Contributions Of Andrew Carnegie
Andrew Carnegie was a very influential person in the mid-1800s. He was one of the captains of industry of that time. He made one of the most famous bridges in America, the St. Louis Bridge, that stretched across the Mississippi River. He had a major mentor who helped him to become the man that he was, Tom Scott. Carnegie began constructing the St. Louis Bridge in February of 1868. He was not sure on how to build it because they needed to have room for steamboats to go underneath, yet it had to be long enough and strong enough for trains to cross it. He had an inventive idea one day to build it out of steel instead of wood, which was one of the ideas that would influence how people build bridges and buildings forever. The bridge was then strong enough to have an elephant walk across it, convincing everyone that it was a strong bridge. …show more content…
Tom Scott was one of the major railroad manufacturers in the 1800s. Andrew Carnegie was Tom Scott’s assistant when he was young. Scott grew fond of Carnegie and made him his personal assistant. This is how Carnegie’s skyrocketing business started. As he grew older, he was very helpful to Tom Scott’s business in the railroads, which is why Tom Scott was helpful towards Carnegie’s business as it first began. One day, because of John D. Rockefeller, Tom Scott’s business ended; this happened after the St.Louis Bridge was built. Carnegie had started his steel business from the idea he had when he built the
Captains Of Industry In The Tycoons By Charles R. Morris
1721 Words | 7 PagesOnce 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.
What Extent Was Andrew Carnegie A Robber Baron Or A Captain Of Industry
455 Words | 2 PagesAndrew 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
How Did Andrew Carnegie Contribute To Wealth
1053 Words | 5 PagesHe was one of the first economists to change the way the economy was run. Born on November 25, 1835, Andrew Carnegie was one of the most wealthiest and famous industrialists of the late 1800s and early 1920s. He is a Scottish-born American industrialist who pushed the economy of the United States into a whole new level. He was the one who expanded America’s economy into what we know it as today. Ever since he was a young boy, he already had ambition burning inside of him.
Andrew Carnegie: A Valuable Skill For Work
350 Words | 2 PagesHe became very good at it and because of it became of valuable worker. Carnegie soon becomes an important employee for Tom Scott. Scott was the superintendent for the railroads in Pennsylvania.
John D Rockefeller Impact On Society
1265 Words | 6 PagesRockefeller wanted to expand his businesses even further but could not figure out how he could get his products across the country. He had an idea of using the railroad system to transfer his products but he needed an investor. Many of the railroad owners were raising their pricing rates because Rockefeller was so well known and was rich. But the intention Rockefeller wanted was to ship to make profit, so Rockefeller looked to Andrew Carnegie for help. Andrew Carnegie was known as the Steel Giant.
How Did Andrew Carnegie Influence The Growth Of Urban America?
943 Words | 4 PagesHis boss became his mentor and financial advisor, and he suggested that Carnegie invest into railroads. Once he gathered enough money to start off, he decided to quit working for the telegraph company and head into the steel industry. Andrew Carnegie influenced the growth of urban America by molding the steel industry and reforming the role of the American upper class. To start off, Carnegie had an idea to inexpensively produce steel.
What Is The Impact Of Andrew Carnegie's Impact On Society
1599 Words | 7 PagesAndrew Carnegie has been one of the most impactful contributions to the steel industry in history. Carnegie strived and thrived for the economic scaling of steel which led his company,
Andrew Carnegie: A Man In America's History
730 Words | 3 PagesIntroduction Andrew Carnegie was a man who started from nothing and worked his way up to be one of the most important men in America’s history; a man who helped shape America. From a boy born into a modest life, to a man who industrialized the steel industry and made millions, he is a textbook example of a rags-to-riches story. Being one of the most important people of his time, he created a steel powerhouse and brought America and the world to new standards. Even with all the obstacles and mistakes, he became such and gained a mass fortune, remaining one of the wealthiest men to have lived.
Analysis Of Andrew Carnegie's The Gospel Of Wealth
835 Words | 4 PagesThe 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.
Why Andrew Carnegie Is Not A Hero Essay
625 Words | 3 PagesAndrew Carnegie was born in Dunfermline, Scotland on November 1835. Growing up poor, Carnegie started working 12 hour shifts at the age of 12 for a $1.20. As he started getting older he taught himself new things which would eventually lead him to making $1,500 a year at the age of 17. In the early 1870s Carnegie was so successful in the steel industry that he sold his Carnegie Steel Company to J.P. Morgan for $480 million making him the richest man in the world. Before dying Andrew Carnegie dedicated himself to helping charities and donating approximately $350 million to education.
Robber Barons
799 Words | 4 PagesThrough Carnegie Corporation of New York, the innovative philanthropic foundation he established in 1911, his fortune has since supported everything from the discovery of insulin and the dismantling of nuclear weapons, to the creation of Pell Grants and Sesame Street. Andrew Carnegie’s birthplace, Dunfermline, was Scotland's historic medieval capital. Later famous for producing fine linen, the town fell on hard times when industrialism made home-based weaving obsolete, leaving workers such as Carnegie’s father, Will, hard pressed to support their families. Will and his father-in-law Thomas Morrison, a shoemaker and political reformer, joined the popular Chartist movement, which believed conditions for workers would improve if the masses were to take over the government from the landed gentry. When the movement failed in 1848, Will Carnegie and his wife, Margaret, sold their belongings to book passage to America for themselves and their sons, 13-year-old Thomas A. Scott, superintendent of the western division of the Pennsylvania Railroad and Andrew Carnegie’s boss, initiated the future millionaire’s first investment when he alerted Carnegie to the impending sale of ten shares in the Adams Express Company.
Who Was Andrew Carnegie A Captain Of Industry Essay
460 Words | 2 PagesDuring 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 And The Steel Industry Essay
524 Words | 3 PagesAndrew Carnegie was a major capitalist of the 19th century. He became a major capitalist in the steel industry. He attained much of his wealth because he practically created the steel industry. Starting from the bottom and working is way to the top Andrew Carnegie became one of the richest men during his time. Starting at earning a dollar and twenty cents a week.
What Is Andrew Carnegie Ethical Or Unethical
338 Words | 2 PagesAndrew 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 Dbq Essay
446 Words | 2 PagesDuring 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.
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