AQA A-level History essay plan for the 1K Making of a Superpower Breadth study: USA . Useful economy theme on Unit 2 (Populism, Progressivism and Imperialism)
Essay plan to help with exam technique- A* achieved with this essay style
“Big business, not big government, was the reason for the dynamic growth of the American economy in the years 1890 to 1918”
Plan: Point 1: Big business Big business yes: Point 2: Big government thus less Yes ‘big government’ i.e. helped Conclusion:
Without a doubt big corporations drove growth, steel and important: little impact, mostly laissez- agriculture i.e. farm loan acts etc.
business was a profound Carnegie, oil wells and Rockefeller. faire, i.e. didn’t help with strikes, 1890 Allowed big ag i.e. cotton biggest
reason for the dynamic
growth and ‘Second Achieved take off. Helped west with McKinley tariff ‘small government’ and export still. But ag small part of
Industrial Revolution’ of the connections to railroads repealed Sherman silver purchase act. economy and boom more so due to
USA from 1890 to 1917, for Further seen during war with world demands and general market
they drove the expansion of underwriting loans J.P Morgan. prosperity following 1900. Also
the abundance of natural
resources in industrial
Big business drove growth of the weakness of gov seen in 1907
growth as well as employed economy in this period due to: where their little regulation of banks
much of the labour force and failure of gold reserves needed
and facilitated exports to -Growth of natural resources which jp morgan and financers- inability to
the world through allowed economy to achieve take off- curb power of financers
increasing
interconnectedness of 90% 1895-1900 and 1908-1913
world economies. While big another 77% surge in exports.
government may have a -Facilitated by rise in steel exports i.e
slight impact in facilitating discovery of high grade iron ore in
growth within agricultural
sectors, it remained mostly
Minessota, Messabe range of hills in
laissez faire and in fact the 1892 led to by 1907, 75% of it bought
‘small government’ and up by US Steel, the business
minimal government consolidated empire and trust
interventionist stance was -Similar doing’s with oil and
what facilitated growth
along with big business in Rockefeller controlling rise of
this time period. expansions
-Businesses so powerful that by 1900,
Big government thus 4% biggest companies controlled 54%
less important : little of the US industry and since the rapid
impact, mostly laissez industrialisation of America drove
faire, ie didn’t help growth this shows extent to which big
with strikes, 1890 business and not big government
mckinley tariff ‘small drove dynamic growth
government’ and -Also the impact of Eastern financial
repealed Sherman hubs allowed Western coasts like San
silver purchase act. Fransisco and New Orloans
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