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Industrialism in the Twentieth Century

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Industrial Revolution Summary

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Industrialism in the Twentieth Century

The scale of industrial enterprises in the United States increased during the early years of the twentieth century, making the American workplace very different from that of the preceding century. During the period of the Industrial Revolution known as the Gilded Age (the era of industrialization from the early 1860s to the turn of the century in which a few wealthy individuals gained tremendous power and influence; see Chapter 5), manufacturers in the largest industries, such as steel and oil refining, were pushed aside by enormous new factory complexes sometimes employing fifteen thousand to twenty thousand workers. These new plants produced automobiles, farm machinery, electrical equipment, textiles, and many other goods.

During the twentieth century the nature of manufacturing gradually changed. American consumers had more money to spend and wanted to be able to choose from a variety of products. To remain competitive, corporations had to respond to consumers' desires. Gradually, in the last decades of the century, the heavy industries such as steel and auto manufacturing went into a slow decline, and the U.S. economy passed into a postindustrial era—a time marked by the lessened importance of manufacturing and increased importance of service industries such as food and custodial services, health, finance, recreation, engineering, and computers.

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Industrialism in the Twentieth Century from Development of the Industrial U.S. Reference Library. ©2005-2006 by U•X•L. U•X•L is an imprint of Thomson Gale, a division of Thomson Learning, Inc. All rights reserved.

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