Robber Barons In The Gilded Age

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The growth of industry and immigrants marked this time in history of America. The production of iron and steel grows radically and western incomes like lumber, gold, and silver increased the demand for transportation. The boom of the railroad has moved goods from the West to the East. The steal and oil industry produced a lot of wealth for a number of businessmen like John D. Rockefeller and Andrew Carnegie, people known as robber barons. The Gilded Age gets its name from all of the growth in technology.

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The gilded age is, by most, defined as the time period between the end of the civil war and the beginning of WW1. During this time the U.S. economy flourished and the population grew vastly however ,as Mark Twain put it, the gilded age was an era of serious social problems masked by a thin gold gilding. While the wealthy industrialists did have a hand in the economy's growth they were all Robber Barons. There was a lot of political corruption and laws and politicians were being manipulated, children…

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Robber Barons, also known as Captains of Industry, were industrial workers who formed massive monopolistic companies during the Gilded Age 1. Despite their reputation, the robber barons' investments led to the creation of millions of jobs and spurred more economic development during the Gilded Era in the United States. For example, Andrew Carnegie started investing in iron and steel during a time of rapid industrialization. He focused on vertical integration by not only owning the steel mills but…

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