Industrialization: Inventions and Philosophies
Industrialization was a major part of American history. It was very effective starting after the Reconstruction and still is today. Many factors helped industrializations become as effective as it was back then. The abundance of inventions and new philosophies are two of these factors.One of the major reasons industrialization was so effective and ineffective at the same time was the abundance of inventions and the effect they had on society. Inventions meant less work and more supply. However, even though that sounds great, it was very detrimental to the supply and demand of the country. Some of the new inventions were products that a consumer only had to buy once in a while, like the refrigerator. They were made so well, that people only had to buy one every twenty or thirty years. This means there was more supply than demand. This was a common trend during this time of industrialization. Many inventions increased the supply and not the demand with it. A good example of this was the assembly line (1 pp. 230-234) The assembly line created more jobs, mostly in the factories. Men, however, expected very high wages; more than the owners could afford for so many workers. So, women and children were asked to work. Th
Inventions were not the only things that came out of industrialization. Many beliefs were established because of it. The Puritan work ethic, for example, stated, "you get what you deserve." If something happened to someone, many Puritans believed they deserved it and God was punishing them. Another belief that was similar to the Puritan work ethic was Calvinism. Calvinists believed in predestination. The thought that it did not matter what someone did, everything they are going to get in life and everything that happens to them is part of some elaborate scheme of God's. Therefore, naturally, Calvinists were always on their best behavior in fear that God might change his mind and likewise change their destiny. On the other hand, Darwinism also sprang up during industrialization. Darwinist coined the term "only the strong survive," and believed it wholeheartedly (5 pp. 501-507). Monopolies were examples of a form of Calvinism. Andrew Carnegie, John D. Rockefeller, and J.P. Morgan are all prime examples of businessmen who ran monopolies. There were three kinds of monopolies in America during this time: vertical, horizontal, and monetary. Carnegie, for example, ran a vertical monopoly in the steel industry. A vertical monopoly involves the merger all the competitors in the same industry. For instance, Carnegie probably owned all the businesses that dealt with processing and selling steel. This way, he does not have any competitors to contend with. In this same sense, Rockefeller had a horizontal monopoly. Thi
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Approximate Word count = 1032
Approximate Pages = 4 (250 words per page double spaced)
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