everything was going good with money. Many great fortunes were created‚ Iron‚steel‚lumber‚gold‚sliver increased the demand for improved transportation. It produced a lot of wealth for businessperson like John D. Rockefeller who founded oil and also Andrew Carnegie in steel. 3. There were some reason why immigrants wanted to come to a new country and also leave there country. These are called the Push and Pull factors Immigrants wanted to leave there country because of wars and violence and political
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individual accomplishments towards organizational objectives. It is the fuel that allows common people to attain uncommon results.” Andrew Carnegie Teamwork has its own benefits that are evident to every human being. One of the most beneficial of the benefits is brainstorming. It also leads to other benefits. Collection of new ideas amongst people gives a chance to explore more and more
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William Graham Sumner’s beliefs‚ on the other hand‚ proved to be more callous than those of Andrew Carnegie. While Sumner agrees about the inevitability of poverty‚ he refutes Carnegie’s assertion that a rich man dies dishonored if he neglects to donate his wealth to charity. A proponent of Social Darwinism‚ Sumner believes that social inequality is the right and natural outcome of the struggles of men trying to succeed in the world‚ otherwise known as “survival of the fittest.” Consequently‚ the
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Chapter 24 Industry Comes of Age The Iron Colt Becomes an Iron Horse * After Lincolns death in 1865 the railroad production went up and by the 1900s it had gone up by at least 192‚556 miles * In 1862 congress began to advance liberal money loans to 2 favored cross continent companies and gave them a lot of acres paralleling the tracks. Washington gave the railroads 155‚504‚994 acres & the western states contributed 49 million more. * Land grants to railroads were made in broad belts
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Cited: Blakley‚ Derek. "U.S. History Workbook." Doc.3: Andrew Carnegie‚ Gospel of Wealth (1889). Lake Charles: McNeese State University History Department‚ 2007. Blakley‚ Derek. "U.S. History Workbook." Doc.6: Russell Cornwell‚ Acres of Diamonds (1901). Lake Charles: McNeese State University History Department‚ 2007
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In the late years of the Antebellum Era‚ the Second Industrial Revolution began to take root in America. By the 1870s‚ mass production and other efficient manufacturing methods allowed industry and big business to emerge and define an age referred to as the Gilded Age. Although the wealth of the businesses of the time cast an outward appearance of goodness and prosperity on the United States‚ in reality‚ big business was responsible for increasing social stratification as new depths of poverty and
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originally taken a hands off approach to business‚ was forced to step in. 1. Many individuals took advantage of the rapid industrialization and high influx of cheap labor in the form of immigrants. Among these entrepreneurs were John D. Rockefeller‚ Andrew Carnegie‚ Cornelius Vanderbilt‚ and George Pullman. Each made a name for themselves by forging their own corporate empire. Rockefeller was an industrialist and philanthropist who made his fortune by founding the Standard Oil Company in 1870. Attempting
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Ch. 24 1. Leland Stanford- He was one of the "Big Four" who backed the Central Pacific Railroad. He was the ex-governor of California with useful political connections. 2. Collis P. Huntington- He was one of the "Big Four" who was an adept lobbyist. 3. James J. Hill- He created the Great Northern railroad and was the greatest railroad builder of all time. 4. Cornelius Vanderbilt- He was the head of New York Central railroad and he financed successful western railroads. 5. Jay Gould-
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of the time. People like Tom Scott‚ Andrew Carnegie‚ John D. Rockefeller‚ and Cornelius Vanderbilt. The most featured of the 4 men of the film‚ and of the time‚ was Cornelius Vanderbilt who had a huge effect on the time. Abraham Lincoln was shot 5 days after the Civil War was ended. This shocked a proud nation that was once again united‚ but this nation had little time to stop progress. The nation was on the rise. Business was on the rise due to 4 men: Carnegie‚ Scott‚ Rockefeller‚ and Vanderbilt
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talking to three men who invented and innovated during the 1800s. Our first guest is the man who leads the steel industry. Ladies and Gentlemen‚ please welcome‚ the entrepreneur and philanthropist‚ Andrew Carnegie! Jack comes out Crowd applauds JACK How do you do ma’am? KATE Very well thank you. Andrew‚ tell us a little bit about yourself. JACK Well‚ there isn’t a lot to say. At age twelve my family immigrated from Scotland to America. My first job at my new home was to work at for a meager
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