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gilded age problems
Industrialization brought increased production but also increased pollution. This pollution started to negatively impact the environment. In addition, Americans were exploiting their natural resources by depleting the finite amount available. -
andrew carnegie
Scottish-born Andrew Carnegie (1835-1919) was an American industrialist who amassed a fortune in the steel industry then became a major philanthropist. -
John D. Rockefeller
American industrialist John D. Rockefeller was born July 8, 1839, in Richford, New York. He built his first oil refinery near Cleveland and in 1870 incorporated the Standard Oil Company. By 1882 he had a near-monopoly of the oil business in the U.S., but his business practices led to the passing of antitrust laws -
gilded age business
was a period of economic growth as the United States jumped to the lead in industrialization ahead of Britain. The nation was rapidly expanding its economy into new areas, especially heavy industry like factories, railroads, and coal mining. -
gilded age politics
Gilded Age politics, called the Third Party System, featured intense competition between two major parties, with minor parties coming and going, especially on issues of concern to prohibitionists, to labor unions and to farmers. -
monopoly & trust
Monopolies took several organization forms including what were known as trusts. Stockholders of several competing corporations turn in their stock to trustees in exchange for a trust certificate entitling them to a dividend.