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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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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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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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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Cornelius Vanderbilt‚ John D. Rockefeller‚ Andrew Carnegie‚ and J.P. Morgan. Through shipping and trains‚ oil and its development‚ steel and construction‚ and corporate finance‚ these men constructed the foundation of our country. Through their careers‚ these men saw much change during prosperous times that effected business then and ultimately in the long run. Cornelius Vanderbilt was an American industrialist and philanthropist. His claim to fame and fortune was through
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examples are John D. Rockefeller‚ John P. Morgan‚ and Cornelius Vanderbilt. In fact‚ one notable example is Andrew Carnegie. Nonetheless‚ Andrew was slightly different. He was a philanthropist. One illustration of his philosophies is stated in his article “Wealth.” Conversely‚ the less fortunate made these processes
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helped companies collect more profit. But industrialization also caused many problems that outweighed the gains of the machine age. It created mass poverty‚ overcrowding‚ horrible working conditions‚ unsanitary food‚ and increased city filth. Andrew Carnegie
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Andrew Carnegie‚ a man who was in the steel industry‚ one of the greatest things that ever happened to man kind. He used a system of vertical integration and he also bout his own coal mines and his own iron which made competitors go into danger because they had to buy there own raw materials for an extremely higher price. Carnegie was a philanthropist before all of this great success happened and he was also known for being involved in many public organizations because he built hundreds of public
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