850L Animations:


Robber Barons of the Gilded Age

In the late 1800s, the United States changed quickly. New factories, railroads, and banks helped the country grow. A small group of business leaders became very rich and powerful during this time. Some of the most famous were John D. Rockefeller in oil, Andrew Carnegie in steel, Cornelius Vanderbilt in railroads, and J. P. Morgan in banking.

Supporters called these men “captains of industry.” They said the business leaders used smart ideas and hard work to build companies that created jobs and new products. Critics, however, used another name: “robber barons.” They believed these men gained their wealth by crushing smaller competitors, cutting wages, and using their power to influence government leaders.

Both views held some truth. The big companies could lower prices and make goods more widely available, but workers often faced long hours, unsafe conditions, and very low pay. Over time, public anger pushed the government to pass new laws against monopolies and unfair business practices. The story of the robber barons shows how big business can bring both growth and conflict—and why rules are needed to protect workers and fair competition.

1. Which statement best summarizes the 850L passage?

2. Why did some people call the business leaders “robber barons”?

3. Which pair correctly matches a business leader with the industry they were known for?

4. What is one problem workers faced in the big companies described in the passage?

5. How did supporters of these business leaders defend them?

6. Why did the government begin to pass new laws during and after this period?

7. What does the passage suggest about big business in the Gilded Age?