Title: Andrew Carnegie 's Impact On The Industrial Revolution | Bartleby
Headings: Andrew Carnegie 's Impact On The Industrial Revolution
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Content: Andrew Carnegie 's Impact On The Industrial Revolution | Bartleby
Andrew Carnegie 's Impact On The Industrial Revolution
1703 Words7 Pages
In the movie, The Richest Man in the World, Andrew Carnegie played a major role in influencing the Industrial Revolution, which changed the economy of the US and the world forever. This era brought upon significant changes through economic developments that would not only change the ways of the economy but also the social aspect of society, especially within the cities where this growth was located. The shift from hand-made to machine-made products increased productivity and decreased costs. Through the innovations of the new forms of energy, such as iron, and then steel, establishments of factories began, competition between businessmen arose, and innovations of transportation in the city through railroads and bridges developed. The…show more content…
It also made production easier, faster, and cheaper since workers made an abundant of products within a short amount of time. Mass production in factories was possible because of the invention of machineries, leading to products being made without costing businesses as much money compared to if the products were hand made. Because products were made in factories, this also caused retail prices of the products to decrease while there was always accessibility for the supplies. The establishment of large corporations replaced small businesses, which was good news for the wealthy but bad news for individuals who owned their own small stores. On the other hand, because of the establishment of factories by businessmen, the workers ' lives became hard as they faced unfair working conditions in dirty and small working places. They worked long hours with no break.