Colonization of English and Spanish
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Industrialism in the United States favored many factors upon its development. The factors with much favor regarding the development of Industrialization within the United States was between the end of the Civil War and the early twentieth century. The United States underwent one of the most rapid and profound economic revolutions than any country has ever experienced.
Abundent resources was a growing supply of labor expanding market for manufactured goods and supplies. The Federal government promoted industrial and agricultural development (Foner, 587). Rapid growth of factory production, mining, and railroad construction in all parts of the country except for the South.
Andrew Carnegie emigrated with his family from his Native Scotland at the age of thirteen. As a teenager, Andrew Carnegie worked in a Pennsylvania textile factory and was later hired as a “private telegraph operator”. After doing an outstanding job with telegraph, Andrew Carnegie was promoted later to one of Pennsylvanias railroad management positions.
Carnegie set out to establish a vertically integrated steel company that controlled every aspect of the business from raw materials, to transportation, manufacturing and distribution. Later on roughly around the 1890s mark, Carnegie dominated the steel industry and accumulated a fortune that was worth well over hundreds of millions of dollars.
Andrew Carnegies complex of steel factories of Homestead, Pennsylvania was the most technologically advanced in the world. With all of his outstanding work/accomplishments, Carnegie denounced the “worship of money” and distributed much of his hard earned wealth to various Philanthropies, especially the creation of public libraries in towns throughout the country (Foner, 592).
His factories was operated and ran on two twelve hour shifts which caused the business to be up and running non-stop on a every day basis all year long excluding the Fourth of July. J.P. Morgan created U.S. Steel in 1901 and combined eight large steel companies into the first billion dollar economic enterprise.
Standard oil and International Harvester were a manufacturer of agricultural machinery, which also dominated major parts of the economy. Some of the drawbacks and shortcomings of Industrialization was the workers started to obtain more knowledge in reference to the jobs they were performing and their employers had no where near as much