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andrew carnegie 2nd industrial revolution
Andrew Carnegie Industry
the autobiography of andrew carnegie essay
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America gained an influential philanthropist and businessman when Andrew Carnegie rose to success through his steel company. Andrew Carnegie (1835-1919), was a Scottish immigrant who emigrated to the United States after his father found it hard to find work. After settling near Lake Erie, Carnegie regretted not having an education but took advantage of a personal library that provided access to any boys working there. Carnegie worked his way up through many positions such as a telegraph messenger, personal secretary, and head of the Pittsburgh division to become a successful steel company businessman. Was Andrew Carnegie: The Father of Vertical Integration, a hero? A hero is someone who has financial success, intelligence, and concern for others. …show more content…
Carnegie thrived in business when he took his own advice throughout many situations in his life. Harold C. Livesay in Andrew Carnegie and the Rise of Big Business, comments on how Carnegie was always on his toes when it came to his steel business and when it came to competition. Livesay also mentions how Carnegie gave Doubleday advice in leaving a poorly ran company. (Doc. 3). Carnegie was a role model to other businessmen. He paid well attention to his costs and earnings, also growing competitive as business competition stiffened. In addition to his competition, Carnegie bought out his competition and provided jobs for many workers. In Document 5, Carnegie’s business technique of Vertical Integration portrays Carnegie’s properties starting from raw material to manufacturing. Carnegie’s many properties depicted him out as a very successful man and attracted envy from other businessmen. This evidence helps explain why Andrew Carnegie was a hero because Carnegie’s role modeling and advice helped other businessmen take care of their properties better and may have granted them to be financially prospered as well. Andrew Carnegie can be connected to the intelligence trait because his own advice allowed him to change America’s industrial life and allowed him to be …show more content…
Financial success, intelligence, and concern for others are some traits that make Andrew Carnegie a unique hero. Although Andrew Carnegie later on lost public support on his ideas, his appearence of a “hero” to Americans remains because of his impact in “improving the humankind”. Andrew Carnegie and heroism are important today because of his selfless humanity towards the world and business
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.
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.
In conclusion both Andrew Carnegie and Steve Jobs were very successful hard working entrepreneurs. They impacted America in such a way that their innovations and business ideas have changed the way we look and use technology today. They are true Captains of Industry who used their power, success and wealth to help their communities and America
Andrew Carnegie had no competition. By 1900 Carnegie Steel produced more metal than all of Great Britain. He controlled almost all of the steel produced and used in America. Carnegie used vertical integration, which means that he owned all the companies and resources need to make and process steel, thus giving him the edge and he was able to cut down costs.
Andrew Carnegie and his philanthropy made him a hero because he helped more people than harm in the long run, by this I mean he helped other countries. He also sets a great example to everyone that helping others or someone is not something you need to wait to do when you are no longer living. If someone needed help and even a stable person had the choice to help but until they are no longer alive has little meaning. Perhaps it would be too late when the person isn’t around anymore. Its about what someone can do to help when they are around, it is about what a person can do in the time of need even if it is not much but a little of anything can go a long way. In (Doc C) there is a list of amounts of money that Carnegie has donated to various places which in total he has donated well over $271m but aside from that his corporation is giving out about $100m a year, most of it to education (Doc C)
Andrew Carnegie did not display heroic qualities because he was a dishonest man who had no concern for others seeing as he done his competitors dirty and treated his workers terribly. “Carnegie sent out a circular (notice)
...se. What Carnegie had in mind was that the millionaire, although by definition wealthy, should never forget the relationship between his wealth and the community from which his income was derived (Lena). Overall, this brief biography on Carnegie’s climb through big business is a readable book that gives the reader historical context, and an understanding of Carnegie’s genius capitalist and entrepreneurial intellect.
During the rise of industry and unions in the United States, society, politics, and economics were all developing into what we know as life today. Some influencers of these reforms were businessmen who grew a small business into what was essentially an empire. Their hold on big business caused any other businesses to fail, leading to the formation of economic policy over monopolies. One of these businessmen, Andrew Carnegie, built a steel monopoly that, through vertical integration, liquidated any steel-related competition. Carnegie changed big business in the United States by influencing business policies, paving the path for future large companies, and inspiring the wealthy to help the poor and general society.
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.
Growing up as a young boy in Scotland, Carnegie's family was not very wealthy. They immigrated to America where Carnegie went from working as a bobbin boy, making $1.20 per hour, to making millions of dollars later in his life. Carnegie did not become wealthy by unethical means, as a Robber Baron would. Instead he worked very hard and wise to get to where he was during that time. Andrew Carnegie came from "rags to riches" in his lifetime and it paid off.
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.
Andrew Carnegie did not seem to care for others because while his workers were losing money, Carnegie was donating money to other countries, and even different organizations. Most of Andrew Carnegie's actions showed greed and pride. Carnegie might have been a hero by giving away most of his money. He still died rich, as he said before “He who dies, rich dies disgraced” Don't be fooled by what others tell you, t ould always be sugarcoated. Not everything we see or hear is true. Carnegie treated most people wrongfully. While he was playing all fun and games, donating to others. Carnegie might have been a hero in the eyes of others, but not everyone sees him the same wa. Don't be
While Carnegie held the aptitude for greatness regardless of his surroundings, without free enterprise, he would not have even had to option to take a chance or to explore new ideas. In regulated economies, not only is the currency and producer-consumer relationship controlled by the government, many times the media is as well, as not to create a system in which citizens long for something else. In this case Carnegie would not have had the access to the learning resources that he did, and would never have learned how to use a telegraph machine. There would have been no room for lateral growth, and the world as we know it may not exist without Carnegie’s courage and yearning to better himself and the world.
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
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.