few men to accept this change in the U.S.‚ Andrew Carnegie overcame his humble underpinnings and became the owner of one of the largest steel companies in the nation. Many poor laborers and citizens of limited means did not reap the benefits of the industrial age as a result of poor working and living conditions in this time. Mr. Carnegie wrote the article‚ The Gospel of Wealth‚ in response to the many critics of the Gilded Age. According to Carnegie‚ the Industrial Age of the U.S. was witness
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Andrew Carnegie‚ a man who was in the steel industry‚ one of the greatest things that ever happened to man kind. He used a system of vertical integration and he also bout his own coal mines and his own iron which made competitors go into danger because they had to buy there own raw materials for an extremely higher price. Carnegie was a philanthropist before all of this great success happened and he was also known for being involved in many public organizations because he built hundreds of public
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The three men‚ John D. Rockefeller‚ Andrew Carnegie‚ and J.P. Morgan‚ were seen as robber barons BUT they were also seen as industrial statesmen. Robber baron was a term given to the rich who would pretty much do anything for money whether that meant the jeopardy of workers’ lives and crooked business practices. John D. Rockefeller started a standard oil company and was the first American billionaire. John R. was considered a robber baron mainly because he used his insight of business to ruthlessly
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others‚ or dying for his country? Andrew Carnegie was no Ulysses Grant but he was also not Vanderbilt‚ Carnegie gave back to his country with the riches he earned. We cannot look upon Carnegie as being the child with the silver spoon in his mouth growing up. He was poor growing up and was business savvy which is how he became rich. We should not punish him for using his knowledge to become successful but we should look at what he did with the money. Andrew Carnegie was a hero‚ he not only brought
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and distant future. Anyone who accomplishes this task should be named the most influential person of the Twentieth Century. Because of Andrew Carnegie’s stand against harsh labor‚ expansion of the steel industry‚ and extreme generosity with ongoing philanthropic work‚ history will record him as the most influential person of the Twentieth Century. Carnegie is most widely known for his monopolization of the steel industry. He developed numerous companies to support the need for steel in the developing
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Who Were The Robber Barons?"A friendship founded on business is better than a business founded on friendship." These words ring true in the ears of business owners and CEOs even today. Who was the man that spoke these words that still have thought and meaning today? Why‚ none other than John D. Rockefeller. Rockefeller was one of the many "robber barons" of the gilded age. In case you were wondering‚ a robber baron is a "ruthlessly powerful U.S. capitalist or industrialist of the late 19th century
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between 1875 and 1900‚ the intention with which they did so has been a topic of dispute. While some historians described these capitalists as “captains of industry” others believed they were better described as “robber barons”. Of these two characterizations‚ the title of “robber barons” was more appropriate as most of them gained their wealth and power by fraudulent means — defying government regulation‚ using ruthless business schemes
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What is the American Dream? There are a myriad of aspects to it‚ but one general idea: the ideal life. It is making a lot of money‚ being respected‚ and triumphing difficult situations. The American Dream has been pursued by many‚ but only few make it all the way. One very good example of the American Dream is Andrew Carnegie‚ the founder of what is known as U.S. Steel. Carnegie was born in Scotland to a poor family. As a teen‚ he emigrated from Scotland to the United States. He was portrayed as
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system with huge industrial monarchs that left entire generations of immigrants broken and drained of individuality and spirit. Business leaders were very greedy and valued profit more than anything. Even safety wasn’t barely considered while the robber barons plotted ways to get rich and control the world. For example‚ the notorious Credit Mobilier construction company was hired by Congress in 1872 to help build the Union Pacific Railroad. The company had coaxed from Congress much more
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They created so many job opportunities‚ built industries that benefited the whole country and gave away much of their hard earned money. Capitalists of the nineteenth century may have been considered robber barons but they were for the most part captains of industry. The American Industrial Revolution fundamentally changed politics‚ society‚ and the economy. Factory workers and consumerism had changed immensely in the Gilded Age; about 400‚000 patents were made between 1875 and 1900 which signifies
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