The Industrial Revolution

The reason JP Morgan got famous was because he was one of the leaders in the Industrial Revolution, and he made a lot of money. He was a very successful banker. He had gained control of most of the major railroads, and then owned steel companies.He then merged both of them into one corporation. That is how he got famous and made most of his money. I chose JP Morgan because I am very interested in big business.
The industrial revolution took place in the late 1800's and early 1900's. The major Industry leaders were Andrew Carnegie who was the king of steel, John D. Rockefeller who monopolized the oil industry, Cornelius Vanderbilt who was the most powerful railroad tycoon, and he built the Transcontinental Railroad and JP Morgan.All of these men were very rich.
Cornelius Vanderbilt was a railroad tycoon and one of the richest men to ever live. Cornelius Vanderbilt was the son of a poor farmer. First he earned his fortune in steamship lines. Then he turned his attention to railroads. Vanderbilt was obviously very aggressive when it came to his business. In the 1860's he wanted to buy the New York Central Railroad, but the owners wouldn't sell. Because of this Vanderbilt announced that the passengers of the New York Central Railroad could not transfer to his trains. Without their passengers the New York Central Railroad had to give in. After that Vanderbilt had most of his lines between Chicago and Buffalo.By the time he died in 1877 he controlled 4500 miles of railroad connecting NYC and the Great Lakes Region.
Many Americans made a lot of money in the steel industry, but none became richer or more powerful than Andrew Carnegie. As a young boy he went to work in a textile mill. Later when telegraph wires were strung from city to city he became a telephone operator. Once the railroad boom started he was a secretary to an official of the Pennsylvania Railroad.

The industrial revolution

The Industrial Revolution and its Implications
The industrial revolution brought change throughout the world. The world not be nearly the same as it is today if it had not been for the industrial revolution. Society, Industry, Technology, and most everything we see in our daily lives is the way it is because of the industrial revolution. However, I cannot discuss all of these points. Instead I will focus on the changes in social structure, the lives of women, and the lives of the working class and the issues surrounding them.
Personally, I believe that one of the most important changes that came as a result of the industrial revolution was the changes in the structure of society and the class systems. Before the revolution, every man and woman was born into his or her social class. Your position in life was determined solely by you birth and your blood. With the industrial revolution came radical change in this system. Almost immediately, people's own accomplishments and skills began to become the dominant factor in determining a person's position in life. This is thought by many to be a pivotal ideal of the United States. This was the idea that brought so many immigrants to the US in the early to mid 90's. Nowhere is this more apparent than in the lives of women.
The amount of change that occurred as a result of the industrial revolution is not only an example of the changes in social structure, but rather a point in and of itself. Before the industrial revolution the lives of women were very limited. Outside of getting married or joining a convent, women really had no other options. All of this changed with the advent of factory work. Now women were able to go out and earn a living on their own. In fact, the idea of being independent and going into the workplace and meeting new people became quite an attractive option. "Mill Girls" were a prime example of this. "Mill Girls" were women who wo


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