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What the railroads did, in effect, was to weave the
country together into a huge social and economic unit, and eventually into the world's first
mass market.
The Age of the Industrial Capitalist.
The last quarter of the 19th century was the age of the industrial capitalist. The great empire
builders-Carnegie (steel), Du Pont (chemicals), McCormick (farm equipment), Rockfeller (oil),
and Swift (meat packing), among others dominated this era...
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The great empire
builders-Carnegie (steel), Du Pont (chemicals), McCormick (farm equipment), Rockfeller (oil),
and Swift (meat packing), among others dominated this era.
Industrial Development.
By the turn of the century, America had become an industrial economy. Fewer than 4 in 10
people still lived on farms...
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