Despite the fact that many had viewed John D. Rockefeller and Andrew Carnegie as "Tycoons of Industry" or "Robber Barons"‚ these two industrial giants begged to differ. "Robber Baron" was a name given to industrial giants in the late 19th century who were believed to have become wealthy through unethical means‚ such as questionable stock-market operations. Rockefeller once stated "...and only through such successive steps and by a great aggregation of capital is America today enabled to utilize the
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Andrew Carnegie was a man with a strong outlook on how the wealthy should utilize their abundant amounts of cash. Although there were many other ways to dispose of the surplus of cash from the wealthy he favored mainly one. He believed that if the wealthy people in America would spend money through out their life on not only themselves but to also help the communities and charities‚ that they would become more respected through their life and also help America’s economy stay strong There were also
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Andrew Carnegie was a “prime representative of the industrial age.” Although he exhibited atypical attributes‚ he was more of a typical leader of the time period. He was able to become one of the world’s richest men because of how he produced steel. His mind set and thinking enabled him to be labeled one of a small group of prime representatives of the Industrial Revolution. Others would like to disagree because they believed him to be a selfish and cruel man that only cared for his business and
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Leadership effectiveness report – Andrew Carnegie In this report‚ I will introduce an effective leader -- Andrew Carnegie‚ a famous entrepreneur who led the steel industry to expanse and develop in whole America in the late 19th century. This Scottish-American man achieved in being the richest industrialist in early 20th century by starting his first job as a bobbin factory worker‚ after years of effort‚ he built his Carnegie Steel Company‚ which later on merged with Federal Steel Company and
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believed that these Americans were either Captains of Industry or portrayed as a Robber Baron. In this time period‚ a Robber Baron was an industrialist who took advantage of one’s wealth and used it to gain power. A Captain of Industry was seen as a hero to the Americans with a “rag to riches” story. During the Gilded Age‚ a Robber Baron was more common because industry would not have rose so high without corrupt and evil businessmen. The Gilded Age contained many industrial opportunities. These
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world. As historians have reviewed their great achievements historians have become critics questioning how honest the fortunes of these leaders were. They pondered the tactics of great leaders such as John D. Rockefeller‚ J. Pierpont Morgan‚ and Andrew Carnegie. The morals of these businessmen and their strategies were the leading topic of discussion‚ whether to classify them as "robber barons" or "industrial statesmen". Glancing at the achievements of these great figures in history it appears that
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Rags to Riches Harold Livesay’s Andrew Carnegie and the Rise to Big Business portrayed Andrew Carnegie as a perfect example of the American Dream. From rags to riches is a journey that Andrew Carnegie portrayed through out his life. He was born into poverty in Scotland‚ moving to America in 1848. Andrew Carnegie started as a bobbin boy to one of the first tycoons of big business in America. With the jobs he did hold he applied the knowledge and techniques from job to job to generate his fortunes
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History Essay Bell 1 Would a robber baron donate all of his hard earned money back to the public? Andrew Carnegie is a Captain of Industry because of his great work ethic‚ how he created many jobs‚ and how he spent his money. The first reason of why he is a Captain of Industry is because of his great work ethic. Andrew first started out as a messenger for a telegram company and Andrew being the great kid he was‚ went the extra mile and did the job the best he possibly could. After getting
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ways of American business agreements. The Homestead Strike changed the traditional American business environment by creating new laws and the awareness of the need for peace in business world. The Carnegie Steel Company was a successful factory‚ which employed many hundred of workers. Andrew Carnegie‚ who was the owner of the company‚ wanted a large successful business‚ which he had achieved already‚ but he was always looking for ways to save and make more money. By 1892‚ unions had been formed
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that came to the United States in the late 1800’s‚ led to the industrial growth of our country. Some of these immigrants contributed brilliant ideas and new inventions. One of the great minds‚ which helped our great country grow‚ was Andrew Carnegie. Andrew Carnegie was one of America greatest industrialist. He moved to the United States at the age of 13. He was the son of a poor Scottish textilist‚ living in
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