would be Carnegie being inexperienced and then owning Carnegie hall and like everything. Captains of Industry: During the days of the American Industrial evolution‚ names such as Carnegie‚ Morgan and Rockefeller regularly appeared in leading newspapers around the country. These were family dynasties that literally cornered the market on essential industries‚ including railroads‚ iron ore and coal. If the industrialist in question used his political and corporate influence for his own selfish ends
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Andrew Carnegie has a very unique perspective pertaining to the wealth in America and its distribution. Not only is he concerned about how much money is put to good use‚ but when; such as if the person donating the money is in life or after death. The “Gospel of Wealth” brings perspective of the nation’s money recirculation and the worth of a man by his generosity while living. Carnegie lists three ways how extra money (that is left behind) should be handled in America. First‚ Carnegie points
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is much debate over whether or not these industrial leaders are Robert Barons‚ as in they used people for their own gain‚ or Philanthropists‚ as they helped others and the greater good. Some might argue that these people cheated their way to the top to amass great wealth‚ with no regard to the people around them. However‚ Business Tycoons in the Gilded Age were Philanthropists because of how they spread their wealth through charitable giving‚ funding or sponsoring colleges and aiding economy. Generous
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"No person will make a great business who wants to do it all himself or get all the credit." (Carnegie) One of the major characteristics that define the success of this Golden age was that of the onset of the multitude of inventions that played a major role in the reformation of agriculture and lifestyle.The transformation of the United States into an industrial nation took place largely after the Civil War and on the Britsih model. Although the Industrial Revolution brought many positive inventions
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bottom‚ Andrew Carnegie altered and helped to construct how America is today. He was able to achieve this through his ownership of the Carnegie Steel Company‚ and his generosity that is described within his book‚ The Gospel Of Wealth‚ that discussed his views on how the wealthy had an obligation to give back to society. Carnegie’s philanthropy work was able to highlight his love for education by giving money for establishments of Libraries and foundations. Early life for Carnegie was not what most
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head of the railroad empire‚ John D. Rockefeller founded Standard Oil‚ Andrew Carnegie built an empire around steel‚ J.P. Morgan had lit up the world with electric light‚ Tom Scott was a great American businessman and industrialist and Henry Ford designed automobiles and started his own business‚ Ford Motor Company. Cornelius Vanderbilt‚ most commonly known as “The Commodore”‚ was an American businessman and philanthropist. Vanderbilt used perseverance‚ intelligence‚ and luck to work his way into leadership
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of industrial America. The misconception is that these men took advantage of a naïve and growing economy and reaped its benefits without giving anything in return. True‚ the majority of America was poor in comparison to the few elites‚ but the philanthropist efforts and contributions of these men cannot be denied. If not for these men and their efforts‚ there would have been no one to pave the road to America’s industrial domination. Successful capitalists of the late 1800s were referred to as
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who helped build the industrial economy in the U.S. had money‚ however they all had struggles and hardships in their lives. They all had mentors who helped them become the businessmen they had become. Money did not buy John D. Rockefeller‚ Andrew Carnegie‚ and John P. Morgan Jr. individual or collective happiness. John D. Rockefeller did not want anyone to be above him or to beat him in the competition between the founders of the industrial economy. Rockefeller view of his life changed
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people who basically cause this enormous catastrophe‚ he just concentrate in the horrible experience he thinks the people in Johnstown had. In my opinion‚ based in the discussion done in class‚ Andrew Carnegie‚ and Henry Frick were the main responsible of this event. Particularly‚ Andrew Carnegie who was the owner of the dam‚ failed to take the necessary measures so that this disaster wouldn’t happen. He and his colleagues actions were incredibly irresponsible because‚ if you’re a multimillionaire
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The three men‚ 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
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