The Progressive Er An Age Of Ambition And Brutal Competition

Name: Danielle Benjamin Progressive Essay English 8-, Mr. Del Ferraro Social Studies 8-, Mrs. Crisafulli Date 12/18/14 The Progressive Era was an age of ambition and brutal competition between the people who are to this day credited with building the backbone of the American economic society. Although, even in the early years of industry, getting to the top comes with manipulation especially for the business titans of the time, Andrew Carnegie and John D. Rockefeller. Contrary to popular belief in those days, these men were not honourable business men. Yet, this wasn’t uncovered until reformers finally started exposing the lies buried behind the corporations in 1890 through 1920. The reason most people in Manhattan (the most common place†¦show more content†¦The monopolizing system ran almost every single oil company out of business putting more and more people and their families through poverty. Finally, in 1904 Ida M. Tarbell daughter of Franklin Tarbell (owner of a targeted oil company that Rockefeller eventually ran out of business) wrote â€Å"The History of Standa rd Oil†, this book exploited all of Standard Oil s ruthless business practices. In 1911, the corporation was found to be in violation of the Sherman Act and ordered out of business. Yet this wasn’t the only company in violation of the Anti-Trust Act. Another incredibly powerful monopoly was founded by Carnegie Steel. Originally Carnegie made his way to the top in the Pennsylvania railroad business using keynote iron to make the rails, but then when steel was discovered he immediately invested. In the beginning he invested 11% and within a year owned 50% of the company. What was astonishing about Carnegie was that he grew up with an extremely poor family. In his later years Carnegie says,In my childhood I finally began to learn what poverty meant, it was burnt into my heart then that my father had to beg for work. And then and there came the resolve that I would cure that when I got to be a man. These are touching words coming from a man who without hesitation lowered each salary of hardworking employees, men and children who already had low income as it was. In 1900 Carnegie started buying cheaper steel to be an added competitorShow MoreRelatedStrategic Marketing Management337596 Words   |  1351 PagesAmongst some of the most significant of these changes has been the emergence of what within this book we refer to as ‘the new consumer’ and ‘the new competition’. This new consumer is typically far more demanding, far more discriminating, much less loyal and more willing to complain than in the past, whilst xii P R E FA C E the new competition is frequently far less predictable and often more desperate than previously. At the same time, the marketing environment has also been affected byRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesother words, and despite the technological resources we have available to us, the same basic human skills still lie at the heart of effective human interaction. In fact, human relationships are becoming more important, not less, as the information age unfolds and technologies encroach even more upon our daily lives. Most of us are exposed to more information each day than we can possibly pay attention to. More than 6,000 business books are published each month. Moreover, no mechanism exists to organize