Transportation industry - Essay Example

Comments (0) Cite this document
Usually growth industries contain a great number of growth stocks. I am of the opinion that in United States industrial growth began in the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.7% of users find it useful
Transportation industry
Read TextPreview

Extract of sample "Transportation industry"

Transportation industry due: Part one Industrial growth is a situation where the industry isgrowing in earnings and/or revenue faster than the growth of the overall market. Usually growth industries contain a great number of growth stocks. I am of the opinion that in United States industrial growth began in the states in the early 1800’s, and it steadily continued to and through the civil war. After the civil war, the American industry drastically changed. Hand labor was replaced by machines as the main manufacturing mean increasing the production capacity of industries tremendously (Barden, 2011).
Part two
The groundwork for the industrialization and rapid postwar economic growth of America was laid by civil war, stimulated by state initiatives such as the transcontinental railroad. The South, devastated by war the south shared very little in the economic growth of the United States until World War II. It also brought changes to the economy and society. For instance urbanization mainly because of capitalism, immigration, rises of huge prosperous businesses through trusts, emergence of new technology (Gallagher, 2003).
Industrialization affected different groups of people. The people who were adversely affected include:-
Farmers: Farmers suffered losses; as a result, of industrialization. Agriculture, like other industries, were becoming merchandised and commercial and, as a result, fewer farmers were needed (Gallagher, 2003).
Native Americans: They were all affected by migration incentives. With the construction of Railway forth came the transformation of the west and downfall of the frontier. Eventually the Native American tribes were involuntary forced to relocate.
Immigrants: Industrialization gave the sense of the idea that one nation was better than another nation. United State started laying down immigration laws; as a result, of increased immigration. Examples of immigrants were Chinese and European (Gallagher, 2003).
Women: They were not allowed to take some major job position in the working class within the country (Gallagher, 2003).
Middle and lower class group of workers: The rise of specialized jobs came with invention and production of factory machines. This took jobs of thousands of factory workers across the country (Gallagher, 2003).
Some of ways that industrialization affected Americans during this time include:-
Rise of big businesses: The value of produced goods by American industry amplified between 1870 and 1916.
Advanced production methods: The use of machines in manufacturing spread hence improved throughput of the industries after the civil war (Cobb, 2004).
Development of new products: Both the inventors and business leaders created and sold a variety of new products such as petrol engine car, record player, barbed wire, typewriter among other products (Barden, 2011).
Natural resources: Rich and varied America’s resources played a role in the rise of big business. Forests provided for construction and wooden products (Cobb, 2004).
Distribution and communication: The American railway system in late 1800’s became a nationwide transportation network which made business operations for average working class more efficient (Cobb, 2004).
How the Civil War, Reconstruction, and Industrialization changed after the Civil War shaped America’s history
Freedom to slaves from all over the South, they now found themselves without a system that once had controlled nearly every aspect of their lives. They were integrated in the society (Barden, 2011). There was reduced political and social agreement during the period of Reconstruction, particularly over issues such as who should or should not vote (Confederates, those slaves who served in the war, ex-slaves) (Barden, 2011). After a century, the full benefits of what Reconstruction was trying to address were felt by the citizens due to the Civil Rights Movement (Barden, 2011).
Ways that formal policies of the government have influenced the historical and social development in the United States
Major policies were majorly based on social insurance in that government employed elements of social policy past strict actuarial principles, with more weight on the social competence of benefits as well as fears of strict fairness for participants. Most of the United States laws were based on the past or historical events. Acts were established to equip and empower the security agents in the country (Barden, 2011).
The chief turning points in American history since the Civil War
1. Late 19th century: the industrial revolution
2. 1898 Spanish-American war: This led to the beginning of US internationalism.
3. 1920. Women get rights to vote.
4. 1929. Onset of the great depression was crashed by the stock market.
5. 1941 Pearl Harbor was attacked.
6. 1964 Emergence of civil rights act.
7. 1989 Marked the close of the cold war; US became the sole superpower country (Billington, 1979).
Cobb, J. C. (2004). Industrialization and southern society, 1877-1984. Lexington, Ky: University
Press of Kentucky.
Barden, C. (2011). Slavery, civil war, and reconstruction. Quincy, IL: Mark Twain Media, Inc.
Billington, R. A. (1979). American History after 1865. Totowa (New Jersey: Littlefield, Adams
& Co.
Gallagher, G. E. (2003). The American Civil War. Oxford: Osprey Publ. Read More
Cite this document
  • APA
  • MLA
(“Transportation industry Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Transportation industry Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Transportation Industry Essay Example | Topics and Well Written Essays - 500 Words)
Transportation Industry Essay Example | Topics and Well Written Essays - 500 Words.
“Transportation Industry Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Transportation industry

Economic Impacts of the National Transportation Safety Board on the Airline Industry

