Free Essay

America Forever Changing

In:

Submitted By mslegaleagle33
Words 342
Pages 2
When the Civil War ended, the United States began a period of tremendous growth. One of the largest financial contributors to both the Civil War and continued expansion of the railroad was Jay Cooke and Company, which was a large banking company. This period of rapid growth could not be sustained and in 1873 there was a general panic followed by a three year depression. The fall out from this period was a catalyst for people to move further west to attempt to start over. The population of urban America grew from 6 million in 1860 to 42 million in 1910. With this growth came an influx of industry into cities. Politics began impacting many facets of American life. The growth of the country was spiraling into what seemed to be a never ending upward spin. This growth came crashing to a halt in 1929 with the beginning of what was to become known as The Great Depression. The depression ended when the United States entered World War II.
The year was 1873. The banking house of Jay Cooke and Company has been financing the construction of the railroad after contributing heavily to the Civil War expenses. Jay Cooke and Company found itself over-extended and declared bankruptcy on September 8, 1873. The United States entered a three year depression and it is estimated that more than 10,000 businesses failed. The problems that led to this day included a declining market and overproduction. The New York Stock Exchange was forced to close its doors for ten days. Railroad construction was halted which resulted in some railroads defaulting on their loans. One of the consequences of this panic was an increase in the number of people who moved westward to find a new and better life.
The Panic of 1873 and the resulting depression were followed by an upswing in the industrial growth of the United States. Immigration was on the rise which led to an increase in the number of people who lived in cities. Industries were growing and there...

Similar Documents

Free Essay

Forever 21

...INTRODUCTION Forever 21 is an American chain of fashion retailers with its headquarters in Los Angeles and sales of $3.7 billion in 2013. Forever 21 began as a 900 square foot store in Los Angeles in 1984, and has grown to sell their clothing lines Forever 21, XXI Forever, Love 21, and Heritage in over 600 stores in the Americas, Asia, the Middle East, and the UK. More than 60% of its apparel is manufactured in China and the average store size is 38,000 square feet. According to Adrienne Tennant, an analyst at Wedbush Morgan Securities, and Andrea Chang of the Los Angeles Times, Forever 21 is known for its trendy offerings and its economical pricing. The company sells clothing, accessories, and beauty products for women, men, and girls. The company has been involved in various controversies, ranging from labor practice issues and copyright infraction accusations to religion. HISTORY Forever 21 founders Do “Don” Won Chang and his wife Jin Sook Chang emigrated from South Korea to the United States in 1981.The luxurious cars of those in the retail industry influenced Don to enter the garment industry and so Fashion 21, later renamed Forever 21, was established. Don is the Chief Executive Officer and Jin Sook the Chief Merchandising Officer, with a combined net worth of $5 billion. As of September 2013, the couple ranked 264 in Forbes’ World’s Billionaires list and 90 amongst America’s wealthiest. Their two daughters joined the business in 2009, Linda leading the Marketing...

Words: 1986 - Pages: 8

Premium Essay

How Did Ww2 Affect America

...carried on by force of arms, as between nations or between parties within a nation,” (dictionary.com). America was introduced into this war by a vicious attack on a harbor, it evolved into changing the American people's life but it made America stronger. This is World War II. The war didn’t only affect Europe and Asia it also affected America. The country wouldn’t be where it is today without this war. Wars are never good, but they can be necessary. They can be necessary for what people believe in and what the people want which is what America is all about. So how did America get involved in this war? It happened December 7, 1941. Pearl Harbor. “There were a total of 2,335 military personnel killed, including 2,008 navy personnel,...

Words: 844 - Pages: 4

Premium Essay

Columbian Exchange Argumentative Essay

...The Columbian Exchange is defined as “the transatlantic flow of goods and people that began with Columbus’s voyages in 1492” (Foner A-58). I, however, believe that definition is an oversimplification of such an important time period that would forever influence the course of the world and begin the age of globalization. The Columbian Exchange would have massive cultural, economic, and biological impacts so profound that they reach every corner of the globe today. The Columbian Exchange altered “millions of years of evolution” due to the introduction of foreign species of plants and animals. Colonists, explorers, and treasure seekers alike unknowingly threw the biological world into a state of chaos. There was a beneficial exchange of crops...

