Industrial Leaders – Robber barons or Industrial Statesmen? The late 19th century industrial leaders have often been called "industrial statesmen" for the great economic power they brought to America. However‚ they have also been called "robber barons” since they built this great wealth by abusing the system‚ their employees‚ and destroying their competitors. These kings of industry displayed characteristics of both industrial statesmen and robber barons. But which would better describe
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Henry Ford are robber barons or captains of industry. Robber barons were business leaders who built their fortunes by stealing from the public and captains of industry were business leaders who served their nation in a positive way. These three entrepreneurs were robber barons‚ for they either did many good things for the nation but had tricks up their sleeve‚ or were just leaders that treated people unfairly. Henry Ford‚ John D. Rockefeller‚ and Andrew Carnegie were robber barons during the 1900’s.
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Ciarra McGee Professor Frawley U.S. History 1302 6 November 2013 Robber Baron or Captain of Industry In the 1880’s‚ American industry grew due to many factors including “the emergence of a talented and often ruthless group of entrepreneurs” (Brinkley 396). According to those in favor of these entrepreneurs‚ these men worked hard‚ innovated technology and strategized competitively to transform the American economy; these “Captains of Industry‚” such as Andrew Carnegie‚ Cornelius Vanderbilt‚ J
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the building of their industries and wealth at the expense of their competitors has been earning some of these men the title of “Robber Barons”. I personally believe that these business men have negatively affected the people around them‚ making them titled as “Robber Barons”. I chose to talk about documents A‚ D‚ & E because they show /describe the “Robber Barons” the best. In document A it shows the picture named “Puck”. In this picture it shows the workers on the bottom‚ putting all this work
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“Captain of Industry” or “Robber Barons”? American Industrial leaders of the late 19th and 20th centuries have earned the right to be called “Captains of Industry”‚ although along the way they may have acted as “Robber Barons.”It is a difficult to put any of these people into only one category‚ because without one there would not be the other. Acting as a “Robber Barron” was merely a stepping stone or a means of moving themselves in a leadership position in order to achieve their goal. These people
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Captain of Industry or Robber Baron: J.P. Morgan J.P. Morgan was a post-civil war “captain of industry‚” separating him from the other “Greats” such as Cornelius Vanderbilt‚ John D. Rockefeller‚ and Andrew Carnegie because of his motives and his upbringing. A “robber baron” is most simply defined as an individual who has financial ambitions that cause him to knowingly take advantage of others for his own personal gain. A “captain of industry” seeks solutions to common problems‚ and though the outcome
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Describe the impact of industrialization in the U.S. 1850-1910. Where the early industrialist Captains of Industry or Robber Barons. -Robber Barron: Used to describe a businessman that used ruthless business tactics to amass a huge personal wealth. -Captain of Industry: Used to describe to describe a businessman whose means of amassing their fortune contributes positively to the country in some way. Industrial Captain vs. Robber Barron In the late 1800’s and into the early 1900’s the United
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John D. Rockefeller‚ Andrew Carnegie‚ and J.P. Morgan‚ were seen as robber barons BUT they were also seen as industrial statesmen. Robber baron was a term given to the rich who would pretty much do anything for money whether that meant the jeopardy of workers’ lives and crooked business practices. John D. Rockefeller started a standard oil company and was the first American billionaire. John R. was considered a robber baron mainly because he used his insight of business to ruthlessly force other oil
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What are robber barons? what did robber barons do during the railroad era? Robber Barons was the negative term for the titans of industry or‚ as Professor Donald Miller calls them‚ the capitalist conquistadors. These were the guys like Andrew Carnegie‚ Cornelius Vanderbilt‚ Gustavus Swift‚ Philip Armour‚ John D. Rockefeller and others who rose to the top and ran monopolies or near-monopolies in the Gilded Age (1870s-1900ish). They were seen as bad because they employed ruthless methods to run
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They created so many job opportunities‚ built industries that benefited the whole country and gave away much of their hard earned money. Capitalists of the nineteenth century may have been considered robber barons but they were for the most part captains of industry. The American Industrial Revolution fundamentally changed politics‚ society‚ and the economy. Factory workers and consumerism had changed immensely in the Gilded Age; about 400‚000 patents were made between 1875 and 1900 which signifies
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