...This episode is mainly about Cornelius Vanderbilt. Who is a very wealthy businessman in this time period. Vanderbilt changes the game for business he makes a impact on American History by setting a standard for businessmen that is held even today. It starts directly after the war when the country is at a real low it states in the beginning of the clip that, “the country was bruised and battered from the war.” The railroad is the booming business at this time and is helping shape the new upcoming economy. Cornelis at this time has the largest railroad. In the film however Cornelis is faced with some tough competition fast as John D. Rockefeller's affiliation with the oil industry rapidly grows. The oil industry quickly grows and Cornelis as well as others see the bountiful...
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...How important was the impact of mass immigration into the US for the expansion of the American economy in the years 1890 to 1920? [24 marks] Immigration means the action of coming to live permanently in a foreign country. There were 9 million foreign born Americans in 1890. Mass immigration was quite important however other factors such as the development of big business also had a great effect on the American economy. Many of the immigrants were lured to America by the dream of improving their lives. The growing US economy could offer jobs to the immigrants; many had employment within hours of arriving on American soil. Many immigrants moved to the USA to escape discrimination at home. The Immigrants did cheap labour which meant that the businesses were paying out less money for leading them to gain more profit which led to an increase in the economy. Businesses benefited by immigrants because it led to a growth in the market as there was more people to buy the goods which again led to an increase in the American economy. An addition of this is urbanisation which increased the construction in the US. The result of the massive emigration worried many Americans. They argued that immigrants from southern and eastern Europe did not embrace American culture. They also brought with them ‘radical and dangerous’ political ideas such as communism. Many feared that the immigrants would take their jobs and would work for lower wages. Others argued that they would overwhelm local population...
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...Civil War, a wave of industrialization introduced new economic trends to America; the growth of railroads allowed for expanding markets and easy transportation, and the use of steel, electricity, and other resources created a foundation that was able to foster a Second Industrial Revolution. The different regions of America were affected in various ways: specifically, this new industrial period and trend of market expansion impacted the Northeast/Midwest and the South both differently and similarly. Between 1865 and 1900, the Northeast/Midwest regions became purely industrial, establishing a hub for great wealth and industry in America, whereas the South, which undoubtedly also had moments of industrial prosperity, experienced a more...
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...Barons?” How did they work to concentrate wealth and reform capitalism? How could they be called “Robber Barons” by many, and “Captains of Industry,” by a few? In what ways were they both? Throughout history there have been very important men who have had a big impact on our industries. Without these men we would not have some of the greatest industries we have today. Men like Cornelius Vanderbilt, John Rockefeller, J.P. Morgan and Andrew Carnegie. These men were some of the richest men in their times, they each were very successful business men. Cornelius Vanderbilt made his fortune off of steam ships and railroads. John Rockefeller controlled the oil companies. J.P. Morgan was a successful banker and investor whose company J.P. Morgan & co is still around today. Andrew Carnegie took over the steel industry making him one of the richest men in the world when he died. (Zinn Ch 10 & 11) All these men were successful and could be called Captains of Industry but at the same time were also known as Robber Barons. In this essay I will be giving a brief history of each of those men and in what industry he made his fortune. I will also explain how each one had different aspects of their life that made people think of them as Robber Barons. Finally I will talk about how they can be considered to be both Robber Barons and Captains of Industry. The dictionary has two definitions for a Robber Baron. The first is “an American capitalist of the latter part of the 19th century who...
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...so many where still attached to, and focus on the theoretical idea “a better way of life”. The Industrial Revolution was sold to the American people with the false since that if you work hard you will acquire wealth. This lie to the populace was met with a flood of American and immigrant workers that swarmed to the workforce for low wages and unhealthy work environments. Imbedding this idea into the American workforce the Industrial Revolution spawned business power houses like Carnegie, Huntington, Ford, and Rockefeller. The Industrial Revolution also bestowed on us the corrupt business and political practices that shaped the laws and regulations that are practiced today. The Industrial Revolution saw itself spawn from three industries that led the way railroads, steel, and petroleum. The railroad was perhaps the most predictable development after the Civil War. With the expansion to the west and the rebuilding of the south the raid road structure for the United States jumped from 30,000 miles of track to over 250,000...
