If you were the richest person in the world what would you accomplish with all the money you had? Andrew Carnegie, an American Captain of Industry By far off the greatest profitable businessman during his age, Carnegie left his mark on industry, and ordinarily greatly impacted the expansion of business enterprise in America. Essentially, Carnegie rose from poverty to become one of the most influential, industrial men in history by single-handedly building the American steel industry. Andrew Carnegie was famously known for being a hero because he would provide plenty to the poor.
The last reason that the wealthy industrialists are Captains of Industry is because of the new technologies that were invented during this time period. These new technologies helped not only the economic growth but also sparked ideas on how to organize businesses. For example this is shown in the article “The Gilded Age” when the author says “new technologies and new ways of organizing business led a few individuals to the top.” Another example of this is shown in the article “The Development of Industrial State” the author states “An outburst of new technological innovation in the late 19th century fueled this headlong economic growth.” This evidence really shows that when most people hear new technologies they think of just the new inventions.
John D. Rockefeller John D. Rockefeller was born on July 8, 1839 into humble family and over time became owner of the Standard Oil Company. As a young boy, one could tell he was a business man at heart; John was always trying to sell small things to gain money. He had a passion for discovering the secrets of business and understanding how to obtain a successful life. He thrived in the business and became the most powerful monopoly at the time. With the wealth that came with his business, also led to controversy over his actions.
Even the negative side effects of their actions led to long term benefits for many. The creation of monopolies led to government intervention in business on behalf of fair competition. The exploitation of workers led to regulations guaranteeing safety codes, minimum wage, abolition of child labor, and the rise of unions. While they did not intend for these things to occur, they are still byproducts of their efforts to build American industry. They set up the country to become, financially speaking, the largest beneficiary of World War I as the U.S. supplied much of the material used to fight the conflict.
These three individuals built businesses in industries that seemed to be struggling in order to help themselves
Andrew Carnegie was an immigrant from Scotland who rose from rags to riches through his hard work in the steel industry. He was an industrious leader who helped in transforming the American economy with his business strategies, which was shown later by his success, and then also demonstrated his philanthropy by donating millions of dollars for the betterment of society. Although it can be argued that he was a robber baron who unjustly pushed himself to the top, Andrew Carnegie was truly a captain of industry, as he positively contributed to the country in many ways. One piece of evidence representing Carnegie as a captain of industry is the various business tactics he used. Immigrating to America penniless, Carnegie knew how important it was
The timeline of Jackson’s life and accomplishments was fascinating. He showed his effectiveness and set his outstanding reputation decades before becoming the president for his first term in 1828 at the age of 61. Andrew Jackson was known for being the national war hero for the various victories that he brought to the United States. With Andrew Jackson’s leadership, the U.S. Army defeated British in the War of 1812.
John D. Rockefeller Sr: How did John D. Rockefeller impact the Industrial Revolution 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.
He made his capital by taking opportunities that were given to him. Andrew Carnegie proved more than a few times that he really is the most powerful and influential man of the twentieth century. The progress he made in the steel industry helped shoot up the United States in the Industrial Revolution, and provides the necessary steel for railways and many other steel structures, which are necessary for everyday life then and now. His position against long hours working day, low wages and poor working conditions have opened my eyes to how workers should be treated. His adoption unions have made it easier for other companies to have the guts to unionize.
Franklin Delano Roosevelt became the 32nd President of the United States of America on March 4, 1939. In his first inauguration speech, he stated, “The only thing we have to fear is fear itself. ”(Bartleby) This ideology he gave America hope and courage to pull through its two worst crises, “The Great Depression” and “World War II.”
Kevin ruiz Mr. Plata US History: Period 3 22 October 2017 The philanthropy of andrew carnegie; did it make him a hero “The a who dies rich des disgraced”these were the wise words of a humble man andrew carnegie. Carnegie was born in 1835 in dunfermline, scotland. At age of twelve carnegie and his family set of to seek a better life in the united states; here he changed the course of history.
As our country reached the late 1800’s, Americans found themselves face to face with era known as the ‘Gilded Age’. Companies were created and grew rapidly during this time period. Some of the most famous entrepreneurs were John D. Rockefeller and Andrew Carnegie, who seemed to be the perfect models for the ‘rags to riches’ story. Many people debate which entrepreneur was a better role-model. Due to his low prices, the high demand for his products, and the way he sought to eliminate any possible competition, John D. Rockefeller is clearly the better role-model for today’s entrepreneurs.
“Much of the blame heaped on the captains of industry in the late 19th century is unwarranted.” (Document F). The Gilded Age was a time where the U.S. economy grew very quickly and rapidly, due to the inventive minds and entrepreneurs of that time; but it has different perspectives of opinions in history today. This era led the U.S. to its state and place in the present world, thanks to its important contributors, (who are involved in the main debate of whether they were robber barons, unethical men who yearn for money, or captains of industry, leaders who add positive ideas and methods to benefit their country.) The industrial leaders of the Gilded Age are captains of industry, worthy of some gratitude and credit for how our society’s structure
Throughout history, wealth was kept within the family, totally opposite of what we see and expect from most successful business people of today. To bolster the notion that these industrial pioneers were not solely in it for themselves, men like Rockefeller gave millions in charitable donations. Carnegie even wrote a book about how to effectively spread money to the commonwealth as well as teaching the lower classes how to provide for themselves. In fact, Carnegie’s book was given to Bill Gates, a man known for his charitable contributions. As if these Statesmen’s giving nature were not enough, their impact on the world war was extraordinary; without them, America would have been left in the dust.
When Robert Kraft became the owner of the New England Patriots, he had to pocket $172 million – a record amount back then for a sport team. Looking at the team’s latest $2.6 billion valuation by Forbes, it seems like Kraft’s risky business investment has paid off big time. For the Patriots to get to where they are now, there are lots of reasons and lots of people to credit for but there are two names you can never leave out. In fact, they deserve to be mentioned first and foremost: Head coach Bill Belichick and Quarterback Tom Brady. Together, they make a perfect, powerful coach-quarterback combo in building the Patriots dynasty When did they start working together?