Words: 636 - Pages: 3

Premium Essay

Argumentative Essay: The USAd Iraq War

...country have lost their lives in combat or battling mental disorders caused by deployment overseas. Not only have they lost their lives, they have involuntarily left many loved ones behind. As a cost of serving, many have acquired mental illnesses and are forced to live with appalling memories of their past. Countless service members have been traumatically injured, changing their lives forever. In addition, the U.S. and Iraq war has greatly increased the catastrophic debt America is already in. The U.S. and Iraq war should not have happened because it caused more impairment than support. America’s debt is escalating at an alarming rate and needless to say, when the U.S. attacked Iraq, a plethora of money was added. In 2003, America was in $6.8 trillion dollars of debt and by 2011, America had $14.8 trillion dollars of debt (Amadeo 2018). Over eight years, during which a war...

Words: 761 - Pages: 4

Free Essay

Mapping the Modern

...Humanity is forever changing, growing and transforming, and so is the concept of modernism. It was only in the latter half of the nineteenth century, namely, when society first witnessed or gave theory to this multifaceted change. Multifaceted because it effected a diverse range of innovative and experimental practices in the visual arts, literature, design and architecture. New genres and styles were being invented and combined to push preconceived ideas and traditions. As society started to accept these changes, the world saw a rapid growth in urbanisation and industrialisation. In fact Wallace. J, wrote ‘ in examine the spaces of modernism, the city is an almost obligatory starting point’ (2011). The many new technologies that were were being invented during the early 20th Century increased the development and manufacturing of cities sevenfold. Changing cities meant changing cultures. People were living like never before. The modern city was a exceptional space for its facilitation of new forms of culture. After the second world war, the art world witnessed the styles and creative practices of European culture shift to America. American modernism like modernism in most areas of the world is a trend of thought that humans have the power to create, shape and improve their environment. Foster, .R did state ‘What distinguishes American modernism is the unifying theme of a conscious search for identity” (2003). Meaning artists and architectures searched for what it meant to...

Words: 985 - Pages: 4

Premium Essay

John F. Kennedy Quotes Essay

...The Inspiration of One Man “Our problems are man-made; therefore, they may be solved by man. No problem of human destiny is beyond human beings.” This is one of the most independent sayings I have heard by John F. Kennedy, the 35th president of the United States. Although, John may not be around today, is famous quotes and speeches are still changing the lives of others. His sayings provide great advice for anyone; along with many others like Einstein, Franklin, and Roosevelt. One of the most motivated, and educated sayings is, “Let us think of education as the means of developing our greatest abilities, because in each of us there is a private hope and dream which, fulfilled, can be translated into benefit for everyone and greater strength for our nation” (Kennedy, John). To explain, this expression means if you try hard enough at succeeding your goal, it will come true and many benefits will come from it. If you take this advice, one day you shall too reach higher and touch the stars. So, when you’re struggling in school, or even at work look to this for inspiration and hope. Another great one of JFK’s is, “So, let us not be blind to our differences - but let us also direct attention to our common interests and to the means by which those differences can be resolved” (Kennedy, John). At a time of war people tend to fight over ridiculous matters, like each other’s differences, but with common interest you can settle those matters to forgive and become friends, is what this...

