Were Nineteenth-Century Entrepreneurs Robber Barons? John Tipple "Big Business and a New Economy"� vs. Alfred D. Chandler "The Beginnings of Big Business in American Industry"� Many people wonder if the big businessmen of the late nineteenth century‚ also known as the "Gilded Age‚"� were "Robber Barons."� John Tipple‚ a professor of history‚ portrays big businessman of the late nineteenth century as criminal and cheating individuals whose power and greed eroded the nation’s image of traditional American
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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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surrounding‚ which created a good relationship between him and the public. He realized that the iron railroads were destroyed‚ broken‚ and unusable and something had to change‚ ironically his brilliant idea is still used today on railroads. Unlike Rockefeller‚ Carnegie turned his back on speculation and worked to build something enduring. Ultimately‚ Carnegie was humble and respectful to his workers and fellow associates‚ but there were some instances where that wasn’t the case. He deliberately pitted
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There was a lot of famous people in the 19th century‚ either by what they did or money wise‚ or both. However Andrew Carnegie‚ John D. Rockefeller‚ and Cornelius Vanderbilt were very famous during this time in industry. Therefore‚ they were very important people with money. Andrew Carnegie was born on November 25‚ 1835‚ in Dunfermline‚ Scotland. In 1848 moved to America in search of better opportunities. His education ended when they moved to America. He soon found a job as a bobbin boy at a cotton
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From the nineteenth century to the present‚ the United States has been hailed as a "land of opportunity" where individuals could achieve personal‚ political‚ religious‚ and economic freedoms. The image of the "land of opportunity" was true to different degrees for the African-American sharecropper in the postwar South‚ the immigrant at Ellis Island‚ and the wealthy capitalist or manager in the period from eighteen-sixty five to nineteen-fourteen with the African-American being at the low end of the
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Bibliography: Economic History Association. Volume 46. (2008-2012). The Journal of Economic History. Cambridge University Press. Henriques‚ D Philip Kotler‚ N. L. (2005). Corporate Social Responsibility. Wiley. Seymor E. Harris. (2012). American Economic History. Washington D.C: Beard Books. Web Pages: Action For Our Planet (2013) Unethical Companies
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The period of invention after the Civil War set the stage for immense industrial growth (Cayton 237). This period of time in the late 1800’s is known as the Industrial Revolution. Two prominent names in big business were John D. Rockefeller and Andrew Carnegie. There is no doubt that these people left their mark on business and on history. However‚ there is some dispute over how these individuals should be portrayed. Some people say that they were robber barons‚ while others insist that they were
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Xavier Johnson AMH 2010 03C Professor Amy Rieger 4/24/14 Florida History Project Henry M. Flagler’s name may have gotten less acknowledgement than the man of the Standard Oil business‚ John D. Rockefeller‚ but even with the lack of recognition Flagler’s power was just as strong in the oil industry in the 1870s and 1880s‚. Though Flagler was born in Hopewell‚ New York‚ in 1830 he left a lasting mark on the state of Florida and his influence easily reached the 20th century. Flagler’s greatest
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future. There were many industrial pioneers in the 1800s‚ and John D Rockefeller was one of the most prominent. Rockefeller was the president of Standard Oil. Rockefeller and Standard Oil bought other rival oil companies. This may not sound risky‚ but gaining a monopoly risks being berated by the public‚ journalists‚ and politicians. As a public figure‚ your image is very important‚ and being bold enough to sacrifice it like Rockefeller brought him immense amounts of wealth; and therefore financial
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The Growth of Industrialization in the Late 1800’s In the late 1800’s the United States underwent a major transformation as a country‚ in becoming the world’s leaders in industrialization. During the early 1800’s the industrial growth was steady but slow and most American companies were still relatively small. It wasn’t until after the Civil War that the United States experienced a huge growth in big business due to innovative new technologies and services most importantly the Transcontinental Railroad
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