Robber Barons Captains Of Industry
Veasna Em
Pd.8
R.U.S.H.
Robber Barons or Captains of Industry?
Many people believe that the entrepreneurs of the Gilded Age were Robber Barons, while others believe they were true Captains of Industry. What is your opinion? The Gilded Age was a time period in which the U.S. experienced intense economic growth, some of the entrepreneurs of the time were John D. Rockefeller, Andrew Carnegie, and J.P. Morgan. The definition of a
Robber Baron is
American capitalist who acquired a fortune in the late nineteenth century by ruthless means. The definition of a Captain of Industry is a business leader whose means of amassing a personal fortune contributes positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy. In my personal opinion, I believe the entrepreneurs of this time were Captains of
Industry, I believe this because they helped the national economy drastically, they helped the
U.S. with the victories in WW1 and WW2, and they also contributed the most to the society.
The entrepreneurs of the time helped boost the economy drastically by creating large businesses and industries. There was John D. Rockefeller and the oil industry, Vanderbilt and the railroad industry, and J.P. Morgan and the steel industry. J.P. Morgan helped the government in so many ways. “
In 1901, J. P. Morgan’s U.S. Steel was the first billiondollar company in the world with an authorized capitalization of $1.2 billion. The size and productivity of U.S. Steel allowed the U.S. to compete globally against countries such as Britain and Germany,”(Captains of Industry.doc). The actions of these businessmen helped the U.S. become the world’s leading
industrial power, with the U.S. producing as much as Germany, Great Britain, and France combined. The manufacturing output in the U.S. increased by 180 percent.
“Had it not been for these Captains of Industry, the free world
Pd.8
R.U.S.H.
Robber Barons or Captains of Industry?
Many people believe that the entrepreneurs of the Gilded Age were Robber Barons, while others believe they were true Captains of Industry. What is your opinion? The Gilded Age was a time period in which the U.S. experienced intense economic growth, some of the entrepreneurs of the time were John D. Rockefeller, Andrew Carnegie, and J.P. Morgan. The definition of a
Robber Baron is
American capitalist who acquired a fortune in the late nineteenth century by ruthless means. The definition of a Captain of Industry is a business leader whose means of amassing a personal fortune contributes positively to the country in some way. This may have been through increased productivity, expansion of markets, providing more jobs, or acts of philanthropy. In my personal opinion, I believe the entrepreneurs of this time were Captains of
Industry, I believe this because they helped the national economy drastically, they helped the
U.S. with the victories in WW1 and WW2, and they also contributed the most to the society.
The entrepreneurs of the time helped boost the economy drastically by creating large businesses and industries. There was John D. Rockefeller and the oil industry, Vanderbilt and the railroad industry, and J.P. Morgan and the steel industry. J.P. Morgan helped the government in so many ways. “
In 1901, J. P. Morgan’s U.S. Steel was the first billiondollar company in the world with an authorized capitalization of $1.2 billion. The size and productivity of U.S. Steel allowed the U.S. to compete globally against countries such as Britain and Germany,”(Captains of Industry.doc). The actions of these businessmen helped the U.S. become the world’s leading
industrial power, with the U.S. producing as much as Germany, Great Britain, and France combined. The manufacturing output in the U.S. increased by 180 percent.
“Had it not been for these Captains of Industry, the free world