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...CHAPTER The Industrial Age 17 Learning Outcomes After reading this chapter, you should be able to do the following: LO 1 Describe and discuss the development of the Industrial Revolution in America after the Civil War, concentrating on the major industries and their leaders. LO 2 Explain why the late 1800s in America have sometimes been called the “Age of Innovation.” LO 3 Describe how America’s regional and local markets merged into one truly national market, and how this influenced the consumer demand for products and services. 9781133438212, HIST2, Volume 2, Kevin M. Schultz - © Cengage Learning. All rights reserved. No distribution allowed without express authorization “ The world that had consisted of small farms, artisans’ workshops, and small factories transformed into a full-scale industrial society. ” The Art Archive / Culver Pictures As the process of ensuring political, economic, and social rights of African Americans waned during the 1870s, most Americans turned their attenNo invention had more lasting impact than the incandestion to another transformacent light bulb. tion brought on by the Civil Strongly Disagree Strongly Agree War: the Industrial Revolution. 1 2 3 4 5 6 7 During the half-century between 1865 and 1915, the United States evolved from a relative economic backwater to become the most powerful economy in the world. Industrialization played a key role in the nation’s advances, and both the Civil War and a core group...
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...ExxonMobil is an American oil and gas corporation and a direct descendant of John D. Rockefeller's Standard Oil Company (Wikipedia.org). It was formed in November 1999 by the merger of two companies Exxon and Mobil. ExxonMobil is involved in oil and gas exploration, production, transportation and marketing in more than 200 countries and territories. Some of the major lines of business ExxonMobil is operating in is they manufacture basic petrochemicals, such as olefins, aromatics, and polyethylene and polypropylene plastics (Fundinguiverse.com). ExxonMobil supplies refined products and services to more than 40,000 service stations operating under the brand names Exxon, Mobil, and Esso (Fundingunivers.com). These products and services include fuels, lubricants, stores & marts, service stations and travel services (ExxonMobil.com). ExxonMobil has many employees and most of them are employed internationally. At the end of the year 2007, ExxonMobil’s worldwide workforce numbered nearly 81,000 employees. 37 percent were located within the United States and 63 percent internationally (ExxonMobil.com). Our team chose to do ExxonMobil because we were interested in the price of gas, and why it has kept going up. We wanted to find out how much revenue gas companies where making, and the cause of the increasing gas prices. Since ExxonMobil is the world's largest publicly traded international oil and gas company, we chose to do them. As we did our strategic analysis about them, we found...
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...Industry Analysis Oil Company Table of Contents I. Introduction and Background 3 II. Dominant Economic Characteristics 4 Market Size 4 Scope of Competitive Rivalry 5 Market Growth Rate 5 Numbers of Companies in the Industry 6 Customers 7 Degree of Vertical Integration 8 Easy of Entry/Exit 9 Technology/Innovation 9 Product Characteristics 10 Scale Economies 10 Experience Curve Effects 11 Capacity Utilization 11 Industry Profitability 11 III. Six Forces of Competition 11 Force 1: Buyer Bargaining Power 12 Force 2: The Threat of Substitutes 12 Force 3: Supplier Power 12 Force 4: Rivalry among Existing Firms 12 Force 5: The Threat of Entry 13 Force 6: Relative Power of Other Stakeholders 13 IV. Competitive Position of Major Companies and Competitor Analysis 14 Royal Dutch Shell 15 ExxonMobil 17 British Petroleum 19 Chevron 20 Total 22 ConocoPhillips 24 V. Key Success Factors 26 Oil Demand 26 Prices 26 Technological Advancements 27 Maintaining Partnerships 27 Industry Matrix 28 VI. Industry Prospects and Overall Attractiveness 28 Trends 28 Potential Threats 29 VII. Conclusion 29 References 31 I. Introduction and Background What is crude oil? Crude oil is a dark, sticky liquid which, scientifically speaking, is classified as a hydrocarbon. This means crude oil is a compound containing carbon and hydrogen, with or without non metallic elements such as oxygen and sulfur...
