Andrew Carnegie was an ambitious millionaire‚ who earned his way from rags to riches. How did he do it though? Did he cheat and deceive people‚ (Robber Baron)‚ or did he earn his riches fairly (Captain of Industry). These are all frequently asked questions‚ and I hope this summary will give you some answers. Andrew Carnegie was born on November 25th‚ 1835‚ in Dunfermline‚ Scotland. He was born into an average class family of four. His father worked in the weaving industry‚ and was also part of
Premium Andrew Carnegie United States John D. Rockefeller
rapid industrialization and extreme economical expansion and wealth for America. Many businessmen such as J.P. Morgan‚ John D. Rockefeller and Cornelius Vanderbilt among others reached the pinnacle of wealth and amassed huge amounts of money. Many individuals developed contrasting attitudes and views on this newly created wealth. Among these individuals were Andrew Carnegie‚ Eugene V. Debs‚ and Booker T. Washington. Seemingly similar people‚ and yet they were almost completely different. One was a
Premium Andrew Carnegie Booker T. Washington W. E. B. Du Bois
Mosqueda Mr. Webb US History 16 September 2013 Andrew Carnegie: Robber Baron or Captain of industry? Andrew Carnegie was both a Robber Baron and a Captain of Industry. Growing up as an immigrant‚ who started with nothing at all‚ he became greedy with his money. He was a big business leader who builds up the community but treated his workers poorly. Carnegie created thousands of jobs for people but did not provide his workers with safety equipment and had
Free Wealth Wage
My Ma English 1A Prof. James Click 2-19-2014 The Problem of Rich and Poor For centuries‚ many philosophers have discussed the issue of class struggle. Karl Marx and Andrew Carnegie both developed theories of the unequal distribution of wealth a long time ago; however the only Carnegie’s ideology could apply to American society today. In “The Communist Manifesto”‚ Marx first introduces the two main social classes: bourgeois (the upper class) and proletarians (the lower class or working
Premium Marxism Working class Capitalism
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 the
Premium United States Ulysses S. Grant Invention
John Rockefeller was a business magnate and philanthropist‚ who was born on July 8th‚ 1839 in Richford‚ NY. He was the founder of Standard Oil‚ which he founded in 1870‚ becoming one of the richest men on earth. John was born in a humble family which is why his quote “If your only goal is to become rich‚ you will never achieve it” signifies it. He started if as a poor young boy and became the richest man in the world‚ that takes a lot of sacrifice and work. Early Life John Rockefeller was born in
Premium
John D. Rockefeller John D Rockefeller‚ an American Industrialist and Philanthropist‚ was known for many things. At the young age of 19 he started his own company and later he founded the Standard Oil Company and the Rockefeller foundation. John Davison Rockefeller was the world’s first millionaire. In 1859‚ at the age of 19‚ he started his first company with a young Englishman. The company name was Clark and Rockefeller. The first year alone‚ the company grossed four hundred fifty thousand dollars
Premium Balance sheet Stock Generally Accepted Accounting Principles
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
Premium Wealth English-language films Death
Rockefeller was a Captain of Industry because of his methods of business. He used rebates to lower the price for his consumers. Lowering the price means the consumer won’t feel robbed. This shows Rockefeller to be a Captain of Industry. Rockefeller’s monopoly boomed when the automobile was created1. It’s natural for one company to be bettered by the creation of an object. Therefore‚ Rockefeller was a Captain of Industry through his legal methods of gaining wealth. Rockefeller was a Captain of Industry
Premium Economics United States Capitalism
hardships in their lives. They all had mentors who helped them become the businessmen they had become. Money did not buy John D. Rockefeller‚ Andrew Carnegie‚ and John P. Morgan Jr. individual or collective happiness. John D. Rockefeller did not want anyone to be above him or to beat him in the competition between the founders of the industrial economy. Rockefeller view of his life changed when the train he was suppose to be on crashes and kills everybody on board. He was suppose to be on
Premium Happiness Wealth Andrew Carnegie