During Early Industrialization, the Main Technologies
There are many factors that play an important role in the rise of the United States as the premier industrial nation. Technological innovations are arguably not what brought dominance over other industrial nations it was the advantages the United States had over these competing nations. These advantages include cheap labor supply, abundant resources, rapidly growing populations, and business and manufacturing innovations, as discussed in the lecture. During early industrialization, major technologies that were implemented were but not limited to, power,…...
ImmigrationIndustrializationInnovationUrbanization
Comparison of Carnegie v. Bloomberg
A captain of industry is defined as a business leader whose means of amassing a personal fortune contributes positively to the country in some way. Andrew Carnegie and Michael Bloomberg, while from different centuries and industries, are both considered to be captains of industry. Andrew Carnegie immigrated to America when he was 13 years old. He worked in factories and for the railroad. He made his fortune by developing a more economical way to make steel. He eventually retired and…...
IndustrializationIndustry
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