Andrew Carnegie was constantly trying to make money. Switching from job to job to get more money and later in
Andrew Carnegie was constantly trying to make money. Switching from job to job to get more money and later in
By far the most profitable businessman during his age, Andrew Carnegie left his mark on industry, and profoundly impacted the expansion of business enterprise in America. Essentially, Carnegie rose from poverty to become one of the most influential, industrial tycoon’s in history by single-handedly building the American steel industry. During his time, Carnegie was known as being a prolific writer, but is most remembered for the entrepreneurial, and philanthropic career he created himself. By initiating numerous opportunities, consistently working hard, and being a fast learner, Carnegie was able to successfully build an empire of wealth not only for himself, but to greatly benefit America’s leading business industry we recognize today.…
The industrialists were captains of industry because they Put in time and effort into making the economy stronger and bigger. Captains of industry are considered people who are very high on the social chain. Carnegie & Rockefeller were both considered captains of industry rather than robber barons because they did more good rather than bad. These people benefited society and helped created better or stronger ideas that helped businesses or helped save lives. These industrialists weren’t considered robber barons because they weren’t harming the environment, society and they weren’t robbing people of their innocence and freedom, they were helping people live better lives.…
Andrew Carnegie and John D. Rockefeller, were both at one point in there life’s the richest men in the world. However they both had very different trails getting to their fortunes. Rockefeller was more or less handed money being part of the prestige aristocracy, however he was a very shred and organized man. He stressed the idea of planning ahead and never procrastinating, in most cases he was a penny-pinching millionaire. Even as a child he was always very organized and always planned ahead. This helped contribute to his success in his life with is Oil Company. Andrew Carnegie was not as fortunate as Rockefeller; he was an Irish Immigrant and at one point in his life was making a $1.70 a week. He was the epitome of the American dream; he rose…
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.…
In the early 1900s, businesses were thriving and the competition to be the wealthiest was through the roof. Andrew Carnegie and John Rockefeller were two of the most important men in America. Carnegie was the leader of the Steel industry and Rockefeller was the leader of the oil. These two men despised the idea of the other. Carnegie always wanted to be the wealthiest and was always thinking of new ways to be wealthier than Rockefeller. Carnegie came to a point in his career where he would have to come to a decision on what type of business he would run. It depended on if he could become the dirty type of business man. Carnegie decided to hire a man named Henry Frick, and together, these men would make profits and reach goals Carnegie thought unimaginable. Through fierce competition, these three men shaped the future of American business.…
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…
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.…
This quote shows the author’s point that Andrew Carnegie was a wise man used his experiences to better benefit his companies.…
Andrew Carnegie was born in Dunfermline, Scotland, in 1835. "Protected by proud and self-sacrificing parents, Andrew may not have known in these years what real poverty was "(Wall, Andrew Carnegie)…
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’s views on wealth compared to the view of an average coal miner differ. Carnegie is the ultimate “rags to riches” story. As a young boy, Carnegie worked with Thomas A. Scott, his mentor, and through hard work, he became one of the richest men in history. However, money wasn’t everything to him. On the other hand, the average coal miners were in constant danger. They worked with the constant fear that they can be killed by “burning gas” or “crushed by cars.” However, the average coal miner’s pay varied from “$1.25 to $1.25.”…
Andrew Carnegie moved from Scotland to America, when he was thirteen, with his parents. The Carnegies lived in Pittsburg, which Carnegie described as very unpleasant. Carnegie is on record saying the smoke in the air from the nearby industrial buildings was unbearable. This was the beginning of one of the conflicts Carnegie faced throughout his whole life. Carnegie is disgusted with how the industrialized society affects the world he lives in, but he builds a legacy from the same means that he has such hatred for.…
Carnegie’s uncle recommended Carnegie to become a telegraph messenger boy in the Ohio Telegraph Company. Carnegie could have chosen another job to begin his career, yet Carnegie listened to his uncle and made the decision of being associated with railroads because the railroad business was a successful business at his time. Carnegie identified himself as a hard worker and his hard work soon brought many opportunities. He later joined the Pennsylvania Railroad company which soon led to a huge success. Carnegie learned many skills vital for his success later in his career. In 1864, Carnegie made the decision to invest in a farm. One year later, the farm profited over $1 million as well as ample amounts of petroleum.…
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 a few different ways that people choose to pass on their money, one of which the wealthy would leave the surplus of money, once they deceased, to a loved one through a will. Carnegie’s outlook on this was not agreeable mainly because he believed that the person that would inherit the money would utilize it in the wrong ways and would not be grateful for what their loved one that left it to them did to gain it in the first place. Another way the wealthy would pass on their money would be to leave it to a charity after the passed away. Once again Carnegie did not agree to this method as well. He believed that it was a better way to pass on the surplus of cash, but not the best. He believed that the person that donated the money after they passed should have been donating the money all through out their life, and by not doing so makes it seem like he wanted to be buried with it. Carnegie believed his method of utilizing the wealth through out life was the better path, because not only would the rich man be helping the community through out their lives but also once they pass away. The rich man would also become very respected and popular while utilizing Carnegie’s method, and in the end very famous usually leading to some sort of…
While Carnegie was working for the railroad he started to make investment. He left the railroad in1865 to go and focus on his other business interest. By the next decade, most of Carnegie’s time was dedicated to the steel industry. This start-to-finish strategy helped Carnegie become the dominant force in the industry and an exceedingly wealthy…