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What was the economy like in new york in the 1900's?

How were jobs?
before the 20's

Asked By: glockenspeil - 12/19/2010
Best Answer - Chosen by Asker
Business 1900-1904
During and between during this time, many new business opened creating opportunities for financial gain. Eastman Kodak introduced cameras under the Brownie name that were sold for one dollar and films, which was sold for 15 cents a roll.[citation needed] Harvey Samuel Firestone created the Firestone Tire and Rubber Company in 1900, joining the Ford Motor Company in 1906.[citation needed] William Harley, Arthur Davidson, Walter Davidson, and William Davidson, introduced the Harley-Davidson in 1903.[citation needed] By the year 1906, Harley-Davidson produced fifty motorcycles.[citation needed] John D. Rockefeller made money by acquiring oil business by making Standard Oil company one of the most dominant companies in the United States.[citation needed] The oil company controlled 90 percent of oil and had an annual income of 45 million dollars by 1902.[citation needed] Milton Snaveley Hershey began to run a chocolate factory, which it’s products dominated the chocolate and beverage industry and was made possible for middle class people to afford the product.[citation needed] Sylvania Electric Company, The United States Steel Company, American Can Company, Quaker Oats Company, Monsanto Chemical Company all created in 1901.[citation needed] Some other 1902 companies were Philip Morris Corporation, J.C. Penney Company, United States Shipbuilding Company, International Harvester Company, Pepsi-Cola Company were established.[citation needed] John Mitchell Jr, a black publisher and banker founded the Michanic's Savings Band during this year also.[citation needed] Around the year 1903, Henry Ford opened up the Ford Motor Company and the Texaco, Inc also came out.[citation needed] Somewhere in 1904, the Continental Can Company was introduced.[citation needed] All of these big businesses were only a few companies that came out from 1900 through 1904.[citation needed] Many more small and medium companies were flowing between those years but are not known today.[citation needed]

[edit] Business 1905-1909
The 1900’s were full of new and exciting things, between 1905 and 1909 the United States had a lot of businesses beginning and tons of people with business ideas. Many businesses started in these five years. In 1905 Bethlehem Steel, Mead Pulp and Paper, Spiegel Catalog were started. Planters nuts and chocolate Company was first discovered in 1906. People all over the United Sates were inventing new things and starting new businesses, it was almost like a new fad. During 1907 the American Cyanamid Company and Harley-Davidson were brand new businesses. As you can see businesses from the 1900’s have survived into the 2000’s Harley-Davidson is still a very big part of business in the United States today. As is Hershey's Chocolate company and General motors' company which were founded in 1908. In 1909 Mc Graw Hill book company was founded, now in 2009 there are many books that were published from Mc Graw Hill Company. As you can see the 1900’s was a time of business and new ideas everyone was thinking what if, or could it be. People then and even now thrive from the numerous businesses that were founded in the 1900’s. People from then helped us in an amazing way because without their ideas and businesses we wouldn’t have to world we have today.


[edit] Economy 1905–1909
In the years 1905–1909, the United States' economy was in good shape. In 1905, federal spending was at $0.57 billion, unemployment was at 4.3 ?and the cost of a first-class stamp was only $0.02. Americans began to choose urban life over rural. This was a positive for immigrants seeking land to create a farm. People like John D. Rockefeller and Henry Ford are examples of people being born on farms but moving to the city. Rockefeller became the richest man in America. Ford was able to design the "Model T".

A big economic group was the Niagara Movement, started in 1905. It was a civil rights group refusing to be viewed as inferior. The group was created by W.E.B. Dubois and William Monroe. The group's name came from Niagara Falls, the location of the first meeting. Because of its powerful, no strings attached, demand for equal rights, the group stood apart from others. The Niagara Movement attempts included: legal change, addressing the issues of crime, economics, religion, health and education. The group ended in 1908 after a riot broke out, killing eight African Americans. Most of the group's members went on to create the National Association for the Advancement of Colored People (NAACP).
Answered By: gee bee - 12/19/2010
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