Tuesday, June 25, 2013

How did Carnegie and Rockefeller exemplify the changes that took place in American Business from 1865-1900?

The major change in American business during this time was
the fact that companies started getting bigger and bigger.  By the end of the century,
the US was in the middle of the era of "robber barons" and the monopolies or near
monopolies that they and their companies enjoyed.  Men like Rockefeller and Carnegie
exemplified these changes with their creation of huge oil and steel
companies.


The two men also later exemplified the idea of
the social gospel.  Both men gave huge amounts of money later in life to charitable
causes.  This showed their dedication to the idea that the rich had a duty to spend
their money to improve their society.

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