American Busniess in the Gilded age

A detailed Summary of American Busniess in the Gilded age

American businessmen will ultimately accept such demands as the eight hour day and forty hour week, not because they were forced to do so, but because it was good for business.

I agree with this statement 100%. During the first years of the 20th century, the companies had total control over their workers. Take the coal mining industry for example. It started the workers off young, often around the age of 8! This made sure that for the rest of their life, they'd never know anything other than mining, therefore keeping them down. The people who grew up in the mining community were downtrodden, and kept that way. Sure, they were afforded "luxury's", such as housing and free heat (a monthly supply of coal). This may seem great on the surface, until you realized th

at the housing was often poorly built, and often just a shanty town set up to pacify the cry's of the employees. The coal was often the stuff left over after the good coal was sold to industry. Sometimes it was nothing more than rock. But this is what they worked for. This is what these people were forced to, most of the time for their whole life. But then something happened. The factories that the coal companies sold their product too started to close. Why, you may ask? BECAUSE EVERYONE WAS TO POOR TO BUY ANYTHING FROM THEM! This got the bosses thinking. If they don't work the people so hard, they wont be so tired that they may go shopping. And if they pay the people more, so that way they get compensated for fact that their working less hours, they'll have that money t

Some common words found in the essay are:
POOR BUY, , Bibliography American, 20th century, day 40 week, 8 day 40, 8 day, 40 week, day 40,

Approximate Word count = 521
Approximate Pages = 2 (250 words per page double spaced)

Category: Politics

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