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Globalization and its impact on international business
Globalization and its impact on international business
Globalization and its impact on international business
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During the gold rush, almost everyone traveled to the western coast in hopes of becoming rich for the very same reason. This affected the United States economically because certain regions or areas would produce specific products such as cattle products or dried meat. These products would boost export, and the California trade with other countries or nations by doing that the economy would grow.This would cause different types of people to live in separate areas depending on wealth or trade that the family specified in.
as population grew, less land was available for children (this led to some people wanting t expand out west)
San Francisco would arise into the “importer, the banker, the market” and the “great financial and commercial centre of all the Pacific coasts and countries” (300). Trade opportunities with other countries would be created and an increase in economic success would surface. Although there are many benefits, there are also some major drawbacks with the arrival of the railroad. George says, the state of California has a chance to grow rapidly, however the “aggregated population and wealth of the State will diminish rather than increase” (298). In spite of the new era being greater, richer and more powerful than the California in the past, some major economic transformations would be seen in the state. In the past, California did not have a rich class, nor a poor class. “With the expansion of the railroad, the State will become a better system for some social classes than it was in the past, but it will also be far worse for others.” ( ). People who are rich would become wealthier, while poorer people would have a harder time acquiring wealth. For instance, those who already own land, business, etc., will become richer. While people with their own labor, will become poorer and find it harder
Andrew Carnegie was born into a middle class family, he was born November 25, 1835 in Scotland, and died August 11,1919. When Andrew Carnegie was just a child his country was going through economic problems. The economic problems caused many people to find jobs, and which affected his father. They had to make a decision to move to the united states,he was 12 years when he start to work in a cotton factory as a bobbin boy. When Andrew Carnegie was 14 he became a messenger for the telegraph, he was a such a good messenger that he became Thomas Scott personal secretary, and telegraph in 1855. In document A, you can read about him, when he was young.
The view on the wealthy in the society was different from one person to another and this actually led to publications and criticisms one after another. Actually the discovery of new economic opportunities made United States to be viewed as a land of economic glory and prosperity. This in turn attracted more people from different parts of the world. Ironically, some of the optimistic immigrants got overly involved relentless poverty and had to struggle for cont...
The American West was the land of opportunity for many groups of people from 1865 to 1890. For farmers and ranchers, the American west was a land of opportunity due to low cost of land as a result of the Homestead Act and the a chance for Americans, including immigrants and blacks, to achieve the American dream and make a profit by growing crops such as cotton for the thriving textile industry and raising cattle for the upcoming cattle industry. For the miners, the American West was seen as an opportunity to get rich through the gold and silver rush and was even popular in other parts of the world where immigrants responded to the rush as well; although most were not successful. The America West offered opportunities for Americans, both rich and poor, to establish a new life and achieve economic independence.
The California Gold Rush in 1849 was the catalyst event for the state that earned them a spot in the U.S. union in 1850. This was not the first gold rush in North America; however, it was one of the most important gold rush events. The story of how the gold was discovered and the stories of the 49ers are well known. Men leaving their families in the East and heading West in hopes of striking it rich are the stories that most of us heard about when we learn about the California Gold Rush. Professors and scholars over the last two decades from various fields of study have taken a deeper look into the Gold Rush phenomena. When California joined the Union in 1850 it helped the U.S. expand westward just as most Americans had intended to do. The event of the Gold Rush can be viewed as important because it led to a national railroad. It also provided the correct circumstances for successful entrepreneurship, capitalism, and the development modern industrialization. The event also had a major influence on agriculture, economics, and politics.
However, studies of migration suggest that the rural northwesterners who could not make it during the age of commercialization in the northeast took off west in order to produce enough for their families. Thousands of immigrants from Ireland and Germany flocked to the United States and started trying to reconstruct the yeoman communities that slowly evaporated. The westward expansion faced many challenges in their efforts to settle, firstly was the removal of the Native Americans and then when the land was finally cleared, capitalist speculators were eager to convert the land to commercial development. Part of the land was released for market development and as commercial status rose, farmers were forced to settle and be part of the capitalistic society that was unfolding before
First, the Manifest Destiny included extremely inexpensive land for sale in the west. In some cases it was free since it was government land, and they passed things like the Homestead Act to encourage westward settlements. With so many people taking part in horizontal mobility by moving west, it gave the economy a chance to expand commerce. We would do this by building ports and increasing trade with countries in the Pacific. The economy also got a kick when there were gold or silver rushes in the west.
