Industrial Revolution & Captains of Industry
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Without doubt, the Captains of industry were responsible for creating enormous wealth in U.S. society. However, also without doubt is the fact that they were ruthless monopolists who were abusive to their workers and competitors and ultimately were more dangerous to the U.S. economy than beneficial.After 1893, Morgan, Rockefeller, and Carnegie ôcontrolled the heart of the economyö (Wasserman 84). By April, 1901, the House of Morgan offered public shares of the nationÆs first billion dollar trust, the U.S. Steel Corporation (Wasserman 84). Despite the boon to the U.S. economy from the rise of the steel, coal, banking, and oil industries, these men were ruthless in business and engaged in unfair practices to
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Some common words found in the essay are:
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Approximate Word count = 494
Approximate Pages = 2 (250 words per page)
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