In the American Revolution corporations
were able to be tycoons in order to buy and sell products to consumers. Tycoons
were able to become very wealthy by, the process of controlling as much of the business
as possible through vertical integration. Vertical Integration is known as the combination
of one company of two or more products operated by separate companies.
Corporations were able to search for new ways to make better products cheaply.
An example was Andrew Carnegie that became a steel manufacturer and bought
other companies in order to have the most control and, be able to gain as much
profit. He not only did profit but he also donate money to charities and was
known as a model in the 19th century.
Andrew Carnegie and example of Vertical Integration with the steel Manufacturing Source |
People believed that rich people was a sign of God Source |
As a result corporations began to have competition among their selves. Robber baron known as wealthy people who try to get land or business more money in a way that is dishonest or wrong. Business were raising prices higher than before and started to reduce wages of workers. With the idea of wealth social Darwinism kick it in,
people that believed that being rich was a sign of God’s
favor and a sing of being poor.
In my opinion I believe that rich man liked the idea of social
Darwinism because, the government
wouldn't question god’s rules and, they would believe that they are more superior than poor people.
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