The life of Andrew Carnegie is a good example of a real "rags to riches" story. He was born to a poor Scottish family that immigrated to the United States. Later, Carnegie became a powerful businessman and a leading force in the American steel industry. Now, he is remembered as an industrialist, millionaire, and philanthropist. With Carnegie's creed that the wealthy population had an unwritten obligation to give back to society, much of his fortune was donated to causes concerning peace and education.…
In document 7 it states that “In 1882 the Carnegie Steel Company...inaugurated a policy whose object was to control all factors which contributed to the production of steel, from the ore and coal in the ground to the steel billet and the steel rail.” Andrew Carnegie’s company basically owned iron mines, steel mills, railroads, and shipping lines. Rockefeller used his profits to buy other oil companies and ended rivalry in the oil industry by forming the Standard Oil Trust. J.P. Morgan created a banking monopoly, Swift and Armour possessed meat packing, and Vanderbilt created a railroad…
Andrew Carnegie was a very successful businessman. He was an idealist and one of the most important philanthropists of his time. He started Pittsburg’s Carnegie Steel Company, which he later joined with Elhert H. Gary’s federal steel company and several smaller companies to create U.S. Steel. The wealth from his success abled him to build foundations and institutions like Carnegie Hall. After his huge role in the steel business he spent most of the rest of his life as a philanthropist.…
He created a stronger type of steel that was not only the most effective, but the most efficient as well. Andrew Carnegie also had a strategy of his own. He believed that the only way to become a great businessman was to control monopolies and control the step of the process in materials. Carnegie definitely had a different side to him. He was a cruel businessman to his workers and a very kind philanthropist. He would poorly pay his workers, as well as leave them poorly housed. Carnegie was really never close to his workers and the wages that they had were very low compared to other steel industries. Nevertheless, he believed that "the man who dies rich, dies disgraced and a rich man should use his money for the benefit of others" (Youngs 33.) In Carnegies older years, he devoted himself entirely to his philanthropist's beliefs' after he sold his business. Carnegie built libraries around the world, but focused especially on the United States. He opened up galleries, museums, music halls, and technical schools. He also encouraged research and higher learning to others. Carnegie also established a donation to permanently seek an end to war. His donations totaled about 350 million…
He was a ‘hero’ in the sense that he gave away most of his money to establish many libraries, schools, and universities in America, the UK and other countries, as well as establish a pension fund for former employees.Carnegie felt that money is like manure, i.e., it does no good unless you spread it around. Aside from his well-known steel business that he sold to J.P. Morgan who formed US Steel, the philanthropic qualities of the man are most remembered. As Andrew Carnegie himself said on the subject of wealth: “Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.”,“There is no class so pitiably wretched as that which possesses money and nothing else.”“I resolved to stop accumulating and begin the infinitely more serious and difficult task of wise distribution.”…
J.P. Morgan: the banker who bought the Carnegie steel empire which became the core of the United States Steel Company.…
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 many of them work in dangerous conditions. He helped out the community in many ways but still treated his workers/people poorly.…
Andrew Carnegie was one of the wealthiest men of the 19th century. Born in Scotland and migrated to the United states, Carnegie was a true self made businessman. After coming to the States Carnegie got a job working for $1.20 a week, and from there he went on to create Carnegie Steel Corporation and making millions. Andrew Carnegie grew up in a family that believed in self learning so Carnegie new the importance of knowledge from a young age. This helped drive him to pursue his dreams and make money.…
The information you present on the life of Andrew Carnegie is extremely informative. Additionally, it helps readers to understand the entire life of Carnegie and the birth of the steel industry. Furthermore, you did a wonderful job capturing the labor disputes between the unions and the Carnegie Steel Company. Moreover, the data you present regarding Carnegie philanthropy work highlights the compassionate side of Carnegie well. Now, considering specifically the information regarding the Pinkerton Militia, do you feel had that group not been a part of negotiations the loss of life could have been significantly less? Finally, wonderful job with your essay topic, I cannot wait to read more from you on the next assignment.…
Carnegie was born in Scotland during 1835 and immigrated to the U.S. with his family, at a young age. When he started working in the U.S. he was at the bottom: a cotton mill worker. Several years later he started working for a telegraph company, which paid better than the mill. Two years…
Andrew Carnegie, the ambitious and skilled king of steel during the late 1800s, was the most famous man in business of his time. He certainly had his many flaws and as the most famous American of those days, his faults were highly talked about. Carnegie was not perfect and made his share of choices that many people saw as misdeeds, but that is like how everyone in the world is. Carnegie was a hero of his day because he showed the characteristics of being capable, responsible, and philanthropic.…
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 United States. He foresaw that following the Civil War steel was going to be an important part of American life. He decided that it would be a smart idea to invest in the developing industry and that decision paid off enormously. (Amer. Exp.) He worked to modernize the United States through the building of bridges, railroads, and other vital roadways, which in turn brought the country together. By 1900, Carnegie Steel Juggernaut produced more steel, than all of Great Britain.…
I first came to SA on November 27, 1992, and I've been sober ever since. When someone asks me what I've done to stay sober, my answer is always the same: "I don't know. I did not do it; I have a Higher Power Jewish Manwho shows me that He can do it." I thank God every day for my sobriety—but I'm in a very hard place today.…
Andrew Carnige is one of the most important historical figures in america. For many reasons including his wealth. He's know for his numerous donations to society such as the carnigie music hall, caringeie melon university and many libriaes across the country. But just because a man donated most of his wealth to charities that benefited the well off? No Andrew carnage used numours dirty tatics to undercut competitors and treated employees like slaves.…
This current usage of the adjective form of the term is misleading, incorrect, and unfair. Puritans cautioned against excess of merry-making. The Mather quote is appropriate: “Wine is of God… but the drunkard is from the Devil.”…