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 was the classic rags to riches story, the penniless immigrant who made it big in the land of opportunity. Carnegie was born in Dunfermline, Scotland, and migrated to America in 1848 at the age of 13. His first job was in a cotton mill, earning a measly $1.20 each week. Carnegie was ambitious and determined though and by the next year had gotten a job in a Pittsburg telegraph office. It was here he got his foot in the door to the business of Pittsburg. This allowed him to begin a job at the Pennsylvania Railroad as a secretary to the railroad official, Thomas Scott. By making wise choices, taking contro...
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- During the late 19th and early 20th centuries, the strength of the U.S. economy began transitioning from agricultural to industry. A variety of factors sparked this industrial revolution, but the genius industrial leaders, particularly Andrew Carnegie, allowed big business to take over and dominate the economy. As evidenced in Andrew Carnegie and the Rise of Big Business by Harold C. Livesay, Carnegie mastered and understood the organizational structures and technological factors necessary to run a profitable business.... [tags: Andrew Carnegie, Homestead Strike]
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- The Industrial Revolutions The first industrial revolution lasted from approximately 1760 until 1830, while the second industrial revolution would occur from roughly 1830 until the early 1900’s. The first industrial revolution would permanently change human society forever. Power, transportation and production were key aspects that contributed the first revolution. The second revolution will see a increase in business size and business organization. It was prior to the first industrial revolution that traditional manufacturing was operating on a small skilled and custom scale.... [tags: Industrial Revolution, Capitalism, Cotton]
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