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Improved communications also contributed to economic expansion. The railroad improved mail delivery, replacing the stagecoach. The invention of the telephone and the telegraph afforded the rapid communication essential to business operations. This business boom triggered a sharp increase in investments in the stocks and bonds market. As businesses prospered, persons eager to share in the profits invested heavily, providing capital needed to for expansion. Banks also contributed to the nation's economic growth by making loans to businesses.
The expansion of industry had a profound effect on American life. As new businesses sprouted in cities metropolitan populations reached unprecedented numbers. During this period many Americans amassed huge fortunes from the business boom, while others lived in extreme poverty. The sharp contrast between the rich and the poor and other features of American life stirred widespread discontent triggering new reform movements. Little was done to regulate businesses...
Business executives formed monopolies in order to wipe out competition and gain complete control of their industries. These monopolies had some favorable effects on the economy, helping make corporations efficient and contributing to economic growth. They also enabled businesses to avoid sharp fluctuations in price and output keeping prices steady.
On the other hand, monopolies gave some business leaders so much power that they could take unfair advantage of others. A business executive with little or no competition could demand goods from suppliers at low cost, while charging high prices for the finished product. The executive could also save money by reducing a product's quality. Measures to aid the poor and control the size and power of big business among other things were introduced as a result.
The United States' role and influence in foreign affairs also began changing during the late 1800's and early 1900's as the country built up its military strength and became…
USA as Policeman of the World THESIS STATEMENT AND OUTLINE FOR A PAPER ON THE HISTORICAL ROOTS OF AMERICAN MILITARY ACTIONS ABROAD, 2009-2014 The industrialization and imperialism that followed the U.S. Civil War would have a permanent effect on American military and foreign policy. Yet the aspect of American policy during the Civil War that has had the most relevance during the past five years of American history is particularly unexpected --
Industrialization, Immigration, Urbanization, And Transportation in United States Post Civil War The process to modernize the American states after the end of the Civil War was one of the most complex events that shape the way in which the history of the United States would evolve in the 20th century. There were several aspects of the history of the States that determined changes influenced by consequences of these events. In this
United States has become preoccupied with the internal affairs at the expense of the foreign affairs after the civil war. It started interfering in overseas conflicts and interacting with the World after the diplomatic inactivity from Latin America and Spain to the China and Philippines. This interaction made the America to become a major World power. The first conflict of America was with the Hawaii in Pacific which was governed by
For example, the Chinese had no need for European foodstuffs but they did want European silver ("Early Global Commodities" 2010). Trade between China and Europe was not as robust as it was between the Arab world and Europe because of the lack of demand in China for European products other than silver. As a result, a diffusion of culture from China to Europe did not take place as did
Globalization has stripped the U.S. Of its stranglehold over manufacturing and forced it to readjust itself into a service oriented industry. As a result, education, training and specialization are more crucial than ever for the attainment of high paying jobs. This leaves the majority of Americans who do not have high educational or vocational training to have fewer opportunities for employment. Competitions from third world nations have stripped away
Because of the newer mobility of a significant amount of suburban America, driving to national parks was even more an option. The more people visited the Parks, it seemed, the more of a synergistic effect upon their funding and use (Jensen and Guthrie, 2006). By the Johnson Administration in the 1960s, coupled with more media attention, there was increased public awareness of America's natural treasures. This was now that "Parks