Words: 403 - Pages: 2

Premium Essay

John F. Kennedy Quotes Essay

...The Inspiration of One Man “Our problems are man-made; therefore, they may be solved by man. No problem of human destiny is beyond human beings.” This is one of the most independent sayings I have heard by John F. Kennedy, the 35th president of the United States. Although, John may not be around today, is famous quotes and speeches are still changing the lives of others. His sayings provide great advice for anyone; along with many others like Einstein, Franklin, and Roosevelt. One of the most motivated, and educated sayings is, “Let us think of education as the means of developing our greatest abilities, because in each of us there is a private hope and dream which, fulfilled, can be translated into benefit for everyone and greater strength for our nation” (Kennedy, John). To explain, this expression means if you try hard enough at succeeding your goal, it will come true and many benefits will come from it. If you take this advice, one day you shall too reach higher and touch the stars. So, when you’re struggling in school, or even at work look to this for inspiration and hope. Another great one of JFK’s is, “So, let us not be blind to our differences - but let us also direct attention to our common interests and to the means by which those differences can be resolved” (Kennedy, John). At a time of war people tend to fight over ridiculous matters, like each other’s differences, but with common interest you can settle those matters to forgive and become friends, is what this...

Words: 403 - Pages: 2

Free Essay

Film History

...1. What do you think were some of the major changes that came to the film industry in the 1950s and 1960s? What forced these changes? During the 1950’s and 60’s there were so many changes that occurred which transformed the film industry forever. After World War II, soldiers came home and began to have families. People began moving to the suburbs, away from urban centers. The baby boomers began to be born and a whole new generation was formed. Studio control of when and where movies were viewed began to slip away from the moguls. The whole American movie audience after the war had changed. People liked to see a more common man, and they also began to like darker films. Television was also at first a major issue that the moguls were battling. They thought that no one would want to sit at home and watch such a tiny screen. However, they were proved wrong. The movies had also always been driven by the stars, and now it seemed independence was becoming popular. Censorship began to become lenient and many more movies with sex began to sell. Hollywood was completely changing as the founding generation was beginning to fade away. 2. The Hollywood studio system worked tireless to support the American war effort during World War II. Exactly what did they do? During World War II moguls and movies stars worked hard to support the American war effort. They could be seen waving the American flag on movie screens and raising money. Many stars even decided to fight...

Words: 796 - Pages: 4

Premium Essay

Meat Without Guilt of Ethics

...Meat without Guilt of Ethics Jessica Paxton Devry University America today has developed a unique relationship with meat. They love meat because it is part of everyday life, but they have guilt about the process the meat has been thru to get to them. Meat in America goes through slaughterhouses that have been called into question more and more. Slaughterhouses stop many people from eating meat because of guilt, but changing the process by; first reevaluating the ethical treatment the animals go through, secondly meat needs to not have a sense of guilt come with it, then change the assembly line process when killing the animals, and finally reverting back to hunting animals for just what we need. First, slaughterhouses need to be reevaluated for the ethical treatment of how the animals are killed. There are rules that they slaughterhouses are supposed to abide by both ethical and legal. However, there are many situations where those rules are being broken, but nothing is really being done about it. There was one instance where PETA came in and found that one slaughterhouse was treating the animals with cruelty when they investigated. http://www.peta.org/features/Agriprocessors.aspx http://www.environmentalgraffiti.com/news-slaughterhouse-cruelity-humane-death-myth In this specific case it shows how animals are inhumanely stored to be slaughtered. These companies plead guilty to 10 counts of animal cruelty after the investigation was over. They had been killing animals...

Words: 1461 - Pages: 6

Premium Essay

Hoover Dbq

...In 1933, on the 4th of March, Franklin Delano Roosevelt became the 32nd president of the United States. Roosevelt won the election against Herbert Hoover, the previous president, by a landslide. Because of Hoover’s failure to help the US during the Great Depression, the people disliked him. Though FDR was chosen due to process of elimination, he proved he could successfully lead the US. Roosevelt is known for serving the longest time as president, helping the US overcome the largest recession in history, connecting with the citizens of the US, and leading America close to the end of World War II. FDR left his precious country’s side and died during his fourth term as president. His death shocked the nation and he was unable to see his prized...

Words: 1180 - Pages: 5

Premium Essay

My Vision For America

...My vision for America is that America will change a lot. America has changed a lot since the last 100 years. Wars have been fought, discoveries have been made and new inventions were thought of. As long as people disagree there will always be wars to fight, and as long as people are learning there will always be new discoveries and new inventions. Those are my reasons why America will change a lot. In the last 100 years there have been many wars like World War 1, 2, Vietnam War, Korean War, Desert Storm and the War of Afghanistan. Those have all changed America a lot. Also many of our soldiers are fighting right now and that is probably going to go down in history. Plus since there is going to be a new president next year he will have different...

