business

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Carnegie even relied very much on the railroads to send his steel; to other parts of the country. It was hard for the entire small or family owned business’s to make any money anymore. Putting your money in stocks and investments was also a smart tactic used by Rockefeller. Big machines took over people’s jobs and that people right into poverty, child labor and poor working conditions also put many people into poverty. Rockefeller’s standard oil company took over all or most of all the other/local oil companies around. Rockefeller also put people out of work by eliminating all the competition.

So you see all the money that Carnegie and Rockefeller made and then putting their money into investments and stocks to make more money, the idea of mass production by use of machines, and pure domination of the competition is what helped make such a dramatic transformation in the United States during the 19th century. This was smart tactic by Rockefeller that is still used today. He basically had pure domination over the competition. Carnegie’s idea of mass production by the use of machines was brilliant and is still a major part in today’s society. He did this by, for example all different products (tissues, cereal, crayons, etc. Well, Rockefeller was that one company.

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Approximate Word count = 313
Approximate Pages = 1 (250 words per page double spaced)

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