Andrew Carnegie And The Steel Industry Essay

Andrew Carnegie's steel empire started in eighteen seventy and ended in nine teen o seven because He sold it for millions of dollars, and it made him one of the most successful men then. when he entered the steel business he became a dominate force to other companies and people, and later sold it for four hundred eighty million dollars, making him one of the most successful men then had the most successful philanthropist too. Andrew Carnegie expanded railroad investments and found the steel empire. He was a very successful man in the industry.

John D. Rockefeller was called a robber baron because many people believed he used unethical business practices to amass his extraordinary wealth. One of the most known was his practice of demanding rebates from railroads. Because Standard Oil shipped such large amounts of oil by rail, Rockefeller insisted that the railroads offer him rebates, or a discounted rate. This policy gave Standard

During the Industrial Revolution big businesses took places of small workshops, increasing to quantity but not quality. This made many people lose their jobs, and now there was only one place to work the factories. Ahead of these factories were big business owners, some born into money others worked their way up to it like Andrew Carnegie. Work at these factories became unsafe and the pay was bad, they could only blame one person and that was the owners. People of this time saw these business owners as either villain or hero, witch side of the scale do Andrew Carnegie falls on?

Leaders in the industry are always based off of two sections, one being a Robber Baron and the other a Captain of Industry. John D. Rockefeller and Sam Walton can both display traits from one of these two categories. Although they both play different roles in the industry, both Rockefeller and Walton have contributed to the economic and political stance of the industry today, making noticeable contributions, whether or not they had made a positive impact on their community and to the future practices of industrialism.

“The best philanthropy” he wrote, is constantly in search of finalities- a search for a cause an attempt to cure evils at their source” - John D. Rockefeller

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.

After the Civil War, the Second Industrial Revolution was established due to America’s rapid growth for industry and economics. Capitalists during the industrial period of 1875-1900’s were either accused of being a robber baron or a captain of industry. Some capitalists leaders who were accused of being a robber baron or captain of industry included J.P. Morgan, Andrew Carnegie, Andrew W. Mellon, and John D. Rockefeller. A robber baron is a business leader who gets rich through cruel and scandalous business practices. The captains of industry is a business leader who wants to better the companies in a way that it would be positively contributing to the country. The most accurate characterization for the time period of 1875-1900’s were both

In the gilded age of 1890’s and the early twentieth century. Four men had a negative and positive impact on the twenty-first century. John D. Rockefeller, Andrew Carnegie, J.P Morgan, and Cornelius vanderbilt were called robber barons. Robber barons were people who took over the economy by doing anything possible to take over. They did things like monopolizing railroads, banking industry , oil, and steel industries.

Mr. George Pullman was considered one of the worst robber barons of the 19th century. He manipulated his workers to do everything for him and strived for success.

Andrew Carnegie was one of the wealthy men in America and was very charitable, he impacted the United States with his steel to transform cities. During these economic and social problems generated by industrialization, he responded by providing money to fund charities. Institutions, school, pensions,

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.

In the Progressive Era, there were many problems that the American people faced. America was broken, unjust, and cruel during that era. The people became acocomuomed to the corruption, horrible living conditions,and terrible working and safety conditions. The vast number of problems; however, were solved by what we call-- muckrakers, who then with the help of others came to bring about a new laws.

John Davison Rockefeller Sr. once stated “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success” (John D. Rockefeller Quotes). John D. Rockefeller was the founder of Standard Oil in which then became one of the wealthiest men in the world. Rockefellers ongoing funding as a philanthropist and trust in oil is how the man's name still lives on to this day (The Rockefeller Archive Center). For thousands of years oil has been a main resource for human consumption, and remains the same. Rockefeller has made an impact on the industrial revolution by changing and monopolizing the oil industry to bigger and better ideas. His funding to major organizations and schools, and motivation towards younger generations to push forward with his

Andrew Carnegie was considered a captain of industry and a robber baron in my opinion. Carnegie was born on November 25, 1835 in Scotland. He was born in an attic of the family’s business in a weavers cottage. He was born in a very poor family. His family couldn’t afford for him to go to school, so he taught himself all the things he had to know with a little help of his family. Him and his family moved to the United States and settled close to some family members in Pittsburgh because there were lack of the business in Scotland. His family ended $7.50 extra for bills so he got his first job in a tactile industry as a worker, and earned $1.20 a week. At the age of 16 he was famous for being able to decode a dot-dot-dash, not that many people in the world are able to do that. At

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. He believed that if the wealthy don't give back some of their profits to the community, they are living a dishonorable life, and although I didn't necessarily agree with this radical viewpoint at first, I now am a firm believer in Carnegie's argument about wealth.