Zack Spira 10/16/14
Study Skills Mr.Allison
In the late 1800s not too many business owners became wealthy and took control of industries. Andrew Carnegie's parents were poor immigrants from Scotland and began to work their way up to be business leaders. Carnegie built the largest steel company and created a monopoly. He used his fortune to donate to charities and became the greatest philanthropist of all time. Despite his humble beginnings, Andrew Carnegie built the largest steel company and became a well known philanthropist.
Andrew Carnegie was an American immigrant. Andrew was born on November 25, 1835 in the small town of Donfermline Scotland. (McGill 1). His father, William was a successful weaver who moved
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In 1873 he began to build The Edgar Thomson Steel Works factory. When the factory opened Andrew traveled to all railroad owners convincing them to buy his steel. On September 1st 1875 The Edgar Thomson Steel Works factory produced two thousand rails for the Pennsylvania Railroad alone (DE Capua 2). Andrews Employs hated him because of harsh conditions and low pay, he supported the eighteen hour work day and didn't pay his employs a lot because he did not want them to waste the money on drugs and alcohol (McGill 3). On the one year anniversary of the factory it produced 21,674 of steel making the Edgar Thomson Steel Works factory the worlds largest modern steel mill ever. Andrew Carnegie was now the "King Of Steel" (DE Capua 29). When Andrew was called away to Europe Hennery Frick was in charge and under Fricks command there was the homestead strike and Carnegie was considered an
Because of an economic stumble, Andrew Carnegie, a prominent businessman who was the head of the steel industry, had his company adversely affected. The price of steel-rolled products declined from $35 to $22 in early 1892. Henry H. Frick, a manager of the Homestead steel plant, which was largely owned by Carnegie, worked to combat the economic hiccup by cutting wages and attempting to end the Amalgamated Association of Iron and Steel Workers, one of the largest labor unions in the country. Once the union’s contract expired, Carnegie encouraged Frick’s efforts and instructed Frick to close the plant and wait for the workers to concede. Carnegie believed that the workers would end their union in order to hold on to their jobs.
Name of Industrialist: Andrew Carnegie (Steel Company) How did he acquire his wealth? Carnegie frequently recognized as one of the wealthiest person ever. He made big bucks from oil business. He also led the growth of the American steel company in the late 19th century.
Andrew Carnegie was a Scottish industrialist who led the expansion of the steel industry back in the 19th century and is known as one of the richest men. One reason that Andrew Carnegie
Was Andrew Carnegie a Hero? Andrew Carnegie was a successful businessman. He was born in Scotland. In 1848, His family moved to the United States. When he was 24, he became a supervisor of the railroad company.
Andrew Carnegie gave a large amount of his money to people all around the world, so he was more on the side of ¨earn and give.¨ He was charitable to the community, contributed to society, and built libraries around the world. Andrew Carnegie was very charitable to the community. For instance, he gave 360 million dollars to charities all around the world. Carnegie helped peopleś education by building universities accessible to all people during the ¨Great Depression.¨ During the late 1800s many people got sick and were injured, so Carnegie built a system of hospitals.
Andrew Carnegie, a Scottish was an immigrant who grew up poor who later became symbolic and widely known as the "American Dream" and one of the richest men in the country. Andrew started very young making money. Provided he had very little formal education, Carnegie grew up in a family that believed in the importance of knowledge, learning and reading books. Carnegie made his living and became so wealthy by being a Industrialist, businessman, entrepreneur and major philanthropist. His main source that lead to his wealth was his successful Carnegie Steel Company, which in the 1890's was the largest and most profitable industrial enterprise in the world.
Andrew Carnegie, a Scottish immigrant, industrialist, and philanthropist, amassed one of the largest fortunes in history, and revolutionized the American steel industry. Carnegie incorporated the Bessemer Process to manufacture steel while, utilizing vertical integration, and monopolization to establish his position in the global steel market. However, to create his steel empire Carnegie mistreated his workers, by providing them low salaries and long hours. Some say that Carnegie’s maltreatment of workers diminished his accomplishments, but his achievements in the steel industry and his philanthropism place him as one of the most successful Americans in history. Andrew Carnegie, was born November 25, 1835 in Dunfermline, Scotland, son of
“No Man of business drew more attention that the king of steel, Andrew Carnegie” (Background Essay). Andrew Carnegie grew up in Dunfermline, Scotland and immigrated along with his family to the United States in the 1800s. He worked his way up from being a poor immigrant to working with people such as Rockefellers and JP Morgan. He became one the most famous industrialist who led the expansion of the steel industry.
The late nineteenth century was a pivotal moment in American history. During this time, the Industrial Revolution transformed the nation, railroads had dissipated all throughout the country, and economic classes began to form, separating the wealthy from the poor. One of the wealthiest men of this generation was Andrew Carnegie, a Scottish immigrant who fled to America to make millions off the railroad, oil and even steel businesses. Carnegie is considered one of the richest men in history, and even with all that wealth he decided to give back to the community. As a matter of fact, Carnegie donated most of his funds to charities, universities and libraries in his last few years.
During the late 19th century, there was a growth in industrialization. This brought new opportunities for the poor and the rich. For example, Carnegie helped build the steel industry in Pittsburgh Pennsylvania, which made him one of the richest man in the world. As Carnegie gained more wealth, he questioned who money should be given to. Carnegie was both a Robber Baron and a Captain of Industry.
Andrew Carnegie was one of the most famous and wealthiest American industrialist during the Industrial Age. He was a robber baron who made a fortune in the steel industry and applied vertical integration to his business. Carnegie contradicted his views as a robber baron because he supported, but destroyed many unions. This made many of his views unethical.
Andrew Carnegie wa a scottish immigrant who came to the United States at age 9. Carnegie was a messenger boy and worked as a bobbin boy in a factory. Andrew also worked as the assistant to Thomas Scott, one of the railroads top officials. He buys a company and builds a sleeping car on a train. Andrew earned most of his fortune in the steel industry.
Andrew Carnegie: The Ultimate Robber Baron Four hundred and seventy-five million dollars. This is the overwhelmingly large amount of money Andrew Carnegie acquired during his lifetime. Though not privileged as a boy, he worked his way up the ladder, achieving more than anyone could have ever imagined. Unfortunately, many people were exploited on his way to the top.
Andrew Carnegie was born in a small town of dunfermline, Scotland. He grew up in a average family. Andrew was a very hard worker because at the age of 12 he got his first job as a bobbin boy and he made $1.20 a week. After only a couple months after he moved to the country he saw himself moving up in the world. He got a job at the factory shortly after his first job and the factory paid him nearly double what he made before.
Andrew Carnegie Once, there was a man to have the largest personal fortune in the world. He helped improve mankind by donating millions of his fortune to charity. This mastermind was named Andrew Carnegie, an industrial monopolizer who used steel to gain his massive fortune. Andrew Carnegie was born November 25, 1835 in Dunfermline, Scotland.