The Gold Rush was one of the most influential times in California History. During the four years from 1848-1852, 400,000 new people flooded into the state. People from many countries and social classes moved to California, and many of them settled in San Francisco. All this diversity in one place created a very interesting dynamic. California during the Gold Rush, was a place of colliding ideals. The 49ers came from a very structured kind of life to a place where one was free to make up her own rules.
The exploration of the West could have had the greatest economic impact on the United States ever. After the west had now been explored, they realized they had a great deal of land that now had to be settled. The land was so vast and so cheap that it was sold for very low prices and sometimes just given away. This caused a huge surge of people to begin flowing west and sparked westward expansion. People began setting up farms and more and more people had opportunities to make a good living.
Post Civil War, America was looking for new opportunities to become a stronger and more efficient nation. Though reconstruction collapsed, they took the opportunity of the Manifest Destiny to gain the territories of the Louisiana Purchase and the Mexican-American War and settle the west. With this expansion, it provided numerous opportunities for the people to gain success alongside the nation. The gold rush caused an increase in immigration that brought more people to the newly flourishing nation, and allowed the west coast to become settled as well as help the economy from the new wealth. The land that was gained in the Louisiana Purchase provided the Great Plains, where pioneers settled and ranching operations were run. Though it sadly pushed away the native tribes who originally lived there, throughout the gilded age the government has tried to return to them their land and rights – and gives them reparations today. All of which provided a basis to the American dream that gave the opportunity for a better life to many people. Towns and economy was...
After the Revolutionary War, the developing U.S. economy was significantly affected by westward expansion. When settlers migrated west, new land was obtained and made available for farming. Additional land provided increase in production of good that could be sold in the economy. Advanced forms of transportation and improved communications helped spur economic growth and the advance westward.
In 1849, the California Gold Rush attracted the massive people immigrated to gold finding from all over the world. The gold-seekers travelled by the ship boarding in San Francisco port or by feet to leave their hometown and families from west because they believed that they could gain more money and had a better life than their original place. In the early days of California was an unknown place however after the gold-seekers arrived to California growth rapidly with crowded population. Later, the Rocky Mountains establish to be a state which called California. The gold-seekers came over to California because they wanted to achieve their goals for a better life, as they experienced by their hard working and created lots of the potential development in this gold place.
California did not only promise prosperity for those who came searching during the Gold Rush in the 1800s nor did it simply provide security for those who fled the Great Plains to escape the Dust Bowl in the Dirty Thirties, but it offered a fresh start to those who were ambitious enough to arrive decades, centuries after; for ones who craved the California Dream just because they desired more. As Joan Didion, author of memoir Where I Was From, stated, “They did not come west for homes and security, but for adventure and money.” (23).
California started its statehood unlike any other state before or after it succession. California entered the nation as a free state in 1950, during the time of the Gold Rush. From the Gold Rush came the term “California Dream” which is the “psychological motivation to gain fast wealth or fame in a new land” (Manhattan-Institute.org). From the time of the Gold Rush up until recent years, California has been associated with obtaining fast wealth and fame. This encouraged people from all over the world to come to California in hopes of striking it rich, just as people continued to do up until the 90's. The discovery of gold in California in 1848 immensely accelerated certain changes that had been in the making for decades. For instance, California was already filled with different races and cultures, but when the Gold Rush struck, California became an international frontier where people from every continent were joining together. “California also set an important precedent for civil societies with diverse populations” (page 121). By 1850, California was flooded with over 300,000 people seeking gold. The fact that California has always attracted so many different people has created a land filled with many languages, cultures, and social customs. “The arrival and departure of thousan...