selfishly before attempting to revolutionize the economy. The men who took advantage of these opportunities were more robber barons than they were industrial statesmen. More often than not‚ greed overcame their decisions as capitalists. During the Gilded Age‚ the leaders of industry worked towards self-interest‚ and thus were called "robber barons." In this time period‚ the focus of these barons was to earn as much money as possible. Many Americans were disgusted with this plan. The less-than-fortunate ridiculed
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different ideas on what to do with all that money. There was a wide range of viewpoints towards wealth in the late 19th century‚ and the viewpoints between Andrew Carnegie‚ Edward Bellamy‚ and John D. Rockefeller had substantial comparisons and contrasts that are crucial to our knowledge of today’s wealth in the economy. Andrew Carnegie was born in Scotland in 1835. He moved with his family to Allegheny‚ Pennsylvania at age thirteen and began his career as a bobbin boy in a cotton factory. He then
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To what extent was it justified to characterize the industrial leaders of the late 19th century as either “robber barons” or “captains of industry”? Document A Q: How is the freight and passenger pool working? W.V.: Very satisfactorily. I don’t like that expression “pool”‚ however‚ that’s a common construction applied by the people to a combination which the leading roads have entered into to keep rates at a point where they will pay dividends to the stockholders. The railroads are not run
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Write a coherent essay that integrates your interpretation of Documents A–H and your knowledge of the period to answer the following question: To what extent is it justified to characterize the industrial leaders of the 1865–1900 era as either “robber barons” or “industrial statesmen”? DOCUMENT A. Q: How is the freight and passenger pool working? W.V.: Very satisfactorily. I don’t like that expression “pool‚” how- ever‚ that’s a common construction applied by the people to a combi- nation which the
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Andrew Carnegie & John D. Rockefeller Two of the most well-known and successful companies of the Industrial Revolution were the Standard Oil Company‚ and the Carnegie Steel Company. Both were exceedingly successful in virtually removing all competition in their respective fields of business and controlling almost all of the production capacity of their respective products in the United States. Their founders‚ John D. Rockefeller of the Standard Oil Co.‚ and Andrew Carnegie of the Carnegie Steel
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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
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The Baron and His Baroness Before he left for a visit to his outlying districts‚ the jealous Baron warned his pretty wife‚ “Don’t leave the castle while I am gone‚ or I will punish you severely when I return!” But as the hours passed‚ the young Baroness grew lonely‚ and despite her husband’s warning decided to visit her lover who lived in the countryside nearby. The castle was located on an island in a wide‚ fast-flowing river‚ with a drawbridge linking the island to land at the narrowest point
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enabled men to access wealth. Andrew Carnegie is the perfect example of an entrepreneur and man who built the roots of American infrastructure. He can also lived the ‘perfect’ American dream. He has a typical ‘rags to riches’ story‚ which makes him a historical icon and an admirable man. Carnegie is known to have built a fortune on steel. However‚ the ways in which he made money could be considered an abuse to ethics and moral rights. Toward the end of his life‚ Carnegie decided to use his wealth for the
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Andrew Carnegie‚ The Selfish Philanthropist Andrew Carnegie‚ born on November 25‚ 1835‚ was a Scottish philanthropist who was one of the richest men in America in the 1900 ’s. I completely agree with Carnegie ’s opinion of how the rich should donate their money toward the good of mankind before they die‚ but disagree with his actions toward his workers . He started working in a cotton mill making $1.20 a week only to upgrade to $2.20 working as a messenger boy. He eventually taught himself telegraphy
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Chris Schiller Mr. Fisher History 7-2 April 3‚ 2013 Carnegie and Frick Essay During America’s Gilded Age‚ several industrial giants influenced the economic and political destiny of America with their wealth and power. Among these were Andrew Carnegie‚ immigrant steel tycoon of Pittsburgh and one of the richest Americans ever‚ and Henry Clay Frick‚ who built Pittsburgh’s coke industry and created one of the grandest private art collections ever in his New York mansion. These two men had tremendous
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