Exploitation Of Industry Dbq
The context of Andrew Carnegie becoming a Caption of Industry is the industrial revolution. Industrialism is the expansion of factories and the mass production of manufactured goods. The Industrial Revolution of the early 1900s set the foundation for the rise of Andrew Carnegies steel. While some people think Carnegie is a Caption of Industry because he got to the top by going from rags to riches, his monopoly act, and being a good businessman, evidence suggests he is a Robber Barron because he would pay his workers such little amounts and would make them work many hours, he would also make it hard to compete against him.
Andrew Carnegie is a questionable man; he went from living a very poor life as a child to being a billionaire. He
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He makes a profit off of this because the steel in September 1875 goes for $55 and he sells it for $65. Throughout the years that steel prices started going for less. Carnegie then realizes he's not making any profit, and he then starts his "Monopoly Act". Carnegie then realized that in order to make more profit he needed to set the prices higher than other companies. Once he does he strangles the competition for steel and is now getting more profit. In document 5 Crangie is still in his "Monopoly" This gets to the other companies that are trying to compete. Crnegies monopoly is called the "Vertical Monopoly", it controls the production process from raw materials to manufacture and sale of a finished product. Carnegie was known as a pioneer of business techniques. Documents 6 and 7 show how Crangie pays his workers and their hours. The workers will work 10 hours a day and only get $1.87 to take home to their families. They wanted to strike about it but there was no strike allowed in the steel mill. They would threaten the workers poorly and have them go home with less than $2 to provide for their families. These documents show that Andrew Carnegie was a Robber Barron and wouldn't treat his workers right and would fight for what he wanted. He would scam his customers and pay his workers poorly. On the other hand, he is a good
Essay On Why Andrew Carnegie Is Not A Hero
1329 Words | 6 PagesThe boom of industrialization in the United States lead to several changes throughout the nation that forever affected both the economy, as well as workers within it. One such worker was named Andrew Carnegie, who as a boy began in a very poor family, but then throughout his life worked hard to advance up to one of the highest positions in the steel manufacturing industry. This made his presence widely known throughout the American economy, and furthermore later brought up the argument: was Andrew Carnegie a hero? Throughout his life, though primarily during his career, Andrew Carnegie made several debatable choices concerning his work. These choices further clouded the argument as to whether he was a hero or not.
How Did Andrew Carnegie Led The Growth Of The Steel Industry
369 Words | 2 PagesMany people at this time were living in poverty and there weren’t enough jobs that had sufficient pay to support a family. Carnegie’s steel industry was one that had
Wealth And The Carnegie Steel In The Progressive Era
206 Words | 1 PagesAndrew Carnegie, a Scottish American leader was best known for his steel and production and philanthropy also know as to some as a robber baron and to other as a “captain industry,” Carnegie founded the Carnegie Steel in the Progressive Era. His company led to him learning about the lives of the workers and to see how life really worked for them. He began his essay “Wealth” by describing the problems of generosity by the rich men of the upper class. Carnegie wanted the wealthy men to comprehend how to be philanthropy and reconstruct their surplus means in a responsible and thoughtful manner.
How Was Andrew Carnegie A Captain Of Industry
886 Words | 4 PagesQuestions: Take detailed notes from the reading about the ways in which Carnegie was a Captain of Industry (Bullet-points are fine). Andrew Carnegie was a successful businessman and industrialist who made significant fortune in the steel industry known for his innovative techniques and methods for producing steel, which allowed him to significantly reduce costs and increase efficiency in his factories believed in the principle of "vertical integration," meaning he owned and controlled every aspect of the steel production process, from the raw materials to the finished product $4 million dollar relief fund to assist injured employees and pensions to families dependent on those killed He made much philanthropic efforts by donating millions of
Keystone Bridge Analysis
647 Words | 3 PagesLater on Carnegie started bettering the developments of iron and steel. He recognizes that America in the past had been dependent on European countries for its steel. Therefore wanted to satisfy the people who demanded a home supply. He also knew that the American people did not want the pay the tariffs implemented by President Cleveland that came with overseas items. Carnegie even went to Washington to modify the Wilson bill.
