Ron Chernow’s book ‘ The House of Morgan‘ explores far beyond the biography of J.P. One name was synonymous with banking in the Gilded Age he was John Pierpont Morgan. From humble roots in England, the House of Morgan grew into a global financial institution that bankrolled industries and foreign governments. Rockefeller, Andrew Carnegie, and Cornelius Vanderbilt when thinking of that Gilded Age, but one personality evolved with the economy and was a critical component of the U.S. The captains of industry who instigated this transformation amassed financial and political fortunes that could give Bill Gates, Jeff Bezos, and other billionaires a run for their equity. The rapid transformation of the economy from a rural agrarian landscape to factories, foundries, and railroads signaled the shift in American life. Students learn about the great robber barons who commanded American industry. The Gilded Age is a staple of middle and high school social studies classes in the United States.
0 Comments
Leave a Reply. |