When he turned 14 he took short visits to a ranch in San Joaquin Valley, California where his uncle worked as a foreman to make money and bring back for his family by pulling weeds every two months. As a teenager Quinones-Hinojosa always thought he would be an elementary school teacher because of his excellent grades at teacher-training college however he was assigned in a remote, rural area; only that politically-connected affluent kids got good jobs in the city. His salary was barely anything to survive.
First of all, John D. Rockefeller, born July 8,1839, was the richest man in the world when he was alive. In fact he is still considered the richest man in the world even after having died. His wealth well surpassed any business man in today’s times and even surpassed any king or queen to have ever existed. (Gladwell) Many things accounted for Rockefeller’s wealth. After his family moved to Cleveland, Ohio when he was 14 he started working doing small jobs.
Morgan, Rockefeller, and Carnegie all had their times when they acted like robber barons but the things they did as Captains of Industry over power what they did wrong which shows they did more good than bad. For example Carnegie donated more than $350 million to further public education, and build over 2,500 libraries. He did have times when he had his workers work long hours with little pay but his good, overpowered his bad. Another example was made by Rockefeller, in 1913, The Rockefeller Foundation was officially established and Rockefeller transferred $235,000,000 to it by 1929. He donated his money and proved he was a captain of industry.
Moreover, once these men reach the pinnacle of the corporate world, each one decides it is time to start giving back to their fellow man. Now, I found this baffling considering everyone at the time sees Rockefeller and Carnegie as robber barons. Additionally, when comparing Rockefeller’s and Carnegie’s philanthropy actions to today’s modern market, you do not see business owners contributing to society to the same magnitude as Rockefeller and Carnegie.
He achieved his goal, he had a truck, a “furnished apartment” and enough money for himself. He finished 4 months early before his actual date. He had a big job opportunity to work for Fast Company still but back in his hometown Raleigh and he took it. He got to write a book about his journey and he also got interviewed and now his story is all over the world. Mccandless outcome wasn 't all that pretty.
Another 155,000 boys and girls from relief families were paid ten to twenty-five dollars a month for part-time work that included job training (Williams, 1937). Overall, the NYA helped over 4.5 million American youths find jobs, receive vocational training, and afford higher standards of education (Williams, 1937). More significantly, it provided the means necessary for this "struggling generation" to overcome the economic adversity that threatened to overrun the country (Williams, 1937).
When a man named Andrew Carnegie, a lucky refugee among the “25 million” (McNee, Immigration) immigrants coming from the European countries to the United States in hope for liberty and jobs, he then later became one of the richest man in the world and revolutionized the American’s industry by invested all his fortunes into the steel industry. Because of his idea of “hard-driving” (McNee, Industrialism) way of labor, Carnegie doesn’t want to replace his old equipment at the steel mills for a new one; instead, he drives the equipment to produce until it exploded as it will reduce costs and is more efficient. Trades and businesses were blooming because of the “Great merger movement” (McNee, Industrialism). When a group of “Investment bankers, like J.P. Morgan & CO.” (Brandeis, 7) had direct access to large sum of people’ money through insurance companies, has joined together; for many investors “lacks the ability, the facilities” (Brandeis, 9) to invest on their own, they need advice from investment bankers. Investment bankers controlled which companies are being invested in which then allowed them to “became the directing power in railroads, public service, and industrial companies”
Eastman and Morgan and Carnegie are all Captain of Industry. They are Captain of Industry by being a good leader. Morgan was a good leader by “Created the world’s 1st billion dollar corporation : U.S. Steel Corporation”. Carnegie was a good leader by “ In 1899, Carnegie joined several of his business interests by forming the Cargerie Steel industry.”. Eastman was a good leader by he set up a"Wage Dividend" – an innovation for its time – in which each employee benefited above his or her wages in proportion to the yearly dividend on the company stock.”
1. The steel tycoon who grew up in a one-room weaver’s cottage: Andrew Carnegie This American industrialist, the founder of Carnegie Steel – a company that produced more steel than all of Great Britain at one point – was born to a poor handloom weaver in Scotland. He grew up in poverty, living in a one-room house, often sleeping to “forget the misery of hunger”. To fight starvation, his family migrated to the US. His first job was at age 13 as a bobbin boy, changing spools of thread in a cotton mill 12 hours a day, 6 days a week in a Pittsburgh cotton factory.
Unfortunately, James and his company were not able to defeat E.H. Harriman 's Union Pacific Railway so he allied with J.P Morgan, a financier from Hartford, Connecticut, which added the Northern Pacific and the Chicago, Burlington and Quincy Railroads to his empire. Hill grew his empire into a booming, capitalistic dream and with all of his company’s power and rivalry caused a stock market scare in 1901. Gatsby had a dream much like Hill’s, he shot for one main goal and that was to obtain the most precious thing in his lifetime through any means necessary and that meant that he too, had to build his own version of an empire in which he did, very successfully. James J. Hill might not have built his empire to win over the heart of a long-lost lover but he did strive for a main goal, success. In doing this, he resembles
Andrew Carnegie was a famous industrialist. When Carnegie was 13, he and his family moved to the United States from Scotland. They came to the United States very poor. Carnegie started as a bobbin boy at the age of 13, changing spools of thread in a cotton mill 12 hours a day, for 6 days a week. He was paid a low wage of $1.20 per week.
In not just the steel industry, the factory workers of the age were working to the exclusive benefit of the prime benefactor for the company. Painter writes “Thanks to efficient management and the scope of operations, Carnegie’s industrial empire made more than $40,000,000 in profits per year in the early 1890’s.” and that “When the contract between the amalgamated Association and the Homestead mill expired in June 1892, Carnegie was at his castle in Scotland and offered Frick a free hand.” (111-112) This passage suggests both that the industry was supremely profitable, but that a large part of the profits were going towards the industry’s prime benefactor, Andrew Carnegie. Clearly, the industry was a cruel and unforgiving business, one that need change, reform and correction if the nation was to
Andrew Carnegie was born on November 25, 1835 in Dunfermline, United Kingdom. Growing up, Carnegie’s family believed in the importance of learning and books. However, Carnegie had very little proper schooling. At the age of thirteen, Carnegie and his family moved to the United States of America and settled in Pennsylvania. He soon got a job working in a factory earning only $1.20 a week.
Deere was also the first commercially successful entrepreneur in the plow business. Before his plow it took 96hours and six oxen to plow an acre of land. Once his plow was introduced it cut that time down to 1.5-2 acres per day. As America’s population grew, demand in food grew too. Deere’s plow helped America’s agriculture meet that need by cutting that time to plow an acre of field in half.