How did the rise of industrial tycoons like Andrew Carnegie and John D. Rockefeller impact labor practices during the Gilded Age?
Instructor solution
Industrial tycoons like Andrew Carnegie and John D. Rockefeller amassed great wealth and power, often at the expense of their workers. They implemented practices that maximized efficiency and profits, such as vertical and horizontal integration, but these often led to poor working conditions, low wages, and long hours for employees. Their dominance in industries also made it difficult for labor unions to gain traction and improve conditions for workers.
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What was one negative impact of industrial tycoons on labor practices during the Gilded Age?
- A.
Improved labor union strength
- B.
Increased job security for workers
- C.
Poor working conditions and low wages for employees
- D.
Reduced working hours
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