Andrew Carnegie talks about how the upper class have a responsibility to reduce excess wealth by being charitable to highlight the issues of wealth inequality. He suggests that society can use the wealth from the upper class more responsibly than the state. In the article‚ he talks about his dislike of people using money irresponsibly on material things. He suggests when the upper class distribute their wealth‚ they should do it in a way the promote responsible spending. He talks about how there
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Andrew Carnegie: The Father of Middle-Class America For decades Americans couldn’t help but love the red-headed‚ fun-loving Little Orphan Annie. The image of the little girl moving so quickly from poverty to wealth provided hope for the poor in the 1930s‚ and her story continues to be a dream of what the future just might hold. The rags-to-riches phenomenon is the heart of the American Dream. And few other people have embodied this phenomenon as much as Andrew Carnegie did in the late 1800s and early
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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
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Andrew Carnegie‚ a Scottish immigrant‚ rose from a job cleaning bobbins in a textile factory to become one of the richest men in America. While Carnegie was a teenager‚ his skill as a telegraph operator caught the attention of Tom Scott. Scott hired Carnegie and lent him money for his first foray into Wall Street investment. In 1872‚ Andrew Carnegie built the world’s largest‚ most up-to-date steel mill in Braddock‚ Pennsylvania. At the time‚ steelmakers produced about 70 tons a week and in 20 years
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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
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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
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John D. Rockefeller was a captain of industry who helped to make America strong. As much as a good as person he was‚ he was also a robber baron who used ruthless business practices to enrich himself. In 1839 – 1937‚ Rockefeller was a very important American industrialist‚ philanthropist and a founder of many important places. John D. Rockefellers’ business career was being the main founder and one of the chairmen of the Standard Oil Company. Rockefeller was an intellectual man in the organization
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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
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Business I chose to research is Andrew Carnegie. In this paper I will include how was his business and how did Mr. Carnegie started his business. I will also talk about how his business grew to the level it did. The good and bad effects of the business in the 19th century‚ How Mr. Carnegie business affected society today‚ what were the pros and cons of this business‚ if this cons and pros still exist. Andrew Carnegie was an industrialist and philanthropist. Andrew Carnegie was born in November 25‚
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In a sense‚ Vanderbilt and Rockefeller are captains of the industry but only by using a capitalist approach with intensive labor. Using false hopes for the immigrants that wanted a better life. Feeding them lies and poor wages which explains their robber baron intent. These men upon lucky made their wealth. The fact is that these millionaires trapped people into the notion that American dream to work hard and you too can obtain wealth. Understanding that social Darwinism implements the survival of
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