Andrew Carnegie vs. John Rockefeller During the 1800’s‚ two men started as poor‚ working class citizens with a dream‚ a dream to become wealthy and be able to support their families. Both of these men made their dreams come true by ruthless tactics and sometimes were looked down on. These two men were Andrew Carnegie and John Rockefeller‚ the original entrepreneurs of America. Both men acquired mass fortunes and lived extravagant lives after they had retired‚ but they used their money for good;
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Despite the fact that many had viewed John D. Rockefeller and Andrew Carnegie as "Tycoons of Industry" or "Robber Barons"‚ these two industrial giants begged to differ. "Robber Baron" was a name given to industrial giants in the late 19th century who were believed to have become wealthy through unethical means‚ such as questionable stock-market operations. Rockefeller once stated "...and only through such successive steps and by a great aggregation of capital is America today enabled to utilize the
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Many associate the name Rockefeller with success and riches. However‚ John D. Rockefeller‚ the richest man of his time‚ may not be all that he was believed to be. Looking back into his life and his involvement in the oil business of the 1800’s‚ I am appalled to see the strategies and tactics he used in order to achieve such success. Although much can be learned from his tremendous business abilities‚ I do not agree with the methods Rockefeller used in order to gain so much power and riches. From
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Andrew Carnegie and John D. Rockefeller; Captains of industry‚ or robber barons? True‚ Andrew Carnegie and John D Rockefeller may have been the most influential businessmen of the 19th century‚ but was the way they conducted business proper? To fully answer this question‚ we must look at the following: First understand how Andrew Carnegie and John D. Rockefeller changed market of their industries. Second‚ look at the similarities and differences in how both men achieved domination. And
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Many in this world think that Rockefeller was a nice man because he donated to charities‚ some believe that he was a crooked man‚ who cheated his way through life. John D. Rockefeller was a successful man who started from almost nothing. He started from the bottom and worked his way to the top‚ but he knew the laws and he broke them. He was a true 1900s industrial robber barron. When Rockefeller was 16‚ he got a job as a bookkeeper’s assistant‚ that is when he knew he was a businessman. When he
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John D. Rockefeller was not a Robber Baron because he did nothing wrong‚ he was a product of the Industrial era‚ and played by its rules to attain the greatest victory‚ absolute economic success Rockefeller‚ Robber Baron or Captain of Industry? John D. Rockefeller was the first billionaire in the United States. He owned Standard Oil Company‚ and was the main person to organize the oil industry. When he was young‚ the company he was working for at the time sent him to oil country. He checked
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The government should break up Standard Oil’s monopoly. In 1870‚ John D. Rockefeller started his Oil corporation in Ohio. They had about 10‚000 shares. Him and‚ William Rockefeller‚ who was his brother‚ Henry Flagler‚ chemist Samuel Andrews‚ silent partner Stephen V. Harkness‚ and Oliver Burr Jennings all partnered up to make this company become one of the first and biggests around. Then about 37 stockholders decided to put their shares into trust with an organization called the trustees. This system
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In Episode 2 of "The Men Who Built America" America’s industries grew at a tremendously rapid pace. Tom Scott’s railroads connected the country. John D. Rockefeller’s oil industry was booming. Andrew Carnegie’s steel industry was beginning to build modern day America. With Carnegie’s success‚ troubles followed. Carnegie started off as a young apprentice to Tom Scott. At the young age of twelve‚ he had to work in order to help his family with expenses. At age 24‚ he was the manager of Scott’s company
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Andrew Carnegie and John D. Rockefeller‚ were both at one point in there life’s the richest men in the world. However they both had very different trails getting to their fortunes. Rockefeller was more or less handed money being part of the prestige aristocracy‚ however he was a very shred and organized man. He stressed the idea of planning ahead and never procrastinating‚ in most cases he was a penny-pinching millionaire. Even as a child he was always very organized and always planned ahead. This
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John D. Rockefeller was the head of the Standard Oil Company and one of the world’s richest men. He used his fortune to make many generous causes. He was born in Richford‚ New York‚ on July 8‚ 1839. John Davison Rockefeller moved with his family to Cleveland‚ Ohio‚ at the age of 14. He feel fear of hard work‚ he manage on a number of small-business journey as a teenager‚ landing his first real office job at age 16‚ as an assistant bookkeeper with Hewitt & Tuttle‚ commission merchants and produce
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