Why Is Andrew Carnegie So Successful
637 Words | 3 PagesHe owned the mines for the raw materials, the necessary transportation, such as trains and ships, and even coal mines to power the furnaces. Being in charge of the process is what made him superior to his competition. But all this success was not all on him. People say that he Carnegie got rich on the backs of his workers. The most famous case of this was in Homestead, Pennsylvania, where he lowered wages and the workers went on strike and did not work.
Andrew Carnegie: Captain Of The Metal Industry
494 Words | 2 PagesIn order for Carnegie to have succeed in being in the metal industry, it was clear that he had to discontinue his career of a railroad executive (Kohn). To commence his business in the metal industry, Carnegie invested in an iron manufacturing factory (Kohn). Carnegie also bought into an iron bridge plant and then bought into a Company making
How Did Andrew Carnegie Contribute To Education
687 Words | 3 PagesAndrew Carnegie comes from a humble beginning; as to show he worked when he was a 13 year older at a factory all day long just to later study at night. Andrew Carnegie’s interest in education begins during this period of his life because they lent him books to study, but he grew up he focused mainly on businesses and money. Working as a telegraph messenger boy he gets to know his new boss, the Superintendent of the Pennsylvania Railroad, yet Carnegie later takes his bosses job. Carnegie’s new job gives him the opportunity to invest in companies what were not expected to have to much profits, however, this investments gave him the opportunity to invest in other sectors such as oil. As Carnegie grew rich he founded the first steel company in
Andrew Carnegie A Captain Of Industry Essay
630 Words | 3 PagesThe context of Andrew Carnegie becoming a captain of industry is from the Industrial Revolution. Industrialism is the expansion of factories and the mass production of manufactured goods like steel. The Industrial Revolution of the early 19th century set the foundation for the rise of Carnegie steel. He is a Captain of Industry because he used his money to build libraries and paid thousands of churches. His wealth helped out schools and non profit organizations.
Was Andrew Carnegie A Hero Or A Villain
577 Words | 3 PagesDuring the late 1800s, there were some very bad, powerful people. One of them was Andrew Carnegie, captain of the steel industry. Andrew Carnegie was a Scottish immigrant who came to America to seek a better life. He made his money in the steel industry after figuring out a way to manufacture it faster. Andrew Carnegie was a villain because he didn’t care about his workers, preached about world peace and then turned around and gave the U.S. Navy steel, and because his club tampered with a dam, killing thousands.
Andrew Carnegie Biography Essay
860 Words | 4 PagesCarnegie began his first steel mill construction in 1872 in the town of Braddock, Pennsylvania. This mill was named the Edgar Thomson Steel Works. These works began steel production (especially railroads) in 1874. Carnegie guessed that he made a profit of $40,000 from a $100,000 investment. Carnegie made enough profit to buy steel mills in surrounding areas.
Andrew Carnegie Museum
1420 Words | 6 PagesBackground Named after his grandfather, Andrew Carnegie was born in the year 1835 in the quaint town of Dunfermline, Scotland. As a young boy, Carnegie immigrated to the United States and ended up in Allegheny, Pennsylvania, a rapidly growing industrial town. Though it might have been a while before Carnegie returned to his country of birth, the lessons he learned at a young age would never be forgotten, nor the memories dissipate. Continuing his life in western Pennsylvania, Carnegie worked his first job at thirteen years of age. He was employed as a bobbin boy, working twelve hours per day, seven days of the week; delivering thread to women laboring
Who Was Andrew Carnegie A Captain Of Industry Essay
460 Words | 2 PagesThis is also known as the Homestead Strike. Carnegie then hired Pinkerton thugs to attack the workers. In the same excerpt, the author says, “he hired Pinkerton thugs to intimidate strikers. Many were killed in the conflict, and it was an episode that would forever hurt Carnegie's reputation and haunt the man.” He uses unfair ways to have a successful business through low wages, and using wealth to his
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 Research Papers
677 Words | 3 PagesThe antitrust law was established around 1890 and it threatened Carnegie’s steel industry. Carnegie Steel took up most of the steel industry and the federal government thought that there wasn't fair computation for Carnegie's business. Also Carnegie's workers were paid very low wages, and had low job security being they made cheaper steel. Many of Carnegie’s workers went on strike in 1892 due to lower wages. Frick was warned by Carnegie that the strike could cause the plant to shut down.
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