3-4)
Human Resources Management (HRM)
6
View this sample
Research paper
Cultural Intelligence Presentation
Master's
Management
5
View this sample
Research paper
Communicable Disease
Master's
Accounting
8
View this sample
Research paper
Mental health
Master's
Nursing
10
View this sample
Essay (any type)
Personalized Glossary of Research and Assessment Terms
Master's
Education
11
View this sample

It May Not Be Much, but It’s Honest Work!

Here is what we have achieved so far. These numbers are evidence that we go the extra mile to make your college journey successful.

0+

Happy Clients

0+

Words Written This Week

0+

Ongoing Orders

0%

Customer Satisfaction Rate
image

Process as Fine as Brewed Coffee

We have the most intuitive and minimalistic process so that you can easily place an order. Just follow a few steps to unlock success.

See How We Helped 9000+ Students Achieve Success

image

We Analyze Your Problem and Offer Customized Writing

We understand your guidelines first before delivering any writing service. You can discuss your writing needs and we will have them evaluated by our dedicated team.

  • Clear elicitation of your requirements.
  • Customized writing as per your needs.

We Mirror Your Guidelines to Deliver Quality Services

We write your papers in a standardized way. We complete your work in such a way that it turns out to be a perfect description of your guidelines.

  • Proactive analysis of your writing.
  • Active communication to understand requirements.
image
image

We Handle Your Writing Tasks to Ensure Excellent Grades

We promise you excellent grades and academic excellence that you always longed for. Our writers stay in touch with you via email.

  • Thorough research and analysis for every order.
  • Deliverance of reliable writing service to improve your grades.
Place an Order Start Chat Now
image