In the midst of the period, social movements were spurred in order to counteract businesses. Big corporations such as Standard Oil and the Carnegie Steel Company devoured smaller competitions and built themselves into a monopoly through trusts, horizontal and vertical integration. The working and laboring class often suffered under these monopolies as they faced wage cuts, detrimental environment conditions and job displacements. Situations only became worse as managerial tactics invented by Henry Ford’s Fordism, and Frederick Winslow Taylor’s Taylorism which both claimed to maximize productivity. These “scientific management”, monopolies and trusts brought a lot of distressed to laborers. As for the rural areas, farmers also were hurt in this age, paralleled to the industrial workers; they formed their movement against businesses as well. Farmers were mainly troubled from crop-lien system and were cheated by merchants, and so together they formed the Farmers’ Alliance, later known as the Populists. Although the People’s Party ended, the Socialist Party and Democratic Party came to replace
In the midst of the period, social movements were spurred in order to counteract businesses. Big corporations such as Standard Oil and the Carnegie Steel Company devoured smaller competitions and built themselves into a monopoly through trusts, horizontal and vertical integration. The working and laboring class often suffered under these monopolies as they faced wage cuts, detrimental environment conditions and job displacements. Situations only became worse as managerial tactics invented by Henry Ford’s Fordism, and Frederick Winslow Taylor’s Taylorism which both claimed to maximize productivity. These “scientific management”, monopolies and trusts brought a lot of distressed to laborers. As for the rural areas, farmers also were hurt in this age, paralleled to the industrial workers; they formed their movement against businesses as well. Farmers were mainly troubled from crop-lien system and were cheated by merchants, and so together they formed the Farmers’ Alliance, later known as the Populists. Although the People’s Party ended, the Socialist Party and Democratic Party came to replace