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The Gilded Age : The Gilded Age

Decent Essays

The Gilded Age was a time where new prosperities and opportunities were forming after the end of the bloody American Civil War. The United States was able to rebuild itself after philanthropists started to help change the country into something superior and steered it away from the dreariness of the last few years. The ultra wealthy entrepreneurs of the time primarily were John D. Rockefeller, Andrew Carnegie, and J. Pierpont Morgan. These men were given the name “captain of industries” coined by Thomas Carlyle in his book, Past and Present, to describe compassionate and important men who made significant impacts on the nation and people of America. The wealthy industrialists of the late 19th century were “captain of industries” because they created new enterprises, they provided jobs for countless citizens, and donated to charitable causes. The industrialists of the late 19th century were “captains of industry” because they created new industries that further flourished the United States and its economy. Railroad tycoons such as “Cornelius Vanderbilt, James J. Hill, and Jay Gould” created the “transcontinental railroad [that] would allow for settlement of the west, new markets for eastern manufacturers, and relief to overcrowded eastern cities” (“Binding the Nation by Rail” 1). The railroad system connected those who are thousands of miles away and allowed goods to reach parts of the United States that it could not previously. As a result, the prices of goods dropped a

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