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Politicians like Boss Tweed and industrial magnates like Andrew Carnegie and John D. Rockefeller both wielded significant power and influence during the Gilded Age, albeit in different realms. They shared a common interest in accumulating wealth and maintaining control over their respective domains—political and economic. Both utilized their influence to manipulate systems to their advantage, with Tweed leveraging political corruption and patronage while Carnegie and Rockefeller employed monopolistic practices. Ultimately, they exemplified how personal ambition and the pursuit of power can shape societal structures, often at the expense of the public good.

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What factors contributed to economic growth of US in the period from 1865 to 1920 aroused the most opposition?

The economic growth of the U.S. from 1865 to 1920 was driven by factors such as industrialization, technological advancements, and an influx of immigrants providing labor. However, this rapid growth also aroused opposition due to rising income inequality, labor exploitation, and poor working conditions. Social movements and labor unions emerged in response to these issues, advocating for workers' rights and better living conditions. Additionally, the concentration of wealth among industrial magnates led to public discontent and calls for regulatory reforms.


What influence did feudalism have on the economic system of Europe during the middle ages?

With the fall of the Roman empire All the different parts of Europe became isolated from each other and the Roman systems of taxation and bureaucracy stopped working. There was no large empire in which gold coinage could easily circulate round. Therefore Europe experienced a significant economic shift. Real estate with peasants, houses and live-stock became the most important property. Counts, and other nobility were drawn more and more into the orbit and interest of the landed magnates of their provinces. The less effective a king's authority became, the more necessary it was for the counts to build up their personal resources and authority in the form of landed property and manorial influence. Royal appointments, were ineffective unless they were backed by the appointee's own power. The appointee had to be the most powerful man and the wealthiest landowner in a district. That's basically how the two are related!


Related Questions

What is industrial magnates?

The industrial magnates were influential people during the early years of Europe. They were typically business people that carried a lot of weight and power.


What was a characteristic of the industrial magnates of the late nineteenth century?

Some of the characteristics not possessed by industrial magnates of the late ninetheenth century were:Giant, sharp teeth.Huge noses. (they had normal sized ones).Long Black tongues.Lettuces for hands.chocolate bars for fingers. (as these would melt easily).Knives for toes. (Ouch!)Cauliflowers for ears. (only Rugby players in the front row have these).They also couldn't talk.


When was the business magnates category made?

The business magnates category was made on July 7, 2011.


Which was not a characteristic of the industrial magnates of the late nineteenth century?

Some of the characteristics not possessed by industrial magnates of the late ninetheenth century were:Giant, sharp teeth.Huge noses. (they had normal sized ones).Long Black tongues.Lettuces for hands.chocolate bars for fingers. (as these would melt easily).Knives for toes. (Ouch!)Cauliflowers for ears. (only rugby players in the front row have these).They also couldn't talk.


How are Rockefeller and vanderbilt similar?

Rockefeller and Vanderbilt were both nineteenth-century industrialists and magnates who built powerful business empires in the United States. They both amassed great wealth through their control of oil and railroad industries, respectively, and were among the richest individuals of their time. Their success transformed American business and industry, shaping the economic landscape of the country.


How as the north after the civil war?

The Civil War propelled the northern industries into the age of the Robber Barons, the magnates of industry. American began its rise as an industrial wold power. Except for an economic crash or two, the North prospered.


How did Industrial revolution change nature of capitalism?

Before the Industrial Revolution, the nature of capitalism was much smaller in scale. A person may have gained wealth through owning shipping companies, or printing presses, or blacksmith shops. Industrialization allowed for mass production, and no longer the need for specialization. The economies of scale also made the post Industrial Revolution magnates far more wealthy.


When people began to protest the powerful trusts of industry magnates?

rawr


Why would the power of cloud energy be suppressed and by who?

oil and the oil magnates


Who were the robber barons and what was the way they looked at their success?

The term "robber barons" refers to a group of wealthy and powerful industrialists and business magnates in the late 19th century United States, such as John D. Rockefeller and Andrew Carnegie. They often viewed their success as a result of personal merit and hard work, promoting the idea of the "American Dream." However, their accumulation of wealth frequently involved exploitative practices, monopolistic behaviors, and minimal regard for labor rights, leading to a mixed legacy of innovation and inequality. Ultimately, they justified their actions by claiming they contributed to economic growth and progress, despite the social costs.


How do you make a sentence with magnate?

All the magnates were invited to the royal wedding of the town.


When people began to protest the industry of magnates congress passed the?

Sherman antitrust act