Was John D. Rockefeller A Robber Baron

J.P. Morgan, John D. Rockefeller, and Andrew Carnegie were great inventors of their time but they did things that made them Robber Barons. One large reason why they are a robber baron is that they wanted to get more money without caring for anybody working for him or working with their companies. J.P. Morgan was criticized for manipulating the financial system in order to make more money for himself. J.P. Morgan made a successful bank that is one of the leading banks today, CHASE. John D. Rockefeller made his money by creating an oil business.

Chapter 8 Research Report on John D. Rockefeller John D. Rockefeller was the richest person in history, even beating Bill Gates. He was a giver, and donated over five hundred million dollars throughout his lifetime. However, not only was he a rich and successful man, but he also made a big impact on the US during his time. During the 1800s, John D. Rockefeller developed the US through three different ways. These three ways were his Standard Oil Company, his business techniques, and his career in philanthropy.

Andrew 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.

How Did John D. Rockefeller Affect America? What do you think it would take to make our imprint on America? To end up in the history books, being studied by the the generations after, and then the generations after and so on. Just as John D. Rockefeller had done, because almost everything you do would not have been possible without his big business ways and his discoveries.

Media influence on Rockefeller I remember once stealing a small book from my father’s library while still in middle school. Later I found out that this book was talking about millionaires, analyzing their lives, habits, and skills. The most important thing that these, so called successful people had in common was their goal, their goal to achieve great wealth during their lifetime and they did so. They all knew exactly what they wanted so they went forward and achieved it. In addition, John D. Rockefeller, the wealthiest man in America and world during his time, has said “If your only goal is to become rich, you will never achieve it.”

Rockefeller owned nearly 95% of all oil in the U.S. due to being the first man to start a trust in the oil business he was able to lower the cost of his oil. After he had every consumer buying his oil, and knocking the other 5% out of business he then controlled all oil. After he owned all oil in the United States he raised his prices, and became the richest man in the country, and most likely the richest man in the world. Trusts and Monopolies affect the american businesses by limiting the supply of goods to the public.

Name of Industrialist: Henry Ford How did he acquire his wealth? He acquire his wealth by being a self-made man, that revolutionize the car industry in the 90’s.   How he (or his related industries) treated workers? Ford manage to lowered the cost of manufacturing, while providing a wage correspondent to more than double of the previous average.

A Millionaire 's Success When you drive by a gas station and wonder who owns them, who comes to mind? John D. Rockefeller was the first billionaire in the United States. Rockefeller faced many obstacles in his childhood and adulthood to achieve success. He was the wealthiest man in america and had power above all. Rockefeller was a good businessman and would supply America with what they needed the most.

“On July 8, 1839, John D. Rockefeller, Sr. was born in a simple wood frame house in the quiet hamlet of Richford, New York. (klein)” Then he moved with his family to Cleveland Ohio at the age of fourteen. He wasn’t afraid of work like most teens he got his first job when he was sixteen years old. At age sixteen he was an assistant bookkeeper with Hewitt & Tuttle, commission merchants and produce shippers.

The Industrial Revolution, also known as the Gilded Age, dramatically emerged from the rubble of the Civil War. Small businesses began growing and soon the nation’s economy was led by a few intensely powerful individuals. Because of them, the United States had evolved to become the largest industrial nation in the world. These captains of industry boosted America’s economy, improved the efficiency of life, and gave back to others in society.

John D. Rockefeller in my opinion is a robber baron; The term robber baron was used in the 19th century to describe a group of industrialist who were creating enormous personal fortunes. Many people believed he used unethical business practices to amass his extraordinary wealth. John had a drive to become one one of the richest people in America. During Rockefeller's time the average person was making around 8 to 10 dollars per week, but Rockefeller was worth millions. Rockefeller did use some tactics that were questionable.

Incorporation of Analogies I would use an axe as a symbol of John D. Rockefeller. John D. Rockefeller was the founder of Standard Oil Company and easily one of the world’s wealthiest men. Rockefeller was powerful, strained his resources, and bought out most of his oil refinery competition; resulting in his ownership of about 90% of U.S refineries and pipelines. His goal was to gain a monopoly of in the oil industry.

Is Rockefeller a Modest Philanthropist captain of industry? You can clearly identify Rockefeller to be a captain of industry, in a particular quote Rockefeller states the following “I do not think that there is any other quality so essential to success of any kind as the quality of perseverance it overcomes almost everything even nature.” In which this quote is a big significance to Rockefeller being viewed as a captain of industry, Rockefeller achieved his fortune through the oil industry in which still stands today. the way oil in transported and as today oil is cheaper to transport more efficient easy to distribute as there are many products that are obtained from the raw materials of oil from detergents and makeup to fertilizers and pesticides