The rise of big business during the 1880's was an incredible decade for the industries and for the decade's people. Big business was about making big movements or big transactions and with this things occurring the rise of the petroleum industry came, along with the steel industry next to it. Some people that were popular during this era were John D. Rockefeller and Andrew Carnegie. Many movements were started, but one in particular that stood out the most was the "unions" made by industry workers.

          One of the most important events that started during the decade was the rise of the petroleum industry and after followed by the steel industry. Those two industries were part of the so-called "second industrial revolution." One company that made it big was "Standard Oil," which was established in 1870 by John D. Rockefeller. The company grew so big it destroyed most of its competition in less than two months. Later on Standard Oil moved to New York in 1890.

         A person that was well recognized during the era was a man named John D. Rockefeller. Rockefeller was the founder of Standard Oil, and was also the first U.S billionaire. He monopolized the petroleum industry by gaining control of every other little oil companies. He was also a person that practiced philanthropy, which is the act of donating money, goods or effort to support a charitable cause. He would donate or "give back" to his church and also to some educational and public health causes. He retired in the late 1890's and he died in May 23, 1937.

         An important movement of the 1880's was the start of the workers' unions. The unions consisted of large numbers of workers. This unions were formed for workers' benefits and such things as workplace safety and policies. Also the founding of the "Standard Oil Trust," which was founded in 1882 by Rockefeller and his lawyers to centralize thir business holdings. The company's business practices created intense controversy because of Monopoly charges. Later the firm was attacked by a union of journalists and politicians, then in 1911, Standard Oil was brocken down into 34 new companies.

           Big business was considered the second industrial revolution beacause of the great industrial movements. It was also refferd as the "Guilded Age" because of all the profitable businesses started. Rockefeller and Carnegie became instant billionaires because of their foundations, and when retired they all became philathropists. They donated most of their earnings to educational institutions and public places. The 1880's was a decade of grate profits and people.

Standard Oil, Britanica.com

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