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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be characterized as captains of industry. Amongst them was Andrew Carnegie the owner of steel works company and J. Pierpont Morgan a seminal financiers. Andrew Carnegie was born on November 25‚ 1835. He began his career around 1870. During 1872 Carnegie traveled to London and was introduced to the new Bessemer methods of producing steel. he soon returned to the United States to create a million dollar steel plant. by 1800 Carnegie started to produce 10‚000 tons of steel a month. He accumulated
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Adams‚ I’m your host Margaret Mary. Today I will be 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
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by paying a substitute. Morgan was very important in dealing with many financial crises. After gaining so much money‚ Morgan would use it on buying expensive art collections (History). This was not the ideal figure of an “American Hero”. Andrew Carnegie was born in Scotland to a modest family. He then moved to the United States and became a “bobbin boy” and
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companies. Two of the most famous entrepreneurs‚ Andrew Carnegie and John D. Rockefeller‚ were the most renown of these people. Their success is seen through all the things that are named after them - the Carnegie Library‚ Carnegie Hall‚ Carnegie Mellon University‚ Rockefeller Foundation‚ Rockefeller Center‚ and many more. Though they may seem very much alike‚ these two businessmen share differences as well. Despite the fact that Andrew Carnegie and John D. Rockefeller gained their position in two diverse
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industrialists of this time that I researched were Andrew Carnegie‚ Jay Gould‚ Cornelius Vanderbilt‚ and John D. Rockefeller. Out these four industrialists the only one that is a Captain of Industry in my opinion is Andrew Carnegie. Carnegie proved that he was a Captain of Industry in many ways by building the largest steel industry of his time‚ donating his fortune to fund libraries‚ and by founding and constructing many buildings; including the Carnegie hall in New York City. He also created a pension fund
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positive way. This includes increasing the availability of goods‚ creating more and new jobs‚ and donating money to benefit the well being of the people. Some of them men that were considered to be Captains of Industry" were men like J.P. Morgan‚ Andrew Carnegie‚ John D. Rockefeller. J.P. Morgan was a banker and a American Financier‚ who at the turn of the century‚ was one of the wealthiest men in America. J. P. Morgan backed the Edison Electric Illuminating Company in 1822 which began the great electric
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