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Industrial revolution in america dbq
The Industrial Revolution, Capitalism and the United States of America
Industrial revolution in america dbq
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Captain of Industry or Robber Baron, who knows whether the entrepreneurs of the Gilded Age were either, neither or both. There was many things that each person had done but what defines them? Who can tell what each person is? Andrew B. Carnegie was a Robber Baron. He profited from underpaid, undereducated workers.
The question of whether John D. Rockefeller and Andrew Carnegie were "captains of industry" or "robber barons" is a complex one. Both John D. Rockefeller and Andrew Carnegie played significant roles in the growth and development of American industry during the late 19th and early 26th centuries. On one hand, they are often referred to as "captains of industry" because of their entrepreneurial spirit and their ability to innovate and transform entire industries.
There are so many views when considering the industrialists of late 19th century to be captains of industry while others consider them as Robber barons because they like practicing a system called the monopoly. Monopoly . they built huge companies and practice unfair businesses; which make them drive their counterparts out of business; and when they do such things, they are stealing businesses from competitors. Most people refer to them as the king of the American industries during the 19th century. Some viewed them as greedy, unprincipled and corrupt.
The three top railroads that ran through Cleveland agreed to raise their shipping fees while paying rebates to Rockefeller .Small oil refiners were hurt from these brutal tactics and Ida decided to write “ The History Of Standard Oil Company” which exposed these harsh business practices
The late 19th century was full of growth, production, and business. People were craving power and seemed to achieve this through any means necessary. Consequently, a new business elite formed consisting of the richest men alive. The way in which these individuals acquired all their profits is something very contradictory even over one-hundred years later. Some historians characterize these businessmen as “robber barons” who used extreme methods to control and concentrate wealth and power, and being supported by multiple sources, this statement is justified but only to some extent.
The only times he was a robber baron was when he discouraged union activity in his corporation and
His work, The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy, allows readers to see a more picture perfect outlook on what the lives of these men entitled. Morris’s book was published in 2005, which allows readers to get a perspective from a long period of time and closer to reality rather than other historians writing on this era. The last author that allows readers to view the Robber Barons in a different manor is James Nuechterlein in his journal article Gifts of the “Robber Barons.” Nuechterlein wrote this article in 2007 allowing readers to view the men through historical resources that he uncovered. His stance shows a more balanced approach to the Robber Barons rather than saying one or the other was a better man than the other.
The Rockefellers cheated workers of money, causing strikes and eventually strikebreaking. They also used their power to strongarm the
John D. Rockefeller was the founder of the Standard Oil Company and became one of the wealthiest men of his time. His company was the major leader of the oil business in the United States during his reign. Standard Oil company served as a prime example of how companies should function, which helped to guide others to follow in his footsteps. He was a major philanthropist and used his large fortune to fund many philanthropic causes. His donations helped pay for the creations of the University of Chicago, the Rockefeller University, the establishment of Central Philippine University, and many others.
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.
During the late 1800s many well-known business leaders widely arose across the America, such as Andrew Carnegie, Cornelius Vanderbilt, John D. Rockefeller, Jay Gould, J.P. Morgan. Some of these tycoons contributed to America, while others were considered robber barons. People who were controlling economy, monopolizing different industries and using of illegal means to gain wealth called robber barons. Despite this, their names can be compared with innovation, big business and the American Dream. They discovered fabulous advances in technology while fighting to unite their industries and rise to the top of the business world.
Was Cornelius Vanderbilt a Robber Baron or Captain of Industry? A cruel businessman or an industrious leader? Henry J. Raymond believed that Vanderbilt was “a monopolist that crushed other competitors”(T.J Stiles). While he is also deemed one of America’s leading businessmen, and is also credited for helping shape the United States. His fortunes were made unfairly in some cases but his million dollar contribution to the Navy was very generous.
Coming with a successful business is people trying to find faults in your greatness. Rockefeller was a Captain of Industry, he helped improve the inventions we already had by making oil more readily available. By doing this he made a fortune which made people believe that he was unable to be trusted, but all of these suspicions were incorrect, Rockefeller made his money honestly and helped our country thrive and become who we are today. Rockefeller had competition in the oil industry but,
Rockefeller was also one of the most successful wealthy Gilded Age entrepreneurs. Although Rockefeller did make a name for himself in the oil industry,supplying the U.S with oil, and creating the Standard Oil Company;his road to power was paved with the pain and suffering of others due to his malicious behavior. He should be remembered as a Robber Baron because of his attempts at monopoly, malicious behavior to those who stood in his way, and especially the treatment of his workers in order to get the wealth he desired. J.D. Rockefeller used tactics such as vertical integration, using rebates to transport his oil for cheaper prices, and using ruthless methods to eliminate the competition. Rockefellers ruthlessness lead him to be very successful up until his fatal encountered with Ida Tarbell.
Robber Barons and Captains of Industry Some might believe that the businessmen of the Gilded age are robber barons because of how some of them treated their workers and spent their money. The businessmen of the Gilded Age were captains of industry because of the impact that they made on the country. Carnegie, Rockefeller, Morgan, and Vanderbilt all have done things that can identify them as captains of industry. These businessmen gave their time and effort to help the economy grow.
