Big Business and Industrialization in Essay

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This initial influx of labor gave the New Immigrants an opportunity to earn a wage and survive economically in the urban centers of the country. As the majority of these new yet rapidly growing businesses were located in major urban areas, the opportunity they provided New Immigrants of earning a steady paycheck drew them from the more impoverished areas of the world. In conjunction with this development, the exponential growth of these businesses began to create the need for middle managers, upper management and staffs to support the CEOs and founders. Based on this division of labor the middle class of the U.S. was beginning to take shape.

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The rise of Big Business was directly tied to the productivity of each of these specific groups of workers, with many becoming consumers for the mass-manufactured products being produced in the nation's factories. In conclusion, this period of American history illustrates how when a series of strong, external factors are present, exponential economic growth can occur. Its effect on the New Immigrants, new middle and upper class were one of duality; America became known as an economic power in the world for….....

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