American Heritage

"The Gilded Age and the Robber Barons"

Overview

Between the Civil War and the early 1900s, the United States became the premier industrial nation of the world. This was due chiefly to the efforts of a growing number of market entrepreneurs such as Andrew Carnegie, John D. Rockefeller, and Herbert Dow. In contrast, political entrepreneurs—the real robber barons—relied on federal subsidies and government favors to support their businesses.

Lecture

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Readings

Q & A Session

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Burton W. Folsom, Jr. is professor of history at Hillsdale College and holds the Charles F. Kline Chair in History and Management. He earned his B.A. at Indiana University, his M.A. at the University of Nebraska, and his Ph.D. at the University of Pittsburgh.