Robber Barons: Andrew Carnegie As A Captain Of Industry
Andrew Carnegie, one of the best businessmen in all of american history. Most consider Carnegie as a robber baron but I disagree. I say that Andrew Carnegie was in the place of a captain of industry. Carnegie was a captain of industry because he was the world's richest business man that came from a poor shoemaker house in scotland and once he sold away his massive company he turned to the people and became a philanthropists.
Andrew Carnegie had a very tough life when he was young. Him and his whole family had lived crammed in up in an attic that they shared with another family. In document one it shows the very small building that they had lived in. THey lived in the attic of a small, old shoe maker building. Carnegie's family had chosen
Was Andrew Carnegie A Robber Baron
346 Words | 2 PagesThe context of Andrew Carnegie is the robber baron. Industrialisation the expansion of factories and the mass production of manufactured goods like steel. The Industrial Revolution of the early 1900s set the foundation for the rise of Carnegie steel. While some say Andrew Carnegie is a caption of industry because he wanted to help others who were poor evidence suggests he is a robber baron because he made the vertical monopoly which makes it harder to compete with him and he had very poor working conditions and even killed some people with those horrible conditions. Andrew Carnegie made it hard for anyone else to produce steel and other various items so he could eliminate his competition which he pretty much did.
Eastman, Morgan And Carnegie: Captains Of Industry
190 Words | 1 PagesEastman, Morgan, and Carnegie were all captains of industry. They were all captains of industry because they were top innovators in their industries. For example, Carnegie became the leader in the steel business because he introduced the Bessemer process to America. Using the Bessemer process, Carnegie produced stronger steel cheaper than before. The cheaper stronger steel led to more railroads being built and skyscrapers being created.
Captains Of Industry In The Tycoons By Charles R. Morris
1721 Words | 7 PagesIn the novel, “The Tycoons” by Charles R. Morris, he explains how Andrew Carnegie, John D. Rockefeller, Jay Gould, and J.P. Morgan invented the American super economy. In Morris’s novel, he goes in depth of the lives of these men and the experiences that truly made them the group who transformed America’s economy. They transformed the greatest industries of our time: oil, rail, steel, and finance. Not only did they transform America for the better but are also the first captains of industry. I will start with J.P. Morgan who was an art collector, banker, and financier.
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
Compare And Contrast Carnegie And Rockefeller Captain Of Industry
1630 Words | 7 PagesThey decided on living in Allegheny City, Pennsylvania. Although he had little formal education, Carnegie grew up in a family that believed in the importance of books and learning (Biography. “Andrew Carnegie.”). His father had the job of handweaving and he traveled many places to sell the products that he eventually ended up creating. To help support her family, Margaret Carnegie (Andrew’s mother) started a job as a shoe binder for local shoemakers.
Andrew Carnegie Captain Of Industry Essay
639 Words | 3 PagesAndrew Carnegie, Captain of Industry The expansion of industries in the late 19th century allowed industrialists to revolutionize American economics. Revolutionary ideas included new business strategies like vertical and horizontal integration which was utilized by captain of industry Andrew Carnegie. Andrew Carnegie was a captain of industry, or a business leader who positively impacted American economics and society, because he implemented ingenious business strategies like vertical and horizontal integration and because he donated almost all of his profits to charities towards the development of learning and the arts. Andrew Carnegie proved himself to be a captain of industry when he set the precedent of using business methods like vertical
John D. Rockefeller: Robber Baron And Captain Of Industry
458 Words | 2 PagesThe men that built America have played an immense role in how we live today. One distinct example would be John D. Rockefeller. As a kid, he was always intrigued in how objects worked, which led him to becoming a very successful tycoon. Even though he was a very rich and a great industrialist, how he got there was unacceptable. There are two categories when coming to define a businessman: robber baron and captain of industry.
Andrew Carnegie's Effect On The Industrial Revolution
406 Words | 2 PagesAndrew Carnegie had a significant effect on the Industrial Revolution. The Industrial Revolution is the development of factories and the mass production of consumer goods, in this case, Carnigies steel. The Industrial Revolution set the economic foundation that allowed Andrew Carnegie to construct his monopoly called Carnegie Steel. Some argue that Andrew Carnegie was a Robber Barron because he didn’t do anything about the dangerous work conditions but the evidence supports that he was a captain of industry because he was a philanthropist and rose from a rags-to-riches storyline. Andrew Carnegie had such a powerful influence on the world and his steel-making establishment is still around today.
Was Andrew Carnegie A Hero?
454 Words | 2 PagesThis shows how he went from poor early life to a rich life. He would live in a attic, but he now has a mansion. He gained a lot of money as years past. Andrew Carnegie was a hero because he was
Robber Barons And Captains Of Industry
235 Words | 1 PagesAndrew Carnegie and John D. Rockefeller were hardworking and used their money to help others instead of keeping it for themselves. They both started and donated to charities. Carnegie gave away most of his money before he died and established thousands of libraries.
Why Is Cornelius Vanderbilt A Captain Of Industry
185 Words | 1 PagesOverall, I thought that the term Robber Barron to describe Cornelius Vanderbilt was justified. For example, in the article Robber Barons or Captains of Industry, we learned that Vanderbilt was “one who either destroyed his enemies or extracted a ransom in return for leaving a market”. Basically, he was so competitive that he ran other business out of the market in order gain more wealth. Even though he helped the economy with building steamships and providing transportation of goods though the railroad systems he still was looked at in a negative way because of how competitive and ruthless he was. I thought that Andrew Carnegie was more like a captain of industry because he was more focused on bettering society as a whole rather than just
Was Andrew Carnegie A Robber Baron?
363 Words | 2 PagesAndrew Carnegie is a Robber Barron because he sold monopoly to JP Morgan the most famous business man. The monopoly prices raised and it was ruthless tactics. Andrew Carnegie also stole the idea of the bessemer process. He also payed Irish men $850 to take his place in the civil war.
Cornelius Vanderbilt A Robber Baron
964 Words | 4 PagesBill Gates was a wealthy man who might have been greedy and only in for the money. He was also a generous man who employed a lot of people and donated $40 million. Most revered critics believe that Cornelius Vanderbilt was a Robber Baron. For example, he was never known to engage in philanthropic activities
Who Was Andrew Carnegie A Captain Of Industry Essay
460 Words | 2 PagesA Captain of Industry is used to describe a successful businessman. Carnegie created an efficient steel industry. He did this by, converting iron into steel and built a new steel plant for his company called, Carnegie Steel Company. In the excerpt, “Who was Andrew Carnegie,” the author says, “Carnegie changed huge batches of iron into steel, which was much more flexible than brittle iron. Carnegie threw his own money into the process and even borrowed heavily to build a new steel plant near Pittsburgh.”
Who Is Andrew Carnegie The Ultimate Robber Baron
183 Words | 1 PagesAndrew Carnegie: The Ultimate Robber Baron Four hundred and seventy-five million dollars. This is the overwhelmingly large amount of money Andrew Carnegie acquired during his lifetime. Though not privileged as a boy, he worked his way up the ladder, achieving more than anyone could have ever imagined. Unfortunately, many people were exploited on his way to the top.
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