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Gilded Age presentation
Transcript of Gilded Age presentation
Unions By: Jonathan Chennakattu, Amir Dhirani, and Andrew Ghandforoush Government Economic Monopolies use unfair business practices
Monopolies made it so that they could charge whatever they wanted on their product. A lot of government officials were corrupted by big businesses.
Senate had no power against trusts.
Government was "Laissez-Faire" which means that government can not get involved with big businesses. John D. Rockefeller had a
monopoly on gas durring the 1880's Andrew Carnegie had
a monopoly on steel
and became the richest
man on earth Cornelius Vanderbilt had a monopoly on railroads This caused a vast gap between rich and poor Gilded Age - Workers needed to live close to their jobs
- Worked 12-14 hrs
- Earned barely enough to live $475- Immigrants
- AFL stressed higher wages, shorter hours
-Childern under 12 years old where working THANKYOU FOR WATCHING