Get An Economic History of the American Steel Industry PDF

By Robert P. Rogers

ISBN-10: 0203881036

ISBN-13: 9780203881033

ISBN-10: 0415777607

ISBN-13: 9780415777605

This e-book presents a uncomplicated define of the historical past of the yankee metal undefined, a zone of the financial system that has been a major a part of the commercial process. The booklet begins with the 1830's, while the yankee iron and metal resembled the conventional iron generating region that had existed within the outdated global for hundreds of years, and it results in 2001. The manufactured from this undefined, metal, is an alloy of iron and carbon that has turn into the main used steel on the earth. The very measurement of the metal and its place within the smooth economic climate supply it an strange relevance to the commercial, social, and political system.

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Extra info for An Economic History of the American Steel Industry

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Some historians have termed this period, “the Great Transformation” and the “Take-Off” (See Polanyi, 1957 and Rostow, 1971). In this period, the United States became the world’s leading industrial nation. A look at the actual numbers on iron and steel production conveys an idea of the magnitude of these changes. 1, iron production industry grew by 1,580 percent, and steel production increased by 88,000 percent. Steel was transformed from a small sideline of the iron sector into its major product.

Examples of these people were Alexander Holley, Captain William Jones, and John Fritz. Holley worked for several years for the Pneumatic Steel Association and developed a number of innovations that improved the Bessemer process. The major one was the patented removable bottom to the converter. Often, these men took jobs at the new steel companies. Captain Jones became the manager of the Edgar Thomson Works, the main mill of Carnegie Steel, and John Fritz became the chief executive of the Bethlehem Iron Company.

S. shipyards, and second, the United States built a large fleet of commercial ships on the Great Lakes. The Navy business led to the development of an important product – steel plate. Since much of the demand for shipping on the Great Lakes came from the steel industry, here is another example of the growth of the steel industry feeding on itself. 22 An Economic History of the American Steel Industry Agriculture was also a major source of steel demand. There were many new and improved agricultural machines.

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An Economic History of the American Steel Industry by Robert P. Rogers

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Categories: Economic History