...?Economic Impacts of the National Transportation Safety Board on the Airline Industry The National Transportation Safety Board (NTSB) plays a major role in improving the transportation safety measures by researching on the accidents of aircrafts. It determines the causes and the effects of the accidents, as well as the available safety measures. It also recommends the measures to avert the air-borne accidents. It not only emphasized on the accidents which occur during the flights, but also on the accidents which occur during the take-offs or landings of the flights. Safety studies are conducted at the NTSB research center. There were 21 recommendations in between 2006 and...
5 Pages(1250 words)Term Paper

Crude Oil Alternatives and The Future of the Transportation industry (Trucking, Rail and Air)

...?Crude Oil Alternatives and the Future of the Transportation industry (Trucking, Rail and Air) The development of alternative forms of energy has assumed center stage in the global energy market. The eventual depletion of fossil fuels is a scenario that no one can deny (Mann, Gahagan and Gordon). However, the underlying transformation from fossil fuels to alternative energy forms is posing quite some inertia. This can be evidenced by slow growth of the overall alternative energy market when compared to the consistency of the fossil fuel market. Perhaps the largest effected sector and the most visible indicator is the transportation domain. Historically transport has...
3 Pages(750 words)Research Paper

Financial Systems and Auditing

7 Pages(1750 words)Term Paper

Maritime Transportation Industry

...MARITIME TRANSPORTATION INDUSTRY: SUNSET INDUSTRY Submitted by: Submitted Submitted] TABLE OF CONTENTS I.0 INTRODUCTION 3 2.0 PROBLEMS 2.1 High Cost of Delivery due to Ship Damage and Preventive Maintenance 3 2.2 Instability of the Maritime Transport Industry 4 2.3 Restrictive Shipping Practices 5 2.4 Piracy 5 3.0 CONCLUSION 6 1.0 INTRODUCTION According to Roberts (1993), people from different civilizations were lured by the high seas and used ships for both trading and conquest. The maritime industry goes a long way back in 3,200...
4 Pages(1000 words)Essay

International Logistics Road Transportation Industry in Turkey

...International Logistics Road Transportation Industry in Turkey Road transport serves 95% passengers and 90% of freight in Turkey.Transport demand in Turkey has grown significantly over the past five decades. Overall, demand (measured in passenger-kilometre and tonne-kilometre) has grown at an annual rate of nearly 8% since 1950. Demand for road transport has grown at an annual rate of about 7.6% while rail transport demand has grown by about 2%, demand for water transport by 5% and air by over 16% per year. As in most developing countries, road transport is becoming a much more significant mode for both freight and...
4 Pages(1000 words)Essay

Shifts In Maritime Transportation Industry

...Shifts In Maritime Transportation Industry Table of Contents Introduction 1 Cyclic Nature of Maritime Transportation Industry 1-2 Shifts in Maritime Transportation Industry 2 Present Dangers 3 Future Status 3 Conclusion 4 “Notwithstanding all the familiar and unfamiliar dangers of the sea, both travel and traffic by water have always been easier and cheaper than by land” - Mahan A.T. 1890.1 Introduction Ever since man learnt to sail the seven seas, maritime commerce has played an important role in human commercial activities. The words of Alfred Thayer Mahan in the quotation above bring forth a truism, which is relevant even...
5 Pages(1250 words)Case Study

American Consumers and the growing energy crisisThe Effects on Transportation Industry

...Topic: American Consumers and the growing energy crisis--The Effects on Transportation Industry Introduction As the population of the United s of America is increasing, so is the consumption of energy sources, for instance, electricity, fuel and so on. This ever-increasing consumption has led to what we call the energy crisis and the main cause for it is the immigration fueled population growth. Hence supply of energy is way too less than the demand for it. The only result is the mammoth hike in energy prices. If this situation extends, people in America would have to stop engaging in anything that requires energy and, for them that would mean to stop living! Tremendous increase in the price of petrol...
5 Pages(1250 words)Essay

Ethical issues relating to fire investigation

10 Pages(2500 words)Essay

An area of personal interest involving regulations and the air transportation industry

...Regulations and the air transport industry: sharing between airlines due: IntroductionCode sharing is a tool of marketing whereby an airline puts its two letter designator code on a flight run by another airline and put up tickets for sale in the flight as if they were its own. The code sharing could be between international or domestic airlines. The code sharing plans are reviewed by the relevant authorities such as the DOT/FAA/TSA. For example, for the United States and foreign airlines hoping to run code-sharing flights, authorization is given by the department under part 212 of its regulation. The authorization is provided in the form of a statement which is constructed from “public interest” finding...
4 Pages(1000 words)Research Paper

Japans Transportation Industry

...How accurate is the argument that national economic success rests on leadership in systems of production and operations management? BODY (JAPAN V.SUS – compare the production and operation management) Management techniques In the year 2002, Japan’s transportation industry had to motivate their employees in order to improve their production. The management of the country ensures that it provides training to its staff to update their skills. On the other hand, the US managers in most companies are using management by objective, for instance, Coca-Cola Company ensures that it direct the operations of its employees towards the set objectives. Production is another approach that Japan, uses to realize success in its economy... accurate is...
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Transportation industry for FREE!

Contact Us