Words: 385 - Pages: 2

Premium Essay

What Are The Three Periods Of North American Culture

...Indians, West Africans, and Europeans came together in North America setting in motion the process in which America would become an independent nation. Life in North America can be divided into three periods: Paleo-Indians, the Archaic, and the pre-Columbian. The first peoples to settle were Paleo-Indians. It is believed they came to America to find food. During the Archaic Era the peoples of America began to grow crops. This allowed them to settle in areas and not have the need to always follow herd animals for food. Population growth was a result this era. Since there were to many peoples in a given area, some left the whole and started new tribes. Tribes that settled near waters caught fish to trade with tribes that tracked and caught animals....

Words: 307 - Pages: 2

Premium Essay

James Watt: Perfecter of the Steam Engine

...James Watt: Perfecter of the Steam Engine The world we live in today is is fast paced, competitive, and ever evolving. Being accustomed to such a rapidly changing and highly inventive society can make it very difficult to imagine the way people lived centuries ago. Before the Industrial Revolution, most everything was done by hand, required a great deal of time and effort, and was terribly expensive. During the eighteenth and nineteenth centuries, intuitive thinkers would invent and perfect machines, tools, and devices, forever changing the ways of the world. In the following paragraphs, James Watt and his steam engine will be discussed in detail, along with their enormous influence in modernizing the world's industries, trade, transportation, and economy. James Watt was born in Scotland in 1736, and died in 1819. His life spanned many of the years in the most dynamic period in the history of the world. Watt also lived in the United Kingdom, which, at the time, was the most rapidly evolving country on earth. Contrary to popular belief, James Watt did not invent the steam engine. In The Scientific Monthly, authors accurately portray Watt as, "a scientist rather than inventor" (Ambrosius and Reed 272). People had been using steam for power several centuries before Watt's time, but "English military engineer and inventor, Thomas Savery, [was] the first to create a specific device to harness and channel the power of steam" (Ambrosius and Reed 272). It was Savery who...

Words: 861 - Pages: 4

Premium Essay

Business

...organisation (P5) and Compare the challenges to selected business activities within a selected organisation, in two different economic environments (M2) In this task I will be looking at two contracting economic environments on business activities within a selected business, the business which I will be looking into is Ipeco, which is engaged in the design, development, manufacture and test of niche products for the aerospace and defense industries. Ipeco main headquarters is based in England (Southend-On-Sea) and they also have businesses in the United States of America. The economic environment is the totality of economic factors, such as employment, income, inflation, interest rates, productivity, and wealth, that influence the buying behavior of consumers and institutions. The economic environment is forever changing and sometimes this can be for good or bad. Stability in the economy is forever changing again for good and bad and it all depends on if we have changed are buying habits, if we spend more we will have a strong and stable economy and it’s the opposite for a bad and unstable economy, if people spend less and save more the economy will begin to full because the money is not being spent. Economic growth is the opposite to recession, economic growth is the period of time in where more goods and are being produced by producers and consumers, and incomes are rising. Recession is when there is a decrease in growth and this can be because of two reasons, the...

Words: 694 - Pages: 3

Premium Essay

Research Paper On Religion In America

...Historically, Christianity has been largely practiced in America. Christianity, and branches thereof, has been the leading religion in America။in terms of numbers. Although this is still true in modern day, as America becomes an increasingly diverse country, a myriad of different religions are brought into our culture. In respect to this, is America a Christian nation? As America continues to develop as one of the most diverse, advanced countries in the world, religious presence and affiliation develops as well. Definitively, America is not strictly a Christian nation. First off, America was not founded upon Christian values; also, the government has established clear lines between itself and religion; and there has always been much religious diversity in the country....

Words: 1167 - Pages: 5