Industrialization and the Rise of Big Business: America's Transformation into an Economic Superpower
From the period of 1870 to 1900, the United States became one of the world's
strongest and growing industrial nations. An industrial revolution that had begun with the
manufacture of cotton and woolen textiles had, by the beginning of the 20th, transformed
the production of most everyday goods. Ranging from food, clothing, appliances, and
automobiles, the enormous output of industrial production led to the rise of big business
as it coordinated methods of distribution and sales to …
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…the market to itself or to have the government regulate or control it. I
believe that government control won't amount to anything because of all the extra work
needed. If the market was left to itself then corporations may take advantage of certain
elements and monopolies may dominate the market. This best compromise would be for
the government to regulate the market in a way that corporations are forced to do
legitimate and legal business.
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