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...of fossil fuels as the primary energy source by our global economy: regardless of the proven adverse impacts, from our reliance on these nonrenewable resources; and in consideration of the circumstances regarding the existence of viable alternative sources of energy, given the application of equivalent technologies applied to their systems of conversion. The focus of this paper is not to identify evidence of the negative impacts realized because of fossil fuel use, in order to prove these problems are in fact produced. Confirmation has been granted through several other research projects, in regards to those problems and aspects included within the scope of this research project. As for those problems or related aspects excluded in the scope of this project, debate does exists; along with there being variations present in the range of impacts believed to be associated with fossil fuel use. That is, the limits of my research were configured according to the impacts that are evident regardless of opposing viewpoints and variations in perspective. The study will not include research that supports that viable alternative, renewable energy sources are available either. This would be redundant as well considering the practical applications in use throughout the world, diverting any debate that may exist to the alternative sources in theory. Specifically, the three main impacts that define the environmental issue of my focus include: the economic and social instability that exists...
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...Chapter 17 The Industrial Revolution Learning Outcomes After reading this chapter, you should be able to do the following: 17-1 Describe and discuss the development of the Industrial Revolution in America after the Civil War, concentrating on the major industries and their leaders. 17-2 Describe how America’s regional and local markets merged into one truly national market and how this influenced the consumer demand for products and services, as well as some of the costs associated with the transition. 17-3 Discuss the functioning of national, state, and local politics during the late 1800s. 17-4 Describe the formation of the early labor unions in the United States, including their goals, activities, and situations at the end of the nineteenth century. 290 C h apt e r 15 The Continued Move West “ The world that had consisted of small farms, artisans’ workshops, and small factories transformed into a full-scale industrial society. ” As the process of ensuring political, economic, and social rights of African Americans waned during the 1870s, most Americans turned their attenNo invention had more lasting impact than the incandestion to another transformation cent light bulb. brought on by the Civil War: the Strongly Disagree Strongly Agree Industrial Revolution. During 1 2 3 4 5 6 7 the half-century between 1865 and 1915, the United States evolved from a relative...
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...OIL COMPANY CRISIS Managing Structure, Profitability, and Growth Nick Antill and Robert Arnott Oil Company Crisis Managing structure, profitability and growth NICK ANTILL and ROBERT ARNOTT SP 15 Oxford Institute for Energy Studies 2002 The contents of this paper are the authors’ sole responsibility. They do not necessarily represent the views of the Oxford Institute for Energy Studies or any of its Members. Copyright © 2003 Oxford Institute for Energy Studies (Registered Charity, No. 286084) All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior permission of the Oxford Institute for Energy Studies. This publication is sold subject to the condition that it shall not, by way of trade or otherwise, be lent, resold, hired out, or otherwise circulated without the publisher’s consent in any form of binding or cover other than that in which it is published and without similar conditions including this condition being imposed on the subsequent purchaser. ISBN 1-901795-27-6 Cover designed by Clare Hofmann Typeset by Philip Armstrong, Sheffield Printed by Biddles, Guildford CONTENTS List of Figures Acknowledgements 1 2 INTRODUCTION INDUSTRY STRUCTURE 2.1 An Examination of Corporate Structure 2.2 The Urge to Integrate 2.3 A Question of Balance 2.4 Just how Operationally Integrated? 2.5 Are there...
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...Bloodlines of Illuminati by: Fritz Springmeier, 1995 Introduction: I am pleased & honored to present this book to those in the world who love the truth. This is a book for lovers of the Truth. This is a book for those who are already familiar with my past writings. An Illuminati Grand Master once said that the world is a stage and we are all actors. Of course this was not an original thought, but it certainly is a way of describing the Illuminati view of how the world works. The people of the world are an audience to which the Illuminati entertain with propaganda. Just one of the thousands of recent examples of this type of acting done for the public was President Bill Clinton’s 1995 State of the Union address. The speech was designed to push all of the warm fuzzy buttons of his listening audience that he could. All the green lights for acceptance were systematically pushed by the President’s speech with the help of a controlled congressional audience. The truth on the other hand doesn’t always tickle the ear and warm the ego of its listeners. The light of truth in this book will be too bright for some people who will want to return to the safe comfort of their darkness. I am not a conspiracy theorist. I deal with real facts, not theory. Some of the people I write about, I have met. Some of the people I expose are alive and very dangerous. The darkness has never liked the light. Yet, many of the secrets of the Illuminati are locked up tightly simply because secrecy is a way...
