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Andrew carnegie impact on america
Key events/people that influenced andrew carnegie
Andrew carnegie impact
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Andrew Carnegie was a person with great wealth, who led the expansion of American steel industry. He was man who excelled at work with innovations, with very little school, but he was a man who avoided fighting the Civil war and payed for a replacement to fight for him. Carnegie supported workers rights, but destroyed Unions and when he received the largest fortune in U.S history, he tried to give it away. John D. Rockefeller led the expansion of standard oil, he was the most hated businessman of America, but was the most generous philanthropist. He was a ruthless person and praised for his deeped down pity. Cornelius Vanderbilt Henry frick
Andrew Carnegie, the monopolist of the steel industry, was one of the worst of the Robber Barons. Like the others, he was full of contradictions and tried to bring peace to the world, but only caused conflicts and took away the jobs of many factory workers. Carnegie Steel, his company, was a main supplier of steel to the railroad industry.
John D. Rockefeller as a Robber Baron A "robber baron" was someone who employed any means necessary to enrich themselves at the expense of their competitors. Did John D. Rockefeller fall into that category or was he one of the "captains of industry", whose shrewd and innovative leadership brought order out of industrial chaos and generated great fortunes that enriched the public welfare through the workings of various philanthropic agencies that these leaders established? In the early 1860s Rockefeller was the founder of the Standard Oil Company, who came to epitomize both the success and excess of corporate capitalism. His company was based in northwestern Pennsylvania. A major question historians have disagreed on has been whether or not John D. Rockefeller was a so-called "robber baron".
Andrew Carnegie and John D. Rockefeller: Captains of industry, or robber barons? True, Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century, but was the way they conducted business proper? To fully answer this question, we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed the market of their industries. Second, look at the similarities and differences in how both men achieved dominance.
Andrew Carnegie was a man who was born poor, but wanted to change many lives for those who were like him. Since he was able to walk, he started to work he was a bobbin boy in Pittsburg. Carnegie would work 12 hours a day to
Steel Company after a serious, bloody union strike.He saw himself as a hero of working people, yet he crushed their unions. The richest man in the world, he railed against privilege. A generous philanthropist, he slashed the wages of the workers who made him rich. By this time, Carnegie was an established, successful millionaire. He was a great philanthropist, donating over $350 million dollars to public causes, opening libraries, money for teachers, and funds to support peace.
People like Andrew Carnegie, John D. Rockefeller, and J.P. Morgan are men who possessed the intellect, the foresight, and most importantly the work ethic to become powerful industrialists. These men displayed their work ethic to the country by being ruthless and tireless. They started something so important that a hundred years later it is still making a huge contribution to our country (Maury Klein pg. 32). What they started was the industrial revolution. Today our country is the most powerful in the world because of our great wealth. This wealth comes from the strength of our industry. “If thou does not sow, thou does not reap”(Hofstadter Recon.-Present Day pg.79). Carnegie, Rockefeller, and Morgan are the epitome of this statement.
Rockefeller was born in New York State in 1839 and educated in Cleveland, Ohio. Rockefeller became the first billionaire in America by monopolizing oil. The oil business had a lot of competition, and Rockefeller had the great idea of creating a cartel, named South Improvement Company, to reduce competition. He took opportunities, made deals with Railroad companies with strategies like spying and bribing. By 1872, Rockefeller’s Standard Oil controlled 90 percent of the refining oil business, and became the first monopoly of the era. He retired in the mid-1890s and devoted his time to philanthropy. Also, he contributed money to churches and donated money to schools, mostly for
Rockefeller is the one that is being depicted by the author. Since he got all of his money from selling oil he has alot more money than the government and he is showing how little the government is compared to him in the picure. The author is trying to show that Rockefeller controls the government since he has more money because of his oil
The United States has come to be known as a major world superpower throughout history. One of the main parts of America that has contributed to its renowned strength has been its economy. The United State’s economy has been growing ever since it began. Credit for its strength and progress in development can be attributed to the financial geniuses of their time. John D. Rockefeller became an economical giant during his time when he changed the face of business by developing ground-breaking new strategies to ensure financial success. Rockefeller dramatically changed the business field during The Gilded Age. He did so through the use of his social Darwinistic philosophy of capitalism, inclusion of vertical and horizontal integration, combination of both his business views and religious beliefs, his Standard Oil Company along with specific refinery processes. He founded the Standard Oil Company, one of the first types of businesses during its time. Although this company helped Rockefeller become known for his successful and competitive strategies, he did develop these strategies by himself with the use of his own beliefs and views.
Was Andrew Carnegie a hero? That is the question is it not. It is a question that makes even the most knowledgeable of historians a pause. It is one of if not the most important and hard question to answer and I think I shall let everyone know my own opinion of this question. Andrew Carnegie was not a hero nor was he a villain he is what is known as a human a person who has their ups and downs and with all humans none of them can be put into singular black and white categories. its shades of grey and Andrew Carnegie is on one of those shades. Some of the things that put him on this shade is the fact that as he was made famous he had to use questionable business practices to stay out of the army draft. he also did more questionable business
Nelson Aldrich Rockefeller rose to end up a political powerhouse. His maternal granddad, Nelson Aldrich, was a persuasive congressperson from Rhode Island; his fatherly granddad, John D. Rockefeller Sr., established Standard Oil, turning into the wealthiest man in the United States amid the nineteenth century—and proceeding to hold that status for a considerable length of time from that point.
He sailed to the US, knowing that he would start at the very bottom of his career, but he saw opportunity. His hard work continued throughout his adult life and at one point this lead him to becoming the world’s richest man. Needless to say, he was a huge success through his modern business tactics in the steel industry. Carnegie was the first for many things in the world of philanthropy and business, “Many persons of wealth have contributed to charity, but Carnegie was, perhaps, the first to state that the rich have a moral obligation to give away their fortunes.” (Columbia University Libraries 1).
Andrew Carnegie, the “King of Steel”, the benevolent employer, the giant of industry, was among the greatest influences of the second industrial revolution. It is sometimes questioned whether Carnegie was the ruthless, sneaky steel tyrant some made him out to be, or the generous, benevolent education benefactor he appeared to be. I believe him to be a combination of both, but more so the great giant of industry.
Carnegie saw how bad the wooden railroads were, so he proceeded to slowly replace them with iron ones. Carnegie's charm, perception, and hard work led to becoming one of the world's most famous men of the time, and led to the first corporation in the world with a market capitalization in excess of one billion when he sold his companies to John Morgan who called them United States Steel Corporation.
John Rockefeller, one of the richest men in history, the man who ruled the oil industry with an iron fist. Despite all the cruel things he’s done, he’s made up in glorious ones. Rockefeller felt that with all the money he’s got wasn’t meant for one man, so he donated it among to those who he felt needed it. To places he believed that it would benefit the world.