Andrew Carnegie was born outside of the country but moved early. At an early age he learned a very valuable skill for work. He worked for a Tom scott in his railroad business. Carnegie did his best to be friendly to his employees. He sold his business to Morgan and donated money.
In 1694, Thomas Savery invented what would revolutionize the united states indefinitely, he called it the steam engine. This invention lead to the first steam engine locomotive which many would say was a beneficial turning point in the industrialization of america’s economy,allowing the steam engine to be used on the railways. Although the railroads did impact the United States and certain groups in positive ways,there were also negative effects that occurred. During this time period, there were many chinese immigrants that entered the United States who made up most of the workers that built the tracks. Business owners made lots of money from the railroads because they were able to transport goods farther and faster with ease.
It was known for its generosity. In the Great Depression it was known for relieving debts of farmers and giving them money to keep their farms going. John Deere had a huge impact on the time of the WestWard Expansion. The invention of the steel plow came with almost no draw backs with it. It was an amazing invention which was the spark of an agricultural boom in America.
Things were evolved and made to make things faster. Such as iron, Cronige steel mills made it to where you can make steel 96 times faster. This made a growth in demand, and made businesses bigger. Rockefeller made oil into a more refined version called kerosene. He made a lot of money selling this refined oil.
He worked his way up and started gaining more and more so he started to invest in things. Oil speculation made him a millionaire. He bought a share initially for 40k. Then he invested in The Steel Industry which had begun raising in wealth. He died with 4 billion dollars, and he played a huge role in The Steel Industry, he made 1 billion in the beginning
These Furnaces were called Bessemer’s. (History.com) One man from Scotland would take these huge monsters and create a huge industry that would eventually take control of over one quarter of the steel created in the United States. He would eventually become the wealthiest man in the country. His ingenuity
Rockefeller made money by raising turkeys and doing small jobs for people he knew. He became an office clerk at the age of 16 deciding to be a businessman. Later on in life he opened his own commission firm. That year the first oil well was drilled and Rockefeller
Because Thomas invented a pump to clear water out of the coal mines. This increased the efficiency of the steam engine for the trains because more coal was produced and it was not expensive as wood was. The steam engine also had another useful purpose in the industrial revolution; the huge cotton mills. John Watt began the making of various kinds of machines for all sorts of industries with the financial backup of Matthew Boulton. In total, of his enterprise, Watt had invented 42 engines.
Almost immediately after his arrival, Carnegie took a job in a cotton mill changing bobbins shortly after his family’s arrival. He worked from sunrise to sunset six days a week, receiving minimum pay. However, he was permitted to read in the library provided for the workers and did so avidly, nurturing his love of reading and books. Similarly to Carnegie’s immigration, Rockefeller and his family moved to Cleveland. However, unlike Carnegie, he attended high school and went on to attend business school for a short time.
Ewing Marion Kauffman was one of Kansas City’s richest and most philanthropic citizens to ever live. Just about every person who lives in his home town is familiar with his work. He dedicated most of his wealth to the people of Kansas City and he is a symbol of generosity and success to all Kansas City natives. Kauffman was born on a small farm in Garden City, Missouri, September 21, 1916 but was raised in Kansas City. His parents were John Samuel Kauffman and Effie Mae Winders.