Andrew Carnegie was born in scotland and moved to America. Carnegies family moved to america when industrialism advanced in technology and most people at that time lost their jobs. So when
Carnegie's dad lost his job they moved to Pennsylvania,WA. In Pennsylvania Carnegie got a job as a bobbin boy for a pay of $1.20 a week working day and night. But after a couple months
Carnegie was noticed by a man named Thompson A. Scott. Scott hired Carnegie as his own personal secratary and telegrapher. That didn't last long though becuase the Civil War came around and
Scott was picked to supervise military transportation and Scott went right ahead and chose Carnegie as his right hand-man. So when it comes down to a part of Carnegie's life that pushed
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Carnegie's company was at the top of the "food chain" and it stayed that way for some time becuase Carnegie's steel was at a lower price than his competitors so big companys that were replacing railroads and buildings with steel came to buy that material from Carnegie's company. Carnegie had nothing to worry about with his company going down under and even when a new competitor by the name of J.P.Morgan stepped up Carnegie was not worried but Carnegie had no interest in a long battle since he was a 64 year old man with a wife() and a daughter(). So Carnegie sold his company for $480 million dollars and spent the rest of the time with his family and giving back to the world. Carnegie decided to give back to the world since he wasn't comfortable with having all that money because Carnegie himself was a philanthropist, which is a person who likes to donate money to reasonable cuases, so he used the money towards building 2,500 public libraries and making huge donations towards schools all around the states like New York. The last thing that Carnegie built was the World Court which was first named the "Palace of Peace". This was the last icon we all would know Andrew Carnegie for becuase on the 11th of August 1919 Mr.Carnegie died in
Andrew Carnegie was born November 1835, in Dunfermline, Scotland. He grew up poor and lived in a small cottage attic with his family. In 1848 the carnegie family made the hard decision to immigrate to the United States. Carnegie was locally famous for decoding messages when he was a telegraph operator. He later worked himself up to being one of the most famous men in business during the late 1800’s.
Andrew Carnegie was a self-made millionaire (and in today’s money a billionaire) who rose from the bottom up. In 1835, Andrew Carnegie was born in the attic of a weaver’s cottage, located in Scotland. His schooling took place in a one-room building. Carnegie, along with his family, left Scotland for the United States in 1848 because of the poverty situation. The jobs he had in his early days in the United States include; a bobbin boy, a telegram deliverer, and a railroad job.
Once he left, he dedicated most of his time to the steel industry, later resulting in his business called the Carnegie Steel Company which revolutionized steel production in the U.S. From this he started to build plants around the country, using technology and methods that made it faster and more efficient to manufacture steel. This made him a very wealthy man and he continued this for a few more years. Carnegie used a system of vertical integration to maintain his market dominance. Vertical integration is essentially the merging together of two businesses that are at different stages of production. This is when a company expands its business operations into different steps yet on the same production path; an example would be when a manufacturer owns its supplier and/or distributer.
1). He mainly focused on the development of the steel production in Pittsburg to meet the demands. Carnegie was given credit for innovating a faster and cheaper way of producing steel, eventually becoming one of the biggest steel manufacturers of his time. Carnegie eventually sold his steel manufacturer to J.P. Morgan for $480 million the equivalent $13.7 billion in today’s currency (“Andrew Carnegie: Pioneer. Visionary.
This made him one of the wealthiest men on Earth, of his era. At age 12, Andrew Carnegie could not go to school because of his family’s financial problems. He began working for John Scott as a mailboy. Scott saw Carnegie’s potential and took him under his wing.
He started dedicating most of his time to the steel industry during the next decade. His business changed the way steel was produced and manufactured in the U.S. Carnegie built plants around the country, using different methods and new technology that made producing and manufacturing steel easier and faster. He was the owner of Carnegie Steel Corporation by 1889. It was the largest in the
Andrew Carnegie had opened his own ways to wind up distinctly a prosperous representative. From a youthful age, Carnegie conveyed the weight of supporting himself and his family, while working massively hard. Carnegie was conceived in Dunfermline, Scotland and lived in a little bungalow for the vast majority of his childhood (Document 1). From 1835 to 1848 Carnegie and his group of four, lived in the storage room of the cabin, which was over his dad's weaver's shop (Document 1). In 1897, Carnegie updated his living home office by obtaining the Skibo Castle in Dornoch Firth, Scotland.
Andrew Carnegie was a poor man growing up. He started with a house that cost 20 dollars to rent, and throughout his life, he had to work his way up the social ladder and eventually ended up living in mansions and castles. Carnegie used a business practice he invented called vertical integration, which lowered costs and effectively made better quality products. Carnegie was a well respected boss and provided equal pay for
With workers already receiving low wages per day, Carnegie decides to decrease the wage even more to between $1.12 and $1.80 per day and rarely $4/$8 per day. Finally, Andrew Carnegie was selfish. In Document I, it shows that while iron & steel workers work longer than machine shop workers, machine shop workers received more than iron & steel workers. Andrew Carnegie’s daily wage was about $92,000, meaning he could’ve paid his workers more but refuse to.
Carnegie was not a hero, because a hero does a deed selflessly, but he thought a lot about himself. 184,400,000 dollars was spent on big-name corporations and associations that would honor him by naming a meaningful belonging after him (Doc C). Carnegie was a man who wanted to feed his ego but should have donated money to help the community, not make himself known. Andrew Carnegie was not a true hero. Many may say, going from rags to riches makes Carnegie a hero.
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.
Allegheny Bessemer Steel had came up with new technology that would actually help the railroads, but Carnegie didn’t like the idea of another company being bigger than his so he sent out a fake letter to the railroad companies (Doc H). Later, the Allegheny Steel Company went out of business giving Carnegie power again. In Doc. G an article published by Harold C. Livesay states that Carnegie was indeed competing with other companies. He asked his friend, Frank Doubleday how much money he was making and then suggested he get out of it because it wasn’t a lot.
Captains of Industry or Robber Barons? 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. George Pullman was the third of ten children born to James and Emily Pullman. His family had relocated to Albion, New York, in 1845 so his father could work on the Erie Canal.
Carnegie was considered a Robber Baron for many reasons. For example, he gained huge profits because of his workers low wages. In the excerpt, “Who was Andrew Carnegie,” the author said, “his steel workers were often pushed to long hours and low wages.” Workers worked in harsh conditions and received no benefits causing them to live in poverty with scarce food, clothing, and shelter. Workers were tired of the low wages and decided to go on strike.
The strikers eventually won causing the company to stay closed. Then five days later the governor in Pennsylvania sent soldiers to restore order and re-open the the plant. Two months later the strike was called off, Carnegie was criticized for Fricks actions. Carnegie did a lot to achieve his large empire, he fought competitors and made good business