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Industrial Transformation: Economic Development Between 1865-1900
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The economic transformation is often times viewed as a threat to America’s democracy due to many reasons. The main reason being, to me, that industrialist were becoming grossly wealthy, and they were making breakthrough’s in just about every .... Middle of Term Paper ... the canals had been there for a while, but they did not produce profits to owners like the rails did. During this time period, there were also only two cities in the whole Union that produced over $100,000,000 a year, when at the turn of the century there were individuals that were worth more then that at some point in there life. The first rail roads were not made till 1828, but in 1870, they were making more in a year then there was prior put together almost. Towards the 1850’s the fastest transport to the west was the Pony Express, but in the 1870’s there was the Trans-Continental rail road, and the Southern Pacific Rail Road along w ... |
| Number of Words: 1195 |
Approximate Pages: 5 |
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