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...2009 REPORT TO CONGRESS of the U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION ONE HUNDRED ELEVENTH CONGRESS FIRST SESSION NOVEMBER 2009 Printed for the use of the U.S.-China Economic and Security Review Commission Available via the World Wide Web: http://www.uscc.gov dkrause on GSDDPC29 with K1 VerDate Nov 24 2008 08:23 Nov 10, 2009 Jkt 052771 PO 00000 Frm 00003 Fmt 6012 Sfmt 6602 M:\USCC\2009\52771.XXX APPS06 PsN: 52771 M:\USCC\USChina.eps Report Documentation Page Form Approved OMB No. 0704-0188 Public reporting burden for the collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, to Washington Headquarters Services, Directorate for Information Operations and Reports, 1215 Jefferson Davis Highway, Suite 1204, Arlington VA 22202-4302. Respondents should be aware that notwithstanding any other provision of law, no person shall be subject to a penalty for failing to comply with a collection of information if it does not display a currently valid OMB control number. 1. REPORT DATE 3. DATES COVERED 2. REPORT TYPE 01 NOV 2009 4. TITLE AND SUBTITLE 00-00-2009 to 00-00-2009 ...
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...Happen? 2. Poppy’s Secret 3. Viva Zapata 4. Where Was Poppy? 5. Oswald’s Friend 6. The Hit 7. After Camelot 8. Wings for W. 9. The Nixonian Bushes 10. Downing Nixon, Part I: The Setup 11. Downing Nixon, Part II: The Execution 12. In from the Cold 13. Poppy’s Proxy and the Saudis 14. Poppy’s Web 15. The Handoff 16. The Quacking Duck 17. Playing Hardball 18. Meet the Help 19. The Conversion 20. The Skeleton in W.’s Closet 21. Shock and . . . Oil? 22. Deflection for Reelection 23. Domestic Disturbance 24. Conclusion Afterword Author’s Note Acknowledgments Notes Foreword When a governor or any state official seeks elective national office, his (or her) reputation and what the country knows about the candidate’s background is initially determined by the work of local and regional media. Generally, those journalists do a competent job of reporting on the prospect’s record. In the case of Governor George W. Bush, Texas reporters had written numerous stories about his failed businesses in the oil patch, the dubious land grab and questionable funding behind a new stadium for Bush’s baseball team, the Texas Rangers, and his various political contradictions and hypocrisies while serving in Austin. I was one of those Texas journalists. I spent about a decade trying to find accurate information on Bush’s record in the Texas National Guard. My curiosity had been prompted by his failure to adequately answer a question I had asked him as a panelist in a...
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...Español | Français | Русский | USINFO > Publications An Outline of the U.S. Economy Related Item USA Economy in Brief CONTENTS Continuity and Change This volume was prepared for the U.S. Department of State by Christopher Conte, a former editor and reporter for the Wall Street Journal, with Albert R. Karr, a former Wall Street Journal reporter. It updates several previous editions that had been issued by the U.S. Information Agency beginning in 1981. How the U.S. Economy Works The U.S. Economy: A Brief History Small Business and the Corporation Stocks, Commodities, and Markets The Role of the Government in the Economy Monetary and Fiscal Policy American Agriculture: Its Changing Significance (Posted February 2001) Labor in America: The Worker's Role Other Language Versions: Foreign Trade and Global Economic Policies Afterword: Beyond Economics Glossary Executive Editor: George Clack | Editor: Kathleen E. Hug | Art Director: Barbara Long Illustrations: Lisa Manning | Internet Editor: Barbara Long This site is produced and maintained by the U.S. Department of State's Bureau of International Information Programs. Links to other internet sites should not be construed as an endorsement of the views contained therein. Home | About USINFO | Site Index | Webmaster | Privacy Topics | Regions | Resource Tools | Products | | Continuity and Change How the U.S. Economy Works The U.S. Economy: A Brief History Small...
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