1.The robber barons were Andrew Carnegie JP Morgan and John D. Rockefeller. These individuals were known as robber barons because they were eliminating competition by high pricing and overcharging while managing their monopoly. 2. Trunk lines were four major railroad networks that emerged after the civil war which connected eastern sea ports to western rivers as well as great lakes. The federal government loaned $65 million to western railroads and donated millions of acres.
Rockefeller was strong willed and commanding like an axe. His impact in the oil business left a deep mark in American history like an axe would leave in a log of wood.
All this industry produced a lot of wealth for several businessmen like Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, and J.P. Morgan. These men were well-known as the “Captains of Industry”. Cornelius Vanderbilt also known as “The Commodore” built on of the largest shipping empires in the world. In his early years he was a steamboat manager and entrepreneur. He decided to sell all his ships and invest his money into railroads.
John D. Rockefeller was called a robber baron because many people believed he used unethical business practices to amass his extraordinary wealth. One of the most known was his practice of demanding rebates from railroads. Because Standard Oil shipped such large amounts of oil by rail, Rockefeller insisted that the railroads offer him rebates, or a discounted rate. This policy gave Standard
A 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.”
He made his mark on America. John D. Rockefeller practically lit up the country with his company, Standard Oil. In eighteen-seventy Rockefeller started his company with a group of men, although he was the president considering he was the largest shareholder. His company founded the chemical that was the was very flammable, called Kerosene, that was put into lanterns or streets to help light your home and make the street more visible. Standard Oil began to buy out other companies and began to sell and distribute their products all over the globe, which made them a monopoly.
History should remember the entrepreneurs of the 1800’s and 1900’s as Captains of Industries or Robber Barons. These entrepreneurs
Lots of people might have the opinion of calling them Robber Barons but to others, they all had a decent heart inside pointing them to be a Captain of
Olivia Strzalka 10/19/15 The wave of industrialism, in the 1800s and 1900s, was driven by men that ruled over American industry. These two men, most commonly known as Andrew Carnegie and John D. Rockefeller, used strategies and tactics that made some people think of them as robber barons while others had a more positive outlook and believed they were captains of industry. Robber barons referred to people who used unfair business practices. On the contrary, captains of industry were entrepreneurs who took risks developing the new inventions and technology during the era of the Industrial Revolution.
John D. Rockefeller gave away $540 million dollars before his death at the age of 97. With this money he created two, of the world's greatest research companies and helped pull the American South out of poverty. Without Rockefeller’s gracious donations to our country through education, medical, and donations to help our country, he most definitely was a Captain of Industry which helped our country get to where we are today. Captain of Industry is a fancy term of saying that this person has helped our country thrive and get to where we are today. John D. Rockefeller is a prime example of a great leader and a captain of industry, without him we would not have the successful oil business we have today.
In particular, John D. Rockefeller, founder of the Standard Oil Company, was known for his ruthless grip on the oil industry through eliminating competition. He even made it a point to call competition “a sin” and [ANOTHER QUOTE], and followed suit with this philosophy by making deals with railroad companies for reduced prices in exchange for promised large shipments. The public outcry against Rockefeller’s practices became so widespread, [FINISH]. Separate from the ethical questions that prompted the U.S. government to break up Standard Oil into several companies, Rockefeller’s technique of acquiring smaller companies to aggressively grow his own company was “a move that pioneered modern American capitalism” according to History.com (2010). History will see Rockefeller as a complex man, known for his discipline, ruthlessness, and generosity, who created turmoil in the oil industry through his seemingly unrestrained practices in capitalism.
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.
These individuals effect on society is debated. Some view them as cold-hearted “robber barons” that dominate the economy for personal gain. John D. Rockefeller, owner of the Standard Oil Company, for example, is known for his harsh business tactics and use of horizontal integration to acquire a monopoly over the industry. Others see them as generous philanthropists. For instance, Andrew Carnegie, the owner of U.S. Steel Corporation, though extremely rich, was incredibly charitable and often donated his wealth to public institutions.
Moral pluralism is also known as ethical pluralism or value pluralism. Moral pluralism is the idea that there are several values which may be equally correct and fundamental, and yet in conflict with each other. It also postulates that such incompatible values may be incommensurable, in the sense that there is no objective ordering of them in terms of importance. In this essay, I will argue that Moral Pluralism is incorrect because of the objection that it is not consistent with liberalism. I will first discuss some reasons why Moral Pluralism might be an appealing theory.
The men who built America also know the innovator is a docudrama and directed by Patrick Reams and Ruan Magan. This movie focuses on the life of Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan and Henry Ford, and how their innovation and leadership skills renovated the modern society. But for the purpose of this assessment my research is based on John D Rockefeller and his leadership skills. Short History of John D. Rockefeller John D Rockefeller was born in 1839 in New York to Bill and Eliza Rockefeller. From a very young age his father taught him to be smart and cunning in every deal, and also not to trust anyone in his life including his father and His mother was a fervent Baptist and tried to instill in him the importance of being a good Christian.
