[Answered] HIST405N-Week 5 Assignment: Case Study. Option 1: Big Business (Monopolies) and Exploitation of Workers

Required Resources
Read/review the following resources for this activity:

  • Textbook: Chapter 18, 21, 23
  • Lesson
  • Minimum of 3 scholarly sources (in addition to the textbook). The sources associated with each topic selection below can be used as part of the 3 scholarly sources.

Optional Resources to Explore
Feel free to review the library guide for scholarly sources and videos at the following link:

Introduction
The purposes of each case study assignment include the following:

  • To hone your abilities to research using scholarly sources
  • To advance critical thinking and writing skills
  • To compile a response to the prompts provided
  • To explore a historical topic and make connections to change over time

Instructions
Pick one (1) of the following topics. Then, address the corresponding questions/prompts for your selected topic. Use at least one (1) documented example of the corresponding primary source in your writing.

Option 1: Big Business (Monopolies) and Exploitation of Workers
View the following resource:

Browse and read one (1) of the following:

Then, address the following:

  • Explain if big business leaders were “captains of industry,” “shrewd businessmen,” or “robber barons.”
  • Based on one of the resources noted for this option, assess American working conditions and exploitation of workers in the Age of Industry.
  • Analyze the role that government played in reforming American working conditions.
  • Explain the benefits of the Federal Government regulations of monopolies.
  • Analyze which progressive presidents attained economic justice and reform for workers.

Writing Requirements (APA format)

  • Length: 3-4 pages (not including title page or references page)
  • 1-inch margins
  • Double spaced
  • 12-point Times New Roman font
  • Title page
  • References page
  • In-text citations that correspond with your end references

SOLUTION  

Explain if big business leaders were “captains of industry,” “shrewd businessmen,” or “robber barons.”

Major business leaders enabled the restructuring of the economy in the 19th century, leading to people referring to them as Robber Barons and Captains of Industry. The major business leaders were influential and in the Golden Age, the character of the society was established. In their climb to the top, investors were misled by Robber Barons, who acquired enough resources to create more businesses while generating employment opportunities and stimulating economic growth. The big business leaders had a strong appetite for capital and profit was a top priority. The large business leader ensured that goods rates were too low for small companies to match and remain in business, using the control markets to do this (History.com Editors, 2019). After the supremacy, the global transition ensued and the influence of the revolution is still felt to date. It may also be argued that the forms that big business leaders use qualify them to be referred to as Industry Captains and Robber Barons.

Based on one of the resources noted for this option, assess American working conditions and exploitation of workers in the Age of Industry.

The Industry Era was marked by rapid industrialization in which many Americans relocated to the location of factories. In the factories, more staff were needed when positions were available that demanded fewer skills. In the factories, however, the working conditions were very bad.….please click the purchase button